With regard to the WTO subsidies are covered in two seperate international economic law agreements .which are they?
Multilateral and Bilateral/Regional Trade Agreement
The Nortrh American Free Trade Agreement
GATT and the Agreement on subsidies
Free Trade Agreements
_________ is the outcome of the policies of Liberalization and Privatisation.
Economic activity
Globalization
Development policies
Disparities in income and wealth
__________ includes commercial banks,investment banks stock exchange operation's and foreign exchange market.
Finance Sector
Service Sector
Industrial Sector
Public sector
In 1991, India met with an economic crisis relating to its ________ debt.
External
Internal
Public
Private
__________ have been removed to increase the competitive position of Indian goods in the international markets.
Import licensing
Export duty
Tariffs
Import tax
What are the important outcomes of the globalization process?
Outsourcing
Financing
Decision taking
Exporting
What is Inflation?
Increase in the general price level
Decreasing goods prices
Falling the demand of goods
Decrease in the general price level
WTO aims at:
Establishing rules for domestic trade
Restricting trade practices
Liberalising international trade
Disparities in income
_______ consists of taxes on income of individuals as well as profits of business enterprises.
Indirect Tax
Corporation Tax
Direct Tax
Service Tax
In which year GATT was established?
1947
1946
1948
1949
