Author Question: India implemented a self-sufficiency model after they gained independence from the UK. In the 1990s ... (Read 54 times)

sammy · **on:** Jul 14, 2018

India implemented a self-sufficiency model after they gained independence from the UK. In the 1990s they switched to an International trade model that resulting in

A) a remarkably unresponsive economy.
B) an improved competitiveness and quality of Indian products.
C) higher tariffs on imported products.
D) a lowering of the GDP per capita.
E) a proliferation of monopolies.

Question 2

The WTO can do all of the following except

A) enforce agreements.
B) rule on the validity of a charge and order remedies.
C) work to reduce barriers to international trade.
D) order rich member nations to bail out weaker member nations.
E) negotiate the restrictions on the international movement of money by banks.