economic integration

What are the various forms of economic integration? How is trade diversion different from trade creation? Elucidate.

Leave a Comment / MEC-107 /

Introduction Economic integration refers to the unification of economic policies and markets among different countries through the reduction or elimination of trade barriers. It plays a vital role in promoting regional cooperation and increasing trade and investment among member countries. Two key outcomes of economic integration are trade creation and trade diversion, which affect the […]

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Mal-Integration of Rural and Urban Economy

Leave a Comment / MRDE-004 /

Introduction Mal-integration of rural and urban economy means poor coordination and unequal development between villages and cities. It causes economic imbalance and limits rural growth. Examples Better services and jobs only in cities Rural products not reaching urban markets Neglect of rural infrastructure Conclusion Balanced policies are needed to integrate rural and urban economies for

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Write a Short Note on Each Part of the Following Questions (250 Words Each) a) SAARC b) BIMSTEC

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(a) SAARC (South Asian Association for Regional Cooperation) The South Asian Association for Regional Cooperation (SAARC) was established in 1985 with the objective of promoting regional cooperation, economic integration, and cultural exchange among South Asian nations. The eight member states of SAARC are India, Pakistan, Bangladesh, Sri Lanka, Nepal, Bhutan, Maldives, and Afghanistan (joined in

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Examine the core ideas and policy recommendations of Raul Prebisch and HW Singer.(500 words)

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Raul Prebisch and Hans Wolfgang Singer were prominent economists who made significant contributions to the field of development economics, particularly in the context of Latin America. They proposed theories and policy recommendations aimed at addressing issues related to international trade, development, and economic inequality. Here’s an examination of their core ideas and policy recommendations: Raul

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