With regard to the WTO subsidies are covered in two seperate international economic law agreements which are they?
The reform treaty and Treaty of Rome
The North American free trade agreement
GATT and the Agreement on subsidies
Free Trade Agreements
In the domestic economy major reforms were undertaken in the _______ sector.
Industrial Sector
Service Sector
Tertiary Sector
Service sector
When expenditure is more than income the government borrows to finance the ______________ from banks and other financial institutions.
Surplus
Deficit
Excess
Debit
The growth of GDP increased from __________ during 1980 - 1991.
5.6%
7.2%
6.3%
5.7%
What are the important outcomes of the globalization process?
Outsourcing
Financing
Decision taking
Exporting
_________ is the outcome of the policies of liberalization and privatisation.
Economic activity
Globalization
Development policies
Disparities in income and wealth
The foreign investment includes
Foreign direct investment
Financial investment
Domestic investment
Indirect investment
What is the reason of decreasing industrial growth?
Decreasing demand of industrial production
Increasing price rate
Inflation
Deflation
_______ consists of taxes on income of individuals as well as profits of business enterprises.
Indirect Tax
Corporation Tax
Direct Tax
Service Tax
In 1991, India met with an economic crisis relating to its ________ debt.
External
Internal
Income
Private