Topics:
CH-3: LIBERALISATION, PRIVATISATION AND GLOBALISATION: AN APPRAISAL, Indian Economic Development, NCERT Books
Non-Tariff Barriers Problem
Developing countries like India face difficulty accessing developed countries' markets because of:
- Low quality of Indian goods
- High non-tariff barriers in developed countries — Correct Answer
- Absence of WTO membership
- Lack of export products
Explanation:
Correct Answer Explanation
India still does not have access to developed countries' markets because of high non-tariff barriers.
Key Points:
- USA has not removed quota restrictions on import of textiles from India and China.
- Developing countries feel cheated — forced to open their markets but denied access to developed markets.
📚 About this Topic — CH-3: LIBERALISATION, PRIVATISATION AND GLOBALISATION: AN APPRAISAL
This multiple choice question is from CH-3: LIBERALISATION, PRIVATISATION AND GLOBALISATION: AN APPRAISAL, Indian Economic Development, NCERT Books. It has 4 options with a detailed explanation of the correct answer. Practice more MCQs from CH-3: LIBERALISATION, PRIVATISATION AND GLOBALISATION: AN APPRAISAL to strengthen your preparation.
