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To Begin With, There Is Need To Explore All Pertinent Matter On This Subject, ...

To begin with, there is need to explore all pertinent matter on this subject, which will be dealt with in the literature review and analysis.
Methodology:
In order to conduct a study and answer the above research question, there is need to understand what can be deciphered from the matter to be reviewed. The matter reviewed will essentially consist of authentic material that is concerned with the relationship between China and the UK as well as European Union, and also the trade relationship between India and the UK. The WTO principles will also be discussed along with its preceding agreement for member countries. Further, there will also be a brief description and discussion of different trade theories and models that apply to international trade. These will all be theories that will aim at exposing different aspects of trade relationship between the UK and countries like India and China. The literature review will be analyzed thoroughly in order to expose the underlying answer to the research question.
Sources for the literature review are ones that are relative to the issue and are authentic, as they are taken from books and journals, as well as official websites, newspapers and magazines. Sources used in the literature review are relevant to the area of study as well as other relevant views that help in exploring this area of study as deeply as possible. In addition to the use of the sources mentioned above, the important factors belonging to field studied here are obtained from other studies and presentations, which means that this is a qualitative study. This helps to bring together a wider range of opinions and facts that can be analyzed from different angles. Careful analysis will be carried out in order to answer the research question. After analyzing the facts presented and making use of opinions as well, the study will be concluded.
Chapter One:
This chapter will deal with briefly describing the trade relationships between the UK and China, the UK and India, and the EU with China. It will also describe relevant WTO principles in the light of these relationships. The descriptions of the trade relationships mentioned here are important because they help to expose the possible of trade between UK and developing countries such as India and China.
Economic Functions through Globalization:
Since technological advancements have promoted more effective communication around the world, international business has been greatly facilitated. Many economies have grown as a result of better communication. The European Union and particularly China have ameliorated their means of business because of effective communication. Certainly, these effective means have enhanced the speed with which trade has taken place.


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