Chap-22 Global trade And global finance Flashcards

1
Q

why GATT was dissolved?

A

the developed countries leader probablt liberals wanted more favourable terms in international trade.

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2
Q

keynesian economic theory

A

output, demand is more helpful than raising prces tobalance economy.

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3
Q

Single undertaking

A

A reform undertaken by all the countries under WTO .The economic package is alrgely discussed through Iformal allianc by quad

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