ECONOMICS (CBSE/UGC NET)

ECONOMICS

TRADE EXCHANGE AND INTERDEPENDENCE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following is not part of the arguments about trade protection?
A
The national security
B
A souree of the government revenue
C
The potential for corruption
D
The protection of domestic jobs
Explanation: 

Detailed explanation-1: -The most common types or categories of corruption are supply versus demand corruption, grand versus petty corruption, conventional versus unconventional corruption and public versus private corruption.

Detailed explanation-2: -The annual index measures three forms of government corruption across the executive branch, the judiciary, the military and police, and the legislature: bribery, improper influence by public or private interests, and misappropriation of public funds or other resources.

Detailed explanation-3: -Forms of corruption vary, but can include bribery, lobbying, extortion, cronyism, nepotism, parochialism, patronage, influence peddling, graft, and embezzlement.

Detailed explanation-4: -Update anti-bribery & anti-corruption policies. Get the tone right from the top. Embed ABAC principles in corporate culture. Ensure gifts & hospitality meet key criteria. Conduct due diligence on all third parties. Watch out for bribery & corruption red flags. More items •09-Dec-2022

There is 1 question to complete.