Paper I · 6 Indian Economy & Planning · 6.4.1 External sector

6.4.1.7 Trade remedies and regional trade agreements: anti-dumping, FTAs, CEPAs and customs unions

Trade remedies protect domestic industry from unfair or sudden imports, while FTAs and regional blocs lower tariffs among partners; India recently concluded or signed major agreements with the UAE, Australia, EFTA, the UK and the EU.

  • APPSC Paper I · Paper I
  • Advanced level
  • 7 min read
  • Full course

Key terms

  • anti-dumping
  • countervailing duty
  • safeguard duty
  • DGTR
  • FTA
  • CEPA
  • CECA
  • customs union
  • RCEP
  • India-UAE CEPA
  • India-UK CETA
  • India-EFTA TEPA
  • India-EU FTA

What this note covers

  1. Core factsFoundation
  2. ExplainedStandard
  3. DeeperAdvanced
  4. Mains writingMains writing
  5. Common trapsFoundation
  6. Quick revisionFoundation

Read the full note in the app. It is part of the APPSC Paper I full course in Medha AI. Free in the app: the first chapter of each topic.

Read the full note in the app Indian Economy & Planning questions with answers

All External sector notes · APPSC Paper I syllabus · APPSC Paper I Mock 1 with answers · Start free

Medha AI writes its own notes and checks them against the sources listed. Medha AI is an independent preparation service. It is not affiliated with, endorsed by or connected to APPSC, TSPSC, MPSC, UPSC or any other commission or government body.