Why are trade barriers imposed on the foreign trade and investment in a country? -SST 10th

Why are trade barriers imposed on the foreign trade and investment in a country? -SST 10th
by

1 Answer

Answer :

Trade barriers are used by the governments - . To increase, decrease or regulate foreign trade. . To decide what kinds of goods and how much of each, should come into the country. . To protect the producers within the country from foreign competition.
by

Related questions

‘Barriers on foreign trade and foreign investment were removed to a large extent in India since 1991.’ -SST 10th

Description : ‘Barriers on foreign trade and foreign investment were removed to a large extent in India since 1991.’ -SST 10th

Last Answer : Removal of barriers on foreign trade and foreign investment: . Barriers on foreign trade and foreign investment were partially removed. . Goods could be improved and exported easily. . Foreign ... and offices here. . Opportunities for Indian producers to compete with producers around the globe.

Barriers to foreign trade and foreign investment were removed to a large extent in India since 1991'. Justify the statement. -SST 10th

Description : Barriers to foreign trade and foreign investment were removed to a large extent in India since 1991'. Justify the statement. -SST 10th

Last Answer : 1. The government decided to remove the barriers on foreign trade and foreign investment around 1991 as it was realized that the time had come for Indian producers to compete with producers around ... as they would have to improve their quality of service in comparison to the foreign competition.

Why had the Indian Government put barriers to foreign trade and foreign investment after independence ? State any one reason. -SST 10th

Description : Why had the Indian Government put barriers to foreign trade and foreign investment after independence ? State any one reason. -SST 10th

Last Answer : Indian Government put barriers after independence because they wanted to avoid foreign competition for the domestic producers.

Why had Indian government put barriers to foreign trade and foreign investment after independence ? Explain. -SST 10th

Description : Why had Indian government put barriers to foreign trade and foreign investment after independence ? Explain. -SST 10th

Last Answer : 1. The Indian government after independence had put barriers to foreign trade and investment in order to protect the domestic producers of goods and services from the foreign competition. 2 ... by the government for only certain essential items such as machinery, fertilizers, petroleum etc.

In which year did the government decide to remove barriers on foreign trade and investment in India ? -SST 10th

Description : In which year did the government decide to remove barriers on foreign trade and investment in India ? -SST 10th

Last Answer : The government decided to remove barriers on foreign trade and investment and introduce a new series of economic reforms in India in the year 1991.

what were the reasons for putting barriers to foreign trade and foreign investment by the Indian government ? -SST 10th

Description : what were the reasons for putting barriers to foreign trade and foreign investment by the Indian government ? -SST 10th

Last Answer : Government of India initiated slew of measures to put barrier on foreign trade and investment owing to following reasons: To safeguard the domestic producers from foreign competition. Ideological ... early 1990s, wherein India didn't have adequate foreign reserve to pay for the imports.

Why did India put barriers on foreign trade and investment after independence? -SST 10th

Description : Why did India put barriers on foreign trade and investment after independence? -SST 10th

Last Answer : Soon after independence India put barriers on foreign trade and independent to create a large industrial base which helped in increasing the industrial production. Policies were changed in 1991 ... (b) Reduce the problems like unemployment, poverty, inflation etc. and support industrialisation.

The Indian government removed barriers on foreign trade and foreign investment to a large extent. What does this mean? -SST 10th

Description : The Indian government removed barriers on foreign trade and foreign investment to a large extent. What does this mean? -SST 10th

Last Answer : This means that goods could be imported and exported easily and also foreign companies could set up factories and offices here.

In which year, the government started to remove barriers on foreign trade and foreign investment. -SST 10th

Description : In which year, the government started to remove barriers on foreign trade and foreign investment. -SST 10th

Last Answer : In 1991 ,the government started to remove barriers on foreign trade and foreign investment.

‘‘Barriers on foreign trade and foreign investment were removed to a large extent in India since 1991.’’ -SST 10th

Description : ‘‘Barriers on foreign trade and foreign investment were removed to a large extent in India since 1991.’’ -SST 10th

Last Answer : Removal of barriers on foreign trade and foreign investment: (i) Barriers on foreign trade and foreign investment were partially removed. (ii) Goods could be imported and exported easily. ( ... and offices here. (iv) Indian producers got opportunities to compete with producers around the globe.

Why had the Indian government put barriers to foreign trade and foreign investment after independence? -SST 10th

Description : Why had the Indian government put barriers to foreign trade and foreign investment after independence? -SST 10th

Last Answer : Reasons for putting trade barriers to foreign trade and investment by the Indian government after Independence are: (i) To protect local producers and goods from foreign competition. (ii) Industries ... of products. (ii) To attract foreign investments. (iii) To place orders for production.

2. What was the reasons for putting barriers to foreign trade and foreign investment by the Indian government? Why did it wish to remove these barriers? -Economics 10th

Description : 2. What was the reasons for putting barriers to foreign trade and foreign investment by the Indian government? Why did it wish to remove these barriers? -Economics 10th

Last Answer : The main reason for putting barriers to foreign trade and foreign investment by the Indian government was to protect the interest earned by producers and small industrialists of our country from ... and removing these barriers would increase trade and quality of products produced in the country.

Which of the following is a driver of globalization? A. Trade barriers and controls on inflows of foreign direct investment. B. Weak competition. C. Technological advance. D. Economies of scale are being exploited to the maximum.

Description : Which of the following is a driver of globalization? A. Trade barriers and controls on inflows of foreign direct investment. B. Weak competition. C. Technological advance. D. Economies of scale are being exploited to the maximum.

Last Answer : Trade barriers and controls on inflows of foreign direct investment.

Why had the Indian government put barriers to foreign trade and foreign investments after independence? -SST 10th

Description : Why had the Indian government put barriers to foreign trade and foreign investments after independence? -SST 10th

Last Answer : Indian government has put barriers to foreign trade and foreign investments after independence because: . It wanted to protect the producer within the country from foreign competition. . As the ... . . Indian allowed imports of only essential items such as machinery fertilizers, petroleum, etc.

Why had the Indian government put barriers to foreign trade and foreign investments after independence ? -SST 10th

Description : Why had the Indian government put barriers to foreign trade and foreign investments after independence ? -SST 10th

Last Answer : 1. The Indian economy was instable and weak after the British left India, and it was important to allow the economy to develop and flourish itself in order to cope up with the high ... from producers and companies abroad were certainly not suitable to India's situation at the time of independence.

Which of the following do NOT facilitate globalization? A. Improvements in communications B. Removal of barriers to trade and investment C. Immigration controlsD. Removal of controls on movement of capital across borders

Description : Which of the following do NOT facilitate globalization? A. Improvements in communications B. Removal of barriers to trade and investment C. Immigration controlsD. Removal of controls on movement of capital across borders

Last Answer : Immigration controls

Which organization lays stress on liberalization of foreign trade and foreign investment ? -SST 10th

Description : Which organization lays stress on liberalization of foreign trade and foreign investment ? -SST 10th

Last Answer : The World Trade Organisation (WTO) lays stress on liberalization of foreign trade and foreign investment.

Which one of the following organizations lays stress on liberalization of foreign trade and foreign investment ? -SST 10th

Description : Which one of the following organizations lays stress on liberalization of foreign trade and foreign investment ? -SST 10th

Last Answer : (WTO) World Trade Organization

How could you distinguish between ‘foreign trade’ and ‘foreign investment’ ? -SST 10th

Description : How could you distinguish between ‘foreign trade’ and ‘foreign investment’ ? -SST 10th

Last Answer : Foreign trade is integration of markets in different countries. For example, export and import of goods and services from one country to another. But foreign investments are investments made by ... globe also creates better job opportunities and better income. So MNCs promote foreign trade also.

Why had the Indian Government put barrier to foreign trade and foreign investment after independence? State any one reason. -SST 10th

Description : Why had the Indian Government put barrier to foreign trade and foreign investment after independence? State any one reason. -SST 10th

Last Answer : The Indian government, after Independence, had put barriers to foreign trade and foreign investment because this was considered necessary to protect the producers within the country from foreign competition.

Differentiate between foreign trade and foreign investment. -SST 10th

Description : Differentiate between foreign trade and foreign investment. -SST 10th

Last Answer : Differentiation between foreign trade and foreign investment are:

Why had the Indian Government put barrier to foreign trade and foreign investment after independence ? -SST 10th

Description : Why had the Indian Government put barrier to foreign trade and foreign investment after independence ? -SST 10th

Last Answer : The protect the producers within the country from foreign competition.

Name the organization which lay emphasis on liberalisation of foreign trade and foreign investment in India. -SST 10th

Description : Name the organization which lay emphasis on liberalisation of foreign trade and foreign investment in India. -SST 10th

Last Answer : World Trade Organization (WTO).

Differentiate between Foreign Trade and Foreign Investment. -SST 10th

Description : Differentiate between Foreign Trade and Foreign Investment. -SST 10th

Last Answer : Foreign Trade: The process of buying and selling goods and services between two or more than two countries is known as Foreign Trade. Foreign Investment: Foreign investment involves capital flows from one country to another, granting extensive ownership stakes in domestic companies and assets.

Reasonable restrictions under Article 19(2) can be imposed on the ground of (1) Defection (2) Contempt of court (3) Death of the PM (4) Signing of a trade treaty with a country

Description : Reasonable restrictions under Article 19(2) can be imposed on the ground of (1) Defection (2) Contempt of court (3) Death of the PM (4) Signing of a trade treaty with a country

Last Answer : (2) Contempt of court Explanation: According to Article 19(2), Nothing in sub clause (1) of clause (1) shall affect the operation of any existing law, or prevent the State from making any ... of the right conferred by the said sub clause in the interests of the sovereignty and integrity of India.

According to United Nations Conference on Trade and Development (UNCTAD) report, what is the position of India in Asia among the largest recipients of Foreign Direct Investment (FDI)? A) 12th B) 10th C) 4th D) 9th E) 6th

Description : According to United Nations Conference on Trade and Development (UNCTAD) report, what is the position of India in Asia among the largest recipients of Foreign Direct Investment (FDI)? A) 12th B) 10th C) 4th D) 9th E) 6th

Last Answer : C) 4th Explanation: Switzerland based United Nations Conference on Trade and Development (UNCTAD) released the World Investment Report stated that India is the fourth largest recipient of Foreign Direct ... involvement of India in Foreign Direct Investment is likely to reach USD 60 billion in 2016

Globalization refers to: A. A more integrated and interdependent world B. Less foreign trade and investment C. Global warming D. Lower incomes worldwide

Description : Globalization refers to: A. A more integrated and interdependent world B. Less foreign trade and investment C. Global warming D. Lower incomes worldwide

Last Answer : . A more integrated and interdependent world

Globalisation is the term used to describe process of removal of restriction on A. Foreign Trade B. Investment C. Both (A) and (B) D. None of the above

Description : Globalisation is the term used to describe process of removal of restriction on A. Foreign Trade B. Investment C. Both (A) and (B) D. None of the above

Last Answer : C. Both (A) and (B)

Which of these is not the function of World Bank? (a) To arbitrate on international trade disputes. (b) To help the member countries in the reconstruction and development of their countries. (c) To encourage private foreign investment and credit by guaranteeing repayment. (d) To promote long term balanced growth of international trade.

Description : Which of these is not the function of World Bank? (a) To arbitrate on international trade disputes. (b) To help the member countries in the reconstruction and development of their countries. ... and credit by guaranteeing repayment. (d) To promote long term balanced growth of international trade.

Last Answer : (a) To arbitrate on international trade disputes. 

What is a trade barrier ? Why did the Indian Government put up trade barriers after Independence ? Explain. -SST 10th

Description : What is a trade barrier ? Why did the Indian Government put up trade barriers after Independence ? Explain. -SST 10th

Last Answer : Trade barrier refers to the tax put on import by the government to discourage imports. Indian government put trade barriers because: 1. Industries were just coming up in the 1950s and ... put to protect the domestic producers from such competition. Imports of only essential goods were encouraged.

For which purpose can government use trade barriers? -SST 10th

Description : For which purpose can government use trade barriers? -SST 10th

Last Answer : Government can use trade barriers to increase or decrease (regulate) foreign trade and to decide what kinds of goods and how much of each, should come into the country.

Explain how the developing countries which are members of the WTO suffer due to trade barriers. -SST 10th

Description : Explain how the developing countries which are members of the WTO suffer due to trade barriers. -SST 10th

Last Answer : The developing countries suffer due to trade barriers. WTO is supposed to allow free trade for all in practice. But the developed countries have unfairly retained trade barriers. (i) ... asking governments of developing countries to stop supporting their farmers, but they are doing it themselves

“World Trade Organization rules have forced the developing countries to remove trade barriers.” -SST 10th

Description : “World Trade Organization rules have forced the developing countries to remove trade barriers.” -SST 10th

Last Answer : ' Values hampered due to this are : (i) Equal benefits and opportunities for all the people. (ii) Equality. (iii) Fair trade rules and practices.

Discuss the role of trade barriers on the importof chinese toys in india . -SST 10th

Description : Discuss the role of trade barriers on the importof chinese toys in india . -SST 10th

Last Answer : 'This answer was deleted by our moderators...

If the addressee of inward foreign parcel is aggrieved on the customs duty imposed on the article, it a) Should be taken delivery by the addressee and referred to customs authorities b) Has no option except to take delivery or refuse to take delivery c) Can request for return of the article to the customs for reassessment d) None of these

Description : If the addressee of inward foreign parcel is aggrieved on the customs duty imposed on the article, it a) Should be taken delivery by the addressee and referred to customs authorities b) Has no option ... c) Can request for return of the article to the customs for reassessment d) None of these

Last Answer : c) Can request for return of the article to the customs for reassessment

What are the main physical trade barriers of Europe?

Description : What are the main physical trade barriers of Europe?

Last Answer : We dont give homework answers here but I would go with the specifics if I were you.

the _______ agreement ended many trade barriers among the united states, mexico, and canada? -General Knowledge

Description : the _______ agreement ended many trade barriers among the united states, mexico, and canada? -General Knowledge

Last Answer : The North American Free Trade Agreement ended many trade barriers among the United States, Mexico, and Canada.

The most important of the non-tariff trade barriers are : (1) Quotas (2) Health regulations (3) Pollution standards (4) Labelling and packaging regulations

Description : The most important of the non-tariff trade barriers are : (1) Quotas (2) Health regulations (3) Pollution standards (4) Labelling and packaging regulations

Last Answer : (1) Quotas Explanation: Non-tariff barriers to trade (NT13s) are trade barriers that restrict imports but are not in the usual form of a tariff. Some common examples of NT13's are ... they are deemed necessary to protect health, safety, or sanitation, or to protect depletable natural resources.

The following is not a ‘reactive’ reason for going global. A. Trade barriers B. International customers C. International competition D. Product differentiation

Description : The following is not a ‘reactive’ reason for going global. A. Trade barriers B. International customers C. International competition D. Product differentiation

Last Answer : Product differentiation

The following is not a ‘reactive’ reason for going global. A. Trade barriers B. International customers C. International competition D. Product differentiation

Description : The following is not a ‘reactive’ reason for going global. A. Trade barriers B. International customers C. International competition D. Product differentiation

Last Answer : Product differentiation

Which among the following is / are characteristics of common market ? 1. A common external trade policy exists 2. There are no trade barriers among members 3. Creates mobility of factors of production 4. All of these 5. None of these

Description : Which among the following is / are characteristics of common market ? 1. A common external trade policy exists 2. There are no trade barriers among members 3. Creates mobility of factors of production 4. All of these 5. None of these

Last Answer : All of these

Which among the following is / are characteristics of common market ? 1. a common external trade policy exists 2. there are no trade barriers among members 3. creates mobility of factors of production 4. all of these 5. none of these

Description : Which among the following is / are characteristics of common market ? 1. a common external trade policy exists 2. there are no trade barriers among members 3. creates mobility of factors of production 4. all of these 5. none of these

Last Answer : all of these

JCB would look to which of the following factors to determine how trade barriers would affect its ability to market its earth-moving equipment in various countries? A) Political and legal forces B) Interpersonal forces C) Social forces D) Technological forces E) Industrial forces

Description : JCB would look to which of the following factors to determine how trade barriers would affect its ability to market its earth-moving equipment in various countries? A) Political and legal forces B) Interpersonal forces C) Social forces D) Technological forces E) Industrial forces

Last Answer : A) Political and legal forces

'PROTECTION' means - (1) Restrictions imposed on import trade (2) Protection to home industries (3) No free exchange of goods and services between two countries (4) All of the above

Description : 'PROTECTION' means - (1) Restrictions imposed on import trade (2) Protection to home industries (3) No free exchange of goods and services between two countries (4) All of the above

Last Answer : (4) All of the above Explanation: Protectionism is the economic policy of restraining trade between states through methods such as tariffs on imported goods, restrictive quotas, and a ... protect businesses and workers within a country by restricting or regulating trade with foreign nations.

What is Integrated Goods and Services Tax? (A) Tax on international trade (B) Tax imposed on interstate trade (C) Tax imposed on value additions to exports (D) Tax imposed on imported goods and services

Description : What is Integrated Goods and Services Tax? (A) Tax on international trade (B) Tax imposed on interstate trade (C) Tax imposed on value additions to exports (D) Tax imposed on imported goods and services

Last Answer : (B) Tax imposed on interstate trade

What is Integrated Goods and Services Tax? (A) Tax imposed on imported goods and services (B) Tax imposed on value additions to exports (C) Tax imposed on interstate trade (D) Tax on international trade

Description : What is Integrated Goods and Services Tax? (A) Tax imposed on imported goods and services (B) Tax imposed on value additions to exports (C) Tax imposed on interstate trade (D) Tax on international trade

Last Answer : (C) Tax imposed on interstate trade

‘PROTECTION’ means (1) Restrictions imposed on import trade (2) Protection to home industries (3) No free exchange of goods and services between two countries (4) All of the above

Description : ‘PROTECTION’ means (1) Restrictions imposed on import trade (2) Protection to home industries (3) No free exchange of goods and services between two countries (4) All of the above

Last Answer : All of the above

What is Gross National Product: A. The total output of goods and services produced by the country’s economy B. The total domestic and foreign output claimed by residents of the country C. The sum of gross domestic product and investment

Description : What is Gross National Product: A. The total output of goods and services produced by the country’s economy B. The total domestic and foreign output claimed by residents of the country C. The sum of gross domestic product and investment

Last Answer : B. The total domestic and foreign output claimed by residents of the country

Why China and other Asian countries became attractive destination for investment by foreign MNC’s ? -SST 10th

Description : Why China and other Asian countries became attractive destination for investment by foreign MNC’s ? -SST 10th

Last Answer : (i) They were not equipped to cope with the challenge of poverty and lack of development in the former colonies. (ii) They were controlled by USA as it had veto power.

What is investment? How is foreign investment different from it? -SST 10th

Description : What is investment? How is foreign investment different from it? -SST 10th

Last Answer : The money that is spent to buy assets such as land, building, machines and other equipment is called investment. Investment made by MNCs is called foreign investment. Every investment is made with the hope that the assets will earn profits for these companies.