Subject: Economics
Book: Comprehensive Indian Economy - Additional Topics
Bilateral or regional FTAs aim to reduce tariffs and barriers for mutual benefit. India engages with ASEAN, Japan, UAE, among others. Critics note trade deficits with certain partners, the risk of cheap imports hurting MSMEs. Nonetheless, FTAs can spur exports if accompanied by domestic structural reforms (quality standards, reduced logistics costs). For exam answers, detail major ongoing negotiations, highlight the rules of origin concerns, and discuss how e-commerce or IPR chapters factor into modern FTAs.
What does the term “capital account” refer to in the balance of payments?
View QuestionWhat is the main objective of disinvestment in public sector undertakings (PSUs)?
View QuestionWhat is the main aim of the “Startup India” initiative?
View QuestionWhat is the term for the price at which demand and supply in a market are equal?
View QuestionWhat is “open market operations” (OMO)?
View QuestionWhat is meant by the term “current account deficit”?
View QuestionWhich of the following measures can reduce a trade deficit?
View QuestionWhich of the following best describes “capital formation”?
View QuestionWhat is the meaning of “disguised unemployment”?
View QuestionWhat is the objective of the Goods and Services Tax (GST)?
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