What is the difference between Chinese and Indian trade in services?

What will be an ideal response?

While China exports more services in total, it has a trade deficit in services and is primarily made up of transportation and travel services. India has a trade surplus in services, which primarily comprise information services and other business services, and this area is growing rapidly for India.

Economics

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How did maintaining the gold standard deepen the severity of the Great Depression?

What will be an ideal response?

Economics

A good that is rival in consumption and not excludable is called a

a. public good. b. common resource. c. club good. d. private good.

Economics