Is being archipelago a hindrance to Nation's progress?

Q: What are some ways that governments can helppeople who lose from trade?

A: Nevertheless, reciprocal trade agreements often restrict rather than eliminate protectionist…

Q: How does free trade enhance global efficiency?

A: Free Trade Answer: Free trade represents a situation where different countries in the world can…

Q: How does trade and specialisation create winners and losers within countries?

A: The movement or transfer of goods and services from one country or entity to another in exchange for…

Q: Who does protectionism protect? From what does it protect them?

A: International trade brings out a positive impact on the economies as they help in growing the…

Q: Do the Philippines and Filipinos benefit from global economic and political integration? (500 words)

A: The Philippines and Filipinos can benefit from global economic and political integration in a number…

Q: What are the advantages and disadvantages of using a nation as point of reference for a culture?

A: Culture is a broad term that incorporates social behaviour and conventions in human communities, as…

Q: he basic needs of the people are controlled by the country and multinational

A: The central economic problems can be solved in 2 ways- Market Economy (one in which all economic…

Q: Does it help a country to expel one foreign power and be under the control of another country?  How?

A: International trade is the trade between multiple nations. It happens when the national trade is…

Q: Can globalization be helping build a “new world order”?

A: Indeed, globalization be helping build a “new world order. Decay of the United Nations, alongside…

Q: Would the average Indian citizen prefer liberization or protectionism? Why would they choose one…

A: Economic liberalisation refers to the processes that encourage free trade, such as subsidy…