Phase IFoundation
Background
Overview
Understanding the dynamics of global economic relations, the causes and impacts of trade conflicts on international stability, and the role of international law and institutions in managing such disputes. India is often a party or affected by such disputes.
International trade disputes arise when countries disagree over trade policies, market access, or perceived unfair practices, often leading to diplomatic tensions and retaliatory measures. A 'trade war' is an extreme form of such a dispute, characterized by escalating tariffs and other trade barriers imposed by multiple countries against each other.