what is wto ? n wat is his impact on Indian economy?
disadvantages of WTO..?
The three pillars of Indian economy are :- 1) Consumption 2) Savings 3) Investment
it has many impacts:- 1.higher the literacy level of population richer the economy will be. 2.large population if given proper training and health facilities can be asset for the country.
The bad effects of the privatisation of Indian economy are as follows : 1. the company would run out of governments hand. 2. reduction in the control. 3.the objective of the company would divert from social obligation to profit motive.
About Us - 2003 30 Frames a Second The WTO in Seattle was released on: USA: 2 June 2006
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World Trade Organization, based in Geneva, Switzerland. It primarily deals with the rules of trade and commerce between two countries. Structure - Made of 2 entities: 1. WTO agreements, framed, negotiated and agreed to by most of the countries of the world. 2. WTO is also a forum where countries can negotiate these agreements, settle disputes arising from agreements and help other countries join the negotiations. It was formed in 1995.
TYPES OF EXPORT FINANCE 1.Export Import Bank 2.IMF- [Indian Monetary Fund] 3.World Bank 4.WTO-[World Trade Organisation] 5.IBRD-[International Bank Of Reconstruction Development] 6.ITO-[Indian Trade Organisation] 7.IFC-[International Finance Corporation]
Mixed economy and market economy
it was the strongest economy in the world
1. International Crude Price 2. Higher Agricultural commodity Price 3. much liquidity in Market
TYPES OF EXPORT FINANCE 1.Export Import Bank 2.IMF- [Indian Monetary Fund] 3.World Bank 4.WTO-[World Trade Organisation] 5.IBRD-[International Bank Of Reconstruction Development] 6.ITO-[Indian Trade Organisation] 7.IFC-[International Finance Corporation]