Disadvantages of state trading, Microeconomics

Assignment Help:

Disadvantages of State Trading

State trading has several disadvantages.

(i) State trading is often afflicted by the corruption and inefficiency usually associated with the public sector.

(ii) It is alleged that state trading promotes bilateral trade as against multilateral trade and obstructs free trade.

(iii) State trading eliminates or reduces competition and entrepreneurship.


Related Discussions:- Disadvantages of state trading

Bains theory, what is bains theory ? describe with the diagram

what is bains theory ? describe with the diagram

Define contribution pensions, Q. Define Contribution Pensions? Defined ...

Q. Define Contribution Pensions? Defined Contribution Pensions: A pension plan which makes no specified promise about level of pension paid out after retirement. In its place,

Measuring the economic value of education , Measuring the Economic Value of...

Measuring the Economic Value of Education A review of research works regarding the economic value of education shows that it developed in four different directions. They a

Socialist economy, Socialist Economy: The material means of production are ...

Socialist Economy: The material means of production are owned by the whole community represented by State under socialist form of economy. All members have equal right in the benef

Profits, explain normal profits

explain normal profits

Types of inflation in a country, (a) Describe the different types of inflat...

(a) Describe the different types of inflation in a country. (b) Describe the trade-off between inflation and unemployment, using appropriate diagrams. (c) Mauritius has bee

#title.micro, what are jobs of the department of justice and the federal tr...

what are jobs of the department of justice and the federal trade commission in business pratices.

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd