How do poor countries avoid “reinventing the wheel” in technology?
By importing capital and technology
Which group of agricultural exporters, led by australia, also found GATT’s progress inadequate and unsatisfactory?
Cairns Group
What has aggravated income inequality within and between nations
corporate led globalization
Which misleading hope about trade is disproven by the marginal gains of developing countries post-WTO?
Fair share promise
Which contradiction emerges when developed countries encourage skilled migration but restrict unskilled?
Selective integration
What conceptual divide complicates globalisation debates, per the document?
Static vs. dynamic advantage
What type of cultural dominance is associated with globalisation in the text?
Coca Cola-McDonald culture (cultural homogenisation)
What mechanism, disguised as “market-plus agenda,” can tilt WTO negotiations unfavorably for developing countries?
Competition policies
Which Committee reviewed the performance and structure of rural credit and proposed essential reforms to strengthen it?
The Expert Committee on Rural Credit (2001)