GK
INDIAN ECONOMY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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A developing country like india still doesnt have access to developed countries markets because of
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high non tariff barriers
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high tariff barriers
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Either A or B
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None of the above
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Explanation:
Detailed explanation-1: -How do developed countries maintain an advantage over developing countries in international trade? They maintain high tariffs on the agricultural goods that many developing countries export. What has contributed to the increase in labor migration during the recent period of globalization?
Detailed explanation-2: -Primary Exporting: Un-Favourable Terms of Trade: Mounting Developmental and Maintenance Imports: Higher Import Intensity: BOP Crisis: Lack of Co-ordination: Depleting Foreign Exchange Reserve and Import Cover: Steep Depreciation: More items
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