2 . How do you think the successful conclusion of the multilateral agreement to liberalize regulations governing FDI will benefit the world economy?
3 . Discuss the Competitive Advantage Theory of International Trade. How this theory is different from other theories.
4 . On what basis countries as classified as low income, middle income and high income countries? Do you think economic status of a country will influence its global business?
5 . Explain different types of Economic Systems. What are the major challenges faced by the command economies while transiting to a market economy?
6 . Explain the achievement of EU in integrating its member countries. How is formation of EU beneficial for India?
7 . How is WTO different from GATT? What are the main issues in the Doha Development Agenda and what are its implications for the developing countries?
8 . Write short notes on any three of the following:-
a) Tariff
b) Subsidies and Countervailing Duties
c) Quotas
d) Voluntary Export Restraint
e) Local Content Requirement.
The world’s poorest countries are at a competitive disadvantage in every sector of their economies. They have little to export, no capital; their land is of poor quality; often have too many people against available work opportunities; and are poorly educated. Free trade is not in interest of these countries. Discuss.
2 . How do you think the successful conclusion of the multilateral agreement to liberalize regulations governing FDI will benefit the world economy?
3 . Discuss the Competitive Advantage Theory of International Trade. How this theory is different from