Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Trade in Services - strategic considerations:
India has emerged as a major exporter of services, bringing about a change in our negotiating position at the WTO. India's trade in services, especially software exports have made a real dent in the world market. It ranked 18" largest services exporter with a share of 1.4 percent in global exports in 2003. An upward shift in trend growth of services exports from an average annual of 7.9 percent in the first half of 1990s to 15.3 percent in 2000-0112003-04 reflect the growing volume of these exports in India's total exports. Traditionally while services receipts have been mainly from travel, transportation and insurance sub-sectors, more recently the buoyant growth of professional, technical and business services has provided a cushion against the slowdown in the former categories. These new economy services witnessed an average annual growth of about 37 percent during 1995-961 2003-04, contributing over 70 percent of total services exports in 2003-04. Software services export share alone rose from 10.2 percent in 1995-96 to 48.9 percent in 2003-04. Exports of software and IT-enabled services rose by about 28 percent in 2003-04 and further 34.4 percent to reach mce_markernbsp; 17.2 billion in 2004-05. The global market for software and services is projected to grow by 8.6 percent per mum during 2004-08. India remains an attractive source of software exports because of low cost of operations and availability of high quality and skilled manpower resources. Another factor is that the structure of software services exports shows that financial services including banks, insurance companies and securities firms account for the largest share of Indian software services followed by manufacturing and telecom sectors.
Assume that an economy's GDP Y=5000. Also assume that the government runs a deficit where tax revenue T=1000 and government expendituresG= 1500. The consumption function is represe
Goods Market and Factors Market: Goods market is the market where goods are bought and sold for the purpose of consumption Factors markets are the markets
Suppose that Lilistan has two types of citizens: low-income citizens (income = $20,000) and high-income citizens (income = $80,000). Interest income is currently taxed and each typ
Recognize which of the following purchases is counted as a part of NI: a) Tata motors purchases tire from Good year to equip latest Indica. b) Tata motors purchases tires fr
1. An unemployed individual decides to spend the day fishing. The opportunity cost of fishing is equal to A) The cost of bait and any other monetary expenses. B) Zero, becaus
critically examine Keynesian theory of employment?
factors that causes the shifts in balance of payments
A monopolist faces the following demand function for its product: Q = 45 - 5P The fixed costs of the monopolist are $12 and the variable costs are $5 per unit. a) What are the pro
1.the AD curve represents at the same time the demand for goods, money and labor in the economy 2.in the AS-AD model, higher competition among producers leads to a medium run equil
Determine Why banks raise their interest rates A way to explain why banks raise their interest rates is as follows. With higher overnight interest rates, it is more expensive fo
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +91-977-207-8620
Phone: +91-977-207-8620
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd