Reveled comparative advantage is a significant factor for India-ASEAN Trade

Abstract

The majority of nations in the world rely on one another, either directly or indirectly, for robust economic growth, demonstrating the significance of international trade through revealed comparative advantage. International trade is crucial for specialisation at the regional and global levels as well as for the abundance of commodities, both of which increase welfare. It expands a nation's output market internationally and could result in higher prices through trade. As a result, the engine of economic expansion is significantly fuelled by international trade. The primary goal of the current article,