Thursday, August 6, 2015

Rapid Development of Technology

Due to the rapid development in the field of science and technology, the economy of the any nation is highly affected. Due to the globalization, the organizations are getting borderless and the world has become very small. No nation can remain isolated from one another due to the digital revolution in technology. International trade had flourished worldwide.
In fact it has become a part of economic activities in fact it has become a part of economic activities in all nations.


Now a day the International trade is regarded as a key factor to measure the economic growth of a nation. Any country needs foreign currency for its economic prosperity. Both developed & underdeveloped countries can gain much more benefits from foreign trade. It can be very good source for earning foreign exchange. So, the developing country like Nepal has no such satisfactory industrial products to export. But some distinct products which it produces 'the best' and has high demand and export possibility in the international market. One of the most common products having good export possibility is handicraft. So the study of this product regarding export and its promotion is being essential.

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