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

Arbitration, Arbitration The use of a third party to describe between ...

Arbitration The use of a third party to describe between two sides dead locked in a negotiation. The arbitrator's decision can be binding or not binding, as before agreed upon

Cost, define cost its types with curves

define cost its types with curves

Production, explain 6 factors that determine volume of production

explain 6 factors that determine volume of production

Consumer behaviour - marginal utility, Given the following table MUx MUx/P...

Given the following table MUx MUx/Px Qty MUy MUy/Py 80 40 1 68 17 52 26 2 32 8 20 10 3 28 7 16 8 4 24 6 8 4 5 20 5

Advanced microeconomics, PRODUCTION AND PRODUCTIVITY DIAGRAM BEHAVIORAL REL...

PRODUCTION AND PRODUCTIVITY DIAGRAM BEHAVIORAL RELATIONSHIP

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