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Reorganisation of Export Councils:
India has a large number of exporpromotion councils, commodity boards and other similar agencies, butheir impact on India's foreign trade has been minimal, if any. There is need to reorganise these organisations in such a way that they become aeffective as similar agencies in Japan and South Korea.
Strategy to Fight NTBs:
India should adopt a four-pronged strategy tomeet the joint challenge of a United Europe and opening up of EasEurope. The strategy should consist of four elements: (a) restructuringof the corporate sector; (b) better quality products; (c) revaluation oGeneral System of Preferences (GSP); and (d) linkages in industriaproducts. The corporate sector should identify products which have market in EU. Simultaneously, the high cost of Indian goods should bbrought down by raising productivity and upgradation of technology. A related aspect is that India must develop a policy to fight NTBs. Apossible way will be to utilise some kind of an instrument like Specia301 used by the US against countries which restrict Indian goods. Whilit may be difficult to have as strong a weapon as Special or Super 301India can work out some such instruments to be used against unfair tradpartners. Likewise, strategies will also have to be developed to improvIndia's stand at WTO on issues pertaining to countries imposing NTBs.
Cost Sharing in Higher Education - Student Loans The method is popular as it directly targets only those who are the recipients of the benefits of higher education.The method
Find a recent hostile takeover in Europe and compare the European takeover tactics and defences to those tactics and defences in US. In your opinion do you think the targeted firm
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Which of the following is a free good? Fresh water, forests in the northwestern United States, the advice of economists, or none of the above?
What are the advantages of leaving the allocation of a countrys resources to the price mechanism? Ans) The main conditions needed are: 1. Either a finite number of agents or pr
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Conditionality: International financial institutions (such as World Bank andInternational Monetary Fund) usually attach strong conditions to emergency loans they make to developing
Fiat money is what is regular in modern economic systems. Fiat money is money that is described as legal tender by either a government or some organization with the authority to e
Rationale for government intervention There are six major functions the government can perform in an economy. 1. The government provides a legal and social framework within which
When the demand function is 2Q - 24 + 3P = 0, find the marginal revenue when Q=3.
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