Question
Which of the following is not covered under TBT
Agreement?Solution
· The TBT Agreement covers trade in all goods - both agricultural and industrial · The following are not covered: ü Services ü purchasing specifications prepared by government bodies for production or consumption requirements of governmental bodies ü measures covered by the Agreement on the Application of Sanitary and Phytosanitary Measures
The positive cross elasticity of demand between two products means the two products
Which one of these is an exception to the law of demand?
The goods whose demand is not tied with the demand for some other goods are said to have
Who introduced the concept of elasticity of demand?
Economics of scale means
Diamond-water paradox establishes the fact that
Which of the following is/are the causes of demand curves moving downwards to the right?
Movement along a demand curve as a result of change in price is known as
Dynamic forces operating in the economy create various kinds of economic fluctuations which are termed as trends in the economy. Which of the following...
When AR is constant, MR is
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