Author: Aan Gupta

BILATERAL TRADE BETWEEN INDIA AND CHINA

Bilateral trade between India and China has been prominent in the 21st century. Through cooperation and interdependence, the two nations have been able to establish a trade relationship that benefit’s both economies. China has emerged as India’s largest goods trading partner. This has brought advantages for India such as the availability of low priced products, […]

In a time of crisis and shortage should essentials, such as toilet paper, be subject to price controls to prevent price gouging?

A price control is a type of government intervention in the market which involves the setting of price ceilings or price floors, thus preventing the market from reaching a market-clearing equilibrium price. A price ceiling is a limit on how high a price is charged for a product, commodity, or service, usually to protect consumers […]