Section: Economics - II

Foreign aid, or external assistance, is considered a vital element for the advancement of developing countries. It invol...

Globalisation is the process of integrating a nation's economy with the world economy. It involves the conscious movemen...

Foreign Exchange (Forex) refers to the conversion of one country's currency into another. It represents the price of one...

Protectionism is a policy approach where a government imposes restrictions such as tariffs, quotas, and subsidies to shi...

Free trade refers to the international exchange of goods, services, and capital without the imposition of excessive gove...

Fiscal policy is a cornerstone of macroeconomic management, alongside monetary policy, used by governments to influence ...

Taxation is a mandatory financial charge or levy imposed by the government on individuals, businesses, or other entities...

Taxation is the primary instrument used by a government to finance its expenditures. It is a mandatory financial charge ...

Public finance is a specialized branch of economics that examines how government entities at various levels, (national, ...