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Explain the merits and demerits of F.D.I
Introduction: The capital which come from other countries is called foreign capital almost all country depend upon foreign capital at the beginning of development. Foreign Direct Investment (FDI) refers to the investment made by a company from one country into another country, in the form of establishing business operations, acquiring assets, or taking a significant…
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Explain the objectives and functions of W.T.O.
Introduction: The WTO is a successor to the GATT, the GATT was forum where the member countries met from time to time to discuss and solved World Trade problem, but WTO is a properly established permanent World Trade Organization. It has a legal status and enjoy privileges and immunities on the same footing as the…
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Write a note on history of G.A.T.T
History of G.A.T.T The GATT was a just an international organization having a permanent council of representatives with headquarters at Geneva. Its function was to call international conference to decide on trade liberalization on a multilateral basis. The history of G.A.T.T is The GATT was a multilateral treaty which has been signed by 96 governments…
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Explain the achievements of G.A.T.T
The GATT [General Agreement on Trade and Tariff] was a multilateral treaty which has been signed by 96 governments known as contracting parties. 31 other countries had applied to GATT. It was neither an organization nor a court of justice. It was simply a multinational treaty which covered 80% of the World Trade, it was…
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What is Foreign Exchange Rate? Explain its factor determinants.
Meaning: Foreign exchange is the name given to any foreign currency. The market in which currencies of various countries are exchanged is called foreign exchange market. The participants of this market are commercial banks, foreign exchange brokers, other authorized dealers, monitory authorities etc. Foreign exchange rate is the price of one country’s currency in terms…
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Explain the methods of correction of disequilibrium in B.O.P?
Introduction: The balance of payment of a country is a systematic record of its receipts and payments in international transaction in a given year. Each transaction is entered on the credit and debit side of the balance sheet. The credit sides are visible and invisible exports, transfer receipts in the form of gift received from…
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Explain the Law of Demand?
Introduction: The law of demand holds a great importance in economics, before this meaning of demand we learn. The term demand is different from desire, want; wish etc. In economics the term demand has different meaning. Any want or desire will not constitute demand. Demand is not mere desire for a commodity but it is…
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Explain the monetary policy of R.B.I OR Explain the quantitative methods of credit control.
Introduction: The central bank aims at providing financial and economic stability in the country. It supervises controls and regulates the activities of all the commercial banks and other financial institutions of the country. Thus central bank is the monetary institution whose main function is to control regulates and stabilizes the monetary system of the country…
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Explain the types of demand.
Introduction: The term demand is different from desire, want; wish etc. in the language of economics the term demand has different meaning. Any want or desire will not constitute demand. The other aspects of demand are as follows. Demand refers to the total or a given quantity of a commodity that are purchased by a…
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What is Economic Dynamics? Explain its uses and limitations.
Meaning: The term Dynamic means changing or moving. So, dynamic economics is a study of the changing economy. In other words it is a study of changes in the economic system. The word dynamic means causing to move in economic dynamics the relation between the relevant variable refer to different point of time. Its takes…