Study Material
Foreign Sector
Very Short Answer Questions
Q1. Assess the role of international trade on Indian economy.
Q2. Distinguish balance payments and balance of trade.
Q3. Distinguish current account and capital account.
Q4. Describe the functions of GATT.
Q5. Discuss the rounds of GATT.
Q6. Explain the objectives of WTO.
Q7. Analyse the differences between GATT and WTO.
Q8. Write a note on Agreement on Agriculture (Ao A).
Q1. Examine India's trade balance and balance of payments.
Q2. Describe the status of foreign direct investment in India.
Q3. What are the provisions of GATT?
Q4. What are the provisions of Final Act of WTO?
Q5. Explain the impact of WTO on Indian Economy. How is it different from GATT?