Phase IFoundation
Background
Overview
UPSC examines the geopolitical use of economic tools, their impact on India's trade and economy, and India's strategic responses to such external pressures, which are crucial for understanding international relations and economic policy.
Economic sanctions and trade tariffs are policy instruments employed by nations to exert economic pressure or influence the foreign policy of other countries, often leading to trade disputes, market disruptions, and significant economic consequences for the targeted economies.