UPSC Exam > UPSC Videos > Indian Economy for UPSC CSE > External Sector Trade and Capital - 1
External Sector Trade and Capital - 1 Video Lecture | Indian Economy for UPSC CSE
This video is part of 143 videos|315 docs|135 tests | Join course for free |
|
143 videos|315 docs|135 tests
|
FAQs on External Sector Trade and Capital - 1 Video Lecture - Indian Economy for UPSC CSE
| 1. What is the external sector trade? |  |
| 2. How does the external sector trade impact a country's economy? | |
Ans. The external sector trade can have both positive and negative impacts on a country's economy. It can stimulate economic growth by providing access to larger markets, attracting foreign investments, and increasing employment opportunities. However, it can also lead to trade imbalances, loss of domestic industries, and vulnerability to international market fluctuations.
| 3. What is the role of capital in the external sector trade? | |
Ans. Capital is an essential component of the external sector trade as it facilitates the flow of financial resources between countries. It includes investments, loans, and financial instruments. Capital inflows can support economic development by providing funding for infrastructure projects, technology transfers, and business expansions. Conversely, capital outflows can indicate a flight of capital or investments leaving the country.
| 4. How does the external sector trade affect a country's balance of payments? | |
Ans. The external sector trade has a direct impact on a country's balance of payments. The balance of payments records all economic transactions between residents of a country and the rest of the world. A surplus in the trade balance (exports exceeding imports) contributes to a positive balance of payments, while a deficit (imports exceeding exports) leads to a negative balance. This balance affects a country's currency exchange rates and overall economic stability.
| 5. What are some challenges faced by countries in managing their external sector trade? | |
Ans. Countries face various challenges in managing their external sector trade. These include maintaining a favorable trade balance, dealing with trade barriers and protectionism, managing currency exchange rates, addressing trade disputes, and ensuring fair and equitable trade agreements. Additionally, countries need to balance the benefits of trade with the protection of domestic industries and employment.
Related Exams
About this Video
4.61/5
Rating
Apr 02, 2025
Last updated
Video Description: External Sector Trade and Capital - 1 for UPSC 2025 is part of Indian Economy for UPSC CSE preparation.
The notes and questions for External Sector Trade and Capital - 1 have been prepared according to the UPSC exam syllabus.
Information about External Sector Trade and Capital - 1 covers all important topics for UPSC 2025 Exam.
Find important definitions, questions, notes, meanings, examples, exercises and tests below for External Sector Trade and Capital - 1.
Introduction of External Sector Trade and Capital - 1 in English is available as part of our Indian Economy for UPSC CSE for UPSC & External Sector Trade and Capital - 1 in
Hindi for Indian Economy for UPSC CSE course. Download more important topics related with notes, lectures and mock test series for
UPSC Exam by signing up for free.
Description
Video Lecture & Questions for External Sector Trade and Capital - 1 Video Lecture | Indian Economy for UPSC CSE - UPSC full syllabus preparation | Free video for UPSC exam to prepare for Indian Economy for UPSC CSE.
Information about External Sector Trade and Capital - 1
Here you can find the meaning of External Sector Trade and Capital - 1 defined & explained in the simplest way possible.
Besides explaining types of External Sector Trade and Capital - 1 theory, EduRev gives you an ample number of questions to practice External Sector Trade and Capital - 1 tests,
examples and also practice UPSC tests.
Related Searches
External Sector Trade and Capital - 1 Video Lecture | Indian Economy for UPSC CSE
,Sample Paper
,past year papers
,Viva Questions
,ppt
,Free
,Semester Notes
,practice quizzes
,Extra Questions
,mock tests for examination
,Objective type Questions
,Important questions
,study material
,MCQs
,External Sector Trade and Capital - 1 Video Lecture | Indian Economy for UPSC CSE
,Previous Year Questions with Solutions
,Summary
,Exam
,video lectures
,shortcuts and tricks
,External Sector Trade and Capital - 1 Video Lecture | Indian Economy for UPSC CSE
;
Study External Sector Trade and Capital - 1 on the App
Students of UPSC can study External Sector Trade and Capital - 1 alongwith tests & analysis from the EduRev app,
which will help them while preparing for their exam. Apart from the External Sector Trade and Capital - 1,
students can also utilize the EduRev App for other study materials such as previous year question papers, syllabus, important questions, etc.
The EduRev App will make your learning easier as you can access it from anywhere you want.
The content of External Sector Trade and Capital - 1 is prepared as per the latest UPSC syllabus.
|
© EduRev
|
Education Revolution
|
|
Signup on EduRev and stay on top of your study goals
10M+ students crushing their study goals daily