Start learning 50% faster. Sign in now
Tobin tax is a tax on international flow of short term capital. The tax is known after economist James Tobin who proposed it in1972 in the form a currency transaction tax. Basically, Tobin tax aims to discourage volatile short term capital flows or hot money which are very speculative . The burden of a Tobin tax is inversely proportional to the length of the transaction, i.e., the shorter the holding period, the heavier the burden of tax. Variants of Tobin tax are imposed by many countries to discourage short term capital flows or hot money. In India, the Securities Transaction Tax (STT) can be considered as a type of Tobin tax.
The type of need which is clearly specified by the customer is known as ___________.
A type of retail outlet that focuses on one type of product at very competitive prices and often dominates the market is called a:
The rise of income in developing countries would lead the demand curve to shift:
Every Saturday morning you like driving out to the apple orchard and purchasing right from the farmer. This purchasing form is considered:
Which of the following is an example of non-durable goods?
All of the following are correct statements about print newspapers and digital newspapers except:
The iPhone, Samsung Galaxy and new Microsoft smartphone are all positioning themselves in the same target market by emphasizing their superiority in sim...
Examples of possible barriers to entry include all of the following with the exception of:
A company that experiences truncated future growth when launching a new product, may have failed to initially engage in:
When assessing different types of ‘recovery drinks' to consume post donating blood you recall an ad from 'Sting' highlighting the differences between ...