International trade

DMPQ-What is regional trading ? Point out the arguments in favor of regional trading.

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. Regional trading refer to a treaty that is signed by two or more countries to encourage free movement of goods and services across the borders of its members. The agreement comes with internal rules that member countries follow among themselves. When dealing with non-member countries, there are external rules in place that the members … Read more DMPQ-What is regional trading ? Point out the arguments in favor of regional trading.

DMPQ- . Discuss the significance of India’s ‘Make in India’ Programme in defence sector. Also mention the challenges In Indigenous Defence Manufacturing.

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The ‘Make in India’ programme is primarily being impelled by the imperative to reduce arms import bills and ‘optimise’ defence expenditure – India’s FY2019 defence budget of USD 71.1 billion was the highest in South Asia and the third-highest in the world, and for the past five years, it has been the world’s second largest … Read more DMPQ- . Discuss the significance of India’s ‘Make in India’ Programme in defence sector. Also mention the challenges In Indigenous Defence Manufacturing.

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