What is the difference between Chinese and Indian trade in services?
What will be an ideal response?
While China exports more services in total, it has a trade deficit in services and is primarily made up of transportation and travel services. India has a trade surplus in services, which primarily comprise information services and other business services, and this area is growing rapidly for India.
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Which of the following is an example of a good that is excludable and nonrivalrous?
a. A fishery. b. Cable television. c. Over the air television broadcasts. d. Disney World.
Intermediate goods are not counted as part of gross domestic product
Indicate whether the statement is true or false
The Herfindahl-Hirschman Index measures:
A. the degree of concentration in a market. B. the percentage of market share held by the four largest firms in a market. C. the percentage of market share held by the largest firm in a market. D. the market share held by the largest firm in a market divided by the market share held by all other firms in the market.
Why does India argue that the demand for reduction of greenhouse gasses by developed countries is hypocritical?
What will be an ideal response?