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International Journal of Banking
Objectives: In the era of a globalized world, the interdependence amongst countries in terms of international trade of goods and services and capital flows has increased considerably. There is a considerable change in the trade composition of the developing countries with a magnificent shift from exporting commodity to manufacturing product exports. This change in the trade composition has made the developing countries terms of trade more stable, but its exports are becoming more sensitive tofatcat:onlgceunvvcdjdsiq2qgsiz6ve