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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.
define stagflation
Wealth Tax: A tax in that owners of specific forms of wealth (likereal estate, financial wealth, or inheritances) should pay a specified proportion of that wealth to government, us
Allocative Efficiency The production of products and services such that stages of production are closely tied to levels of customer demand.
#question.suppose the # of producers of electric cars increases causing the supply curve to shift to the right. If the demand curve stays stationary what will happen to the produce
can you help me answer an economics question
Discrimination: As a result of sexist and racist attitudes and deliberate efforts of employers to oppose groups of workers against each other, different groups of people (divided a
Discuss MO theory in detail?
Q. State the Keynesian Theory of employment? Under employment Theory, Govt interference Aggregate Demand- Aggregate supply- Effective demand, Income and employment consumption
Explain how consumers might benefit from the existence of monopolies. While the standard issue of monopolies having higher prices and lower output that competitive markets migh
equilibrium price and output.
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