India's merchandise trade has been growing in importance in recent years with increases in share in world exports and imports (Economic Survey, 2013-14). However with fragmentation of production process across countries, higher exports can no longer be linked to higher production as imports of...

The paper undertakes analyses at three levels and the results arrived at different levels indicate that trade liberalization has had a favourable effect on FDI flows in India. It is also found that the regions having greater extent of international trade are able to attract greater amount of...