Which of the following should always be balanced in the foreign trade of India?

 

 

In December 2017, Mid-Term Review of the Foreign Trade Policy (FTP) was released. The review announced how much percent increase each in incentive rates of
Merchandise Exports from India Scheme and Services Export from India Scheme?

IMF has predicted that the global economy would grow at _______ % in 2017.

The short run average cost curve is ____ shaped.

A commodity market has a _________ structure, if there is one seller of the commodity, the commodity has no substitute, and entry into the industry by another firm is prevented.

Match the characteristics with their market structure:
(a) Firm has control over quantity of output but it must take into account reactions of competitors.
b) Firm will tend to set output so that it earns maximum profits.

Match the characteristics with their market structure:
(a) Price > MC in both short and long run
(b) Faces highly elastic demand

"Forests" is listed in the __________ list given in the Seventh Schedule in the Constitution of India.

Short run marginal cost curve cuts the average variable cost curve from _______ at the minimum point of average variable cost.