| Summary/Abstract |
Over the last two decades and more, the world has had witnessed rapid expansion of global trade and reduction in tariff rates both through the multilateral arrangements under the WTO as well as various types of trade cooperation agreements including RTAs. And India as an emerging giant and an efficient economic diplomat meanwhile placed itself as a key player in expanding world trade as well as reducing the tariff rates that so far distorted the world affairs. Eventually she is increasingly becoming a harsh critic of developed countries which still are resorting to the use of non-tariff measures (NTMs) to protect their domestic home and industry.
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