Write a note on extension and contraction in demand.
Changes in Demand: Changes in demand in economics refer to shifts in the quantity of a good or service that consumers are willing and able…
Explain the determinants of demand?
Introduction: The term demand is different from desire, want; wish etc. In economics the concept demand has different meaning. Any want or desire will not…
Explain the merits and demerits of fixed exchange rate.
Introduction: A fixed exchange rate (also known as a pegged exchange rate) is a system in which a country’s currency value is tied or pegged…
Explain the role and importance of M.N.Cs
Multinational corporations MNC are huge industrial organization which extender industrial and marketing operation over a number of countries. They are also known as transnational corporations,…
Explain the merits and demerits of F.D.I
Introduction: The capital which come from other countries is called foreign capital almost all country depend upon foreign capital at the beginning of development. Foreign…
Explain the objectives and functions of W.T.O.
Introduction: The WTO is a successor to the GATT, the GATT was forum where the member countries met from time to time to discuss and…
Write a note on history of G.A.T.T
History of G.A.T.T The GATT was a just an international organization having a permanent council of representatives with headquarters at Geneva. Its function was to…
Explain the achievements of G.A.T.T
The GATT [General Agreement on Trade and Tariff] was a multilateral treaty which has been signed by 96 governments known as contracting parties. 31 other…
What is Foreign Exchange Rate? Explain its factor determinants.
Meaning: Foreign exchange is the name given to any foreign currency. The market in which currencies of various countries are exchanged is called foreign exchange…
Explain the methods of correction of disequilibrium in B.O.P?
Introduction: The balance of payment of a country is a systematic record of its receipts and payments in international transaction in a given year. Each…
