Human Resource Management (MBA 509)
Macroeconomics (MBA 510)
Individual Term Paper: International Trade (exports and imports) along with comparison of another
SAARC country
Submitted to
Prof. Dr. Rezai Karim Khondker
Email: rkhondker50@gmail.com
Independent University, Bangladesh,
School of Business, MBA Program
Prepared by
Sadia Afrin, Student Id: 1910708
Email: 1910708@iub.edu.bd
Independent University, Bangladesh,
School of Business, MBA Program
APRIL 15, 2021
International Trade (exports and imports): along with the comparison of another SAARC
country
Abstract
The whole report discusses the export imports importance, present situation, and prospects. To
analyze the present condition would like to compare with India which is considered as one of the
strongest countries among the others SAARC country. To analyze the current scenario
perspective I design the whole report into several sections so that I can conclude an informative
summary. The first section discusses the basic importance of export imports-related issues and
tries to discuss the reason why should I choose India rather than other SAARC countries. The
second phase will discuss what would I tries to find out from that research and the third section
discuss how should I conduct the research, in 4th section analyze in details and tries to show
Bangladesh and India’s current business scenario, in the 5th sections I did recommendation based
on analysis perspective and finally conclude the research. For doing this report would like to
analyze everything in detail and chronologically so that is easier for the reader to understand
what I would like to present in the report.
Introduction
Export-import not only done between two countries businessman based on export-import the
whole countries economy depends on. When a country does more export that means that
countries are more efficient that’s why they export more products and earn more money. On the
other side, when a country imports more that means that country doesn’t have efficient resources
that’s why they import products from the others. International economist experts always
discourage imports and encourage to do more exports. Another important issue is that this
export-import helps to do a balanced trade (Ahmed & Uddin, 2019). For example, one country is
more efficient for produce rice, and other countries more efficient to produce herbs. From that
perspective, both countries can exchange and enjoy product specialization benefits. In that
perspective, all the global experts always more emphasize export imports. For international
exports imports rights and distribution purposes, the world trade organization is made up who
tries to dispute the international export import-related problems. Not only that this export-import
also impacts GDP growth and currency value. When one country’s export rate is higher that
means that countries have sufficient storage of foreign currency as a result currency rate
automatically increases. On the other side, when the imports rate increase that means that
country need to pay more and their currency reserve rate decrease and their currency rate
automatically decrease (Neloy,2020).
In 1985 SAARC (South Asian Association for Regional Cooperation) made to develop the
neighboring countries especially on the economy, quality of life, and other prospects (Guntukula,
2018). SAARC associated countries indeed get some extra privileges to do business with each
other. It is true that we have a strong bilateral relationship with all the SAARC countries
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especially India (Kumar,2018). But still, we felt they are our major competitors in the
international market. among all other SAARC countries, INDIA is in a strong position and each
year export millions of dollars product. Not only that they are one of the competitors
Bangladesh. That’s why we try to choose India to compare with Bangladesh export-import and
tries to find out the new opportunity (Islam, 2019).
Objectives of this research
The main objectives of this report to
• Find out the major difference in export and import between India and Bangladesh
• Find out the major loopholes and opportunities for enhancing Bangladesh exports
(prospects).
Data analysis methods
For doing this research the researcher uses qualitative research methods. The whole research
conduct based on a secondary data analysis perspective. To collect data researcher uses relevant
(topic-related) journals, articles, newspapers, and others researchers’ data and information so that
we can make this report more valid and authentic.
Data analysis
Each year both countries India and Bangladesh tries to find out the new opportunity and tries to
