Development economics

Table of Contents

1. Topic pack - Development economics - introduction
2. 4.1 Economic development (notes)
3. 4.1 Economic development (questions)
4. 4.2 Measuring Economic Development (notes)
5. 4.2 Measuring development (questions)
6. 4.3 The role of domestic factors in economic development (notes)
7. 4.3 The role of domestic factors in economic development (questions)
8. 4.4 The role of international trade (notes)
9. 4.4 The role of international trade (questions)
   1. Short answer questions
   2. Data response (1)
   3. Data response (2)
   4. Long answer questions
10. 4.5 The role of Foreign Direct Investment (FDI) (notes)
11. 4.5 The role of foreign direct investment (questions)
12. 4.6 The role of foreign aid and multilaterial development assistance (notes)
13. 4.6 The role of foreign aid and multilateral development assistance (questions)
14. 4.7 The role of international debt (notes)
15. 4.7 The role of international debt (questions)
16. 4.8 The balance between markets and intervention (notes)
17. 4.8 The balance between markets and intervention (questions)
18. Print View

Data response (2)

Read the article India free trade agreement likely this year: Sharma and then answer the questions below. You can do this in the web window below, or follow the previous link to open the article in a new web window.

Question 1

Explain what is meant by a free trade area, such as EFTA?

Question 2

Analyse the benefits and costs of establishing a regional free trade area.

Question 3

Drawing upon real world examples, explain why bilateral trade agreements, such as that between EFTA and India, are becoming more popular.