Notes and Study material for Exams
Planning and Foreign Trade Foreign Trade is the important factor in Economic Development in any nation. Foreign trade in India comprises of all imports and exports to and from India. The Ministry of Commerce and Industry at the level of Central Government has responsibility to manage such operations. The domestic production reveals on … Read more
The Agreement on Agriculture (AoA) is a multilateral agreement signed in 1994 as part of the Uruguay Round of the General Agreement on Tariffs and Trade (GATT). The AoA aims to reduce agricultural subsidies and trade barriers, and to promote agricultural trade LiberalizationLiberalization. The AoA covers a wide range of topics, including: Market access: The … Read more
The Many Faces of Money: A Journey Through History, Economics, and Society Money, a seemingly simple concept, is a complex and multifaceted phenomenon that has shaped human civilization for millennia. From its humble beginnings as a medium of exchange to its role in global finance, money has evolved alongside human society, reflecting our changing needs, … Read more
Here is a list of subtopics without any description for World Trade Organization: Agreement on Agriculture Agreement on Anti-Dumping Agreement on Customs Valuation Agreement on Import Licensing Procedures Agreement on Implementation of Article VI of the General Agreement on Tariffs and Trade 1994 Agreement on Preshipment Inspection Agreement on Rules of Origin Agreement on Safeguards … Read more
The Wealth Tax: A Controversial Tool for Equality and Growth The concept of a wealth tax, a levy on an individual’s net worth, has re-emerged as a prominent policy debate in recent years. Proponents argue that it is a necessary tool to address growing inequality, fund public services, and promote economic stability. Opponents, however, contend … Read more
Foreign Trade Policy of India has always focused on substantially increasing the country’s share of global merchandise trade. Accordingly the Government of India has been taking various steps towards boosting its trade with the rest of the world by adopting policies and procedures which would help to increase and facilitate both exports and imports with … Read more
Here is a list of subtopics on Most Favoured Nation (MFN): MFN treatment MFN clause MFN principle MFN tariff MFN exception MFN reciprocity MFN negotiations MFN dispute settlement MFN implementation MFN impact MFN criticisms MFN alternatives MFN future Most-favored-nation (MFN) treatment is a principle in international law by which a country is obligated to treat … Read more
The World Trade Organization came into being in 1995 as the successor organization to the General Agreement on Tariffs and Trade (GATT) established in the wake of the Second World War. It is a multilateral framework (an agreement among governments) for conduct of international trade in goods and Services and also for protection of Intellectual … Read more
WTO agreement on agriculture The Agreement on Agriculture is one of the key agreements within the WTO system. Its importance is reflected by its presence as the first Agreement annexed to the Marrakesh Agreement establishing the WTO. Market access Market access simply means the right which exporters have to access a foreign market. The WTO … Read more