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प्रश्न
Distinguish between:
Bilateral and Multi-lateral trade
उत्तर
| Bilateral | Multilateral Trade | |
| 1. | It is a trade agreement between two countries. | It is a trade agreement among more than two countries. |
| 2. | This is an agreement that provides equal opportunities to both countries. | This is an agreement that provides equal opportunities to all the member countries in the international market. |
संबंधित प्रश्न
What is globalization? Highlight any three causes of globalization.
Assess any three basis on which globalisation is being resisted in India.
Mention any two benefits of globalisation.
"Globalisation has shifted power from nation-states to global consumers." Justify the statement.
Which of the statements are TRUE about globalisation?
Which of the statements are TRUE about globalisation?
- Globalisation is only about movement of commodities.
- Globalisation does not involve a conflict of values.
- Services are an insignificant part of globalisation.
- Globalisation is about worldwide interconnectedness.
In the 2006-07 Budget, the peak rate of custom duty was brought down to ______.
Where is the headquarter of IBRD?
Presently, How many members are there of World Bank?
______ factors are living or once-living organisms in the ecosystem?
Arrange the following in correct sequence.
- South Asian Free Trade Agreement came into force.
- IPKF operation in Sri Lanka.
- India and Bangladesh signed Farakka Treaty.
- India's nuclear test in Pokhran.
Globalisation is the flow of ______ across the world.
Consider the following statement(s) that have contributed to the process of globalisation. Choose the correct statement(s).
______ is all about who gets what, when, where and how.
What is/are component/s of worldwide interconnectedness?
Which statements are 'true' about globalization?
- Globalization is only about the movement of commodities.
- Globalization does not involve a conflict of values.
- Services are an insignificant part of globalization.
- Globalization is about worldwide interconnectedness.
Consider the following statement(s) that have contributed to the process of globalisation. Choose the correct statement (s)
Read the passage given below carefully and answer the questions that follow:
| Globalisation as a concept fundamentally deals with flows. These flows could be of various kinds - ideas moving from one part of the world to another, capital shunted between two or more places, commodities being traded across borders and people moving in search of better livelihoods to different parts of the world. The crucial element is the ‘worldwide interconnectedness’ that is created and sustained as a consequence of these constant flows. |
- ‘Worldwide interconnectedness’ is also known as ______.
- Globalisation
- Liberalisation
- Socialisation
- Privatisation
- Dimensions of globalisation are ______.
- political, social and spiritual
- social, economic and geographical
- political, economic and environmental
- political, social and economic
- Which among the following increases economic activities?
- Decline in employment
- Increase m the index of poverty
- Strong global economic growth
- Great decline in the trade
- Which one of the following is an impact of globalisation?
- The power of the states has increased.
- New trade barriers have been imposed.
- Choice of the customer has increased.
- It has given a boost to local industries.
Read the following text carefully and answer the given questions on the basis of the same and common understanding:
| India urged the World Trade Organisation (WTO) to relax rules to allow the country to export food grains from its public stocks to the nations facing food crises. India can help, reduce food insecurity but there is hesitation on the part of the WTO, in relaxing its rules. India's Finance Minister said food, fuel and fertilizers are global public goods and ensuring access of these for developing and emerging economies is critical. She also shared India's experiences, including robust gains in agriculture production, citizen-centric, food security programmes and innovative delivery ‘mechanisms such as the 'One Nation one Ration Card’ Scheme. |
- State and discuss any two objectives of World Trade Organisation.
-
Name any two steps taken by India to strengthen food security.
