Attempt all the questions
Question1)
Explain the role of WTO in regulating trade among different countries. What are the strategies which India has adopted for integrating itself with world?
Question2)
Explain services. How are they classified? Describe the potential and performance of India in exporting services.
Question3)
Distinguish between:
(a) Balance of Payment and Balance of Trade
(b) FDI and FPI
Question4)
Write short notes on the following:
(a) Strength of Indian Leather Industry
(b) Indian Textile Industry
Question5)
Explain the following statements:
(a) India’s export is highly concentrated in the few markets.
(b) Concept of export processing zones has gained popularity all over the world.
(c) Electronics & information technology segment of Indian industry are fastest growing.
(d) West Asian countries are very significant for India’s foreign trade.