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In this similar context, it will be vital to mention that smooth FDI inflow is primarily based on the factors like accessibility of potential workforce, cost of labor and market potentiality among others (Wacker 1-43).
With regards to determine the positive impacts of FDI on the economy of India, it can be asserted that this particular determinant is creating favorable financial conditions towards the growth of the economy in terms of encouraging more investments. Specially mentioning, the issue regarding the economies of scale can be reduced with the help of changing industrial policies that can be either based on the aspects of promoting technical knowhow and increasing productivity. FDI not only leads creation of money in the form of making substantial investments, but also provides a control to the foreign countries specifically on the host nations at large. The impact of FDI as per the study of macroeconomics can be illustrated as depicted in the
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Competition on the other hand however, deals with the removal of any restrictions on the trade in order to ensure that the competition between different players in the market works in healthy and constructive manner. Anti-trust laws are therefore formulated in order to ensure that no one in the free markets can actually dominate the market by creating any kind of barriers or restrictions in order to control the market.
This breakdown of the international trade and monetary system led to the creation of the IMF with the purpose to stabilize the exchange rates of currencies and to encourage members to increase international trade by making a pool of funds available to member countries experiencing balance of payments difficulties.
The process of globalization links people of all walks through a common media such as schools, internet, and global markets. Currently, globalization is rapidly advancing between the North (developed countries) and the South (developing countries). Agents such as World Bank, International Monetary Fund, World Trade Organization, and other UN-based organizations are the primary accelerators of globalization.
True to the fact supported by economics, people have only limited resources which they use in order to satisfy their never ending needs and wants. Thus, they use these resources in order to make choices which will provide them with the highest level of utility and satisfaction.
Bilateralism achieved through PTA creates barriers for other nations, distorts flow of goods, and generates friction among the nations preventing optimization of the production globally. Bilateral agreements tend to
This statement tries to explain the manner in which order can result from the freedom of choice. This involves the Solow Model, ideas in economics, real exact business cycles and the Keynesian approach in
A grand cinema is the prime venue that enriches lives by the use of art of films offered at prime venues along the central business districts or in major residential places1. In most cases, it is a live streaming event that