Audio books - Social Studies - Understanding economic development

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Description

NCERT Textbooks
Social studies - Understanding economic development - Economics
Debate on Trade Practices
Is this free or fair trade?

Vocal Characteristics

Language

English

Voice Age

Young Adult (18-35)

Accents

Algerian

Transcript

Note: Transcripts are generated using speech recognition software and may contain errors.
debate on trade practices. You have seen in chapters that the agricultural sector provides the bulk of employment and a significant portion of the GDP in India compare this to a developed countries such as the US with the share of agriculture in GDP at 1% and its share in total employment a tiny 0.5%. And yet this very small percentage of people who are engaged in agriculture in the US massive sums of money from the U. S. Government for protection and for export to other countries. Due to this massive money that they received US, farmers can sell the farm products at abnormally low prices. The surplus farm products are sold in other countries, markets at law crisis adversely affecting farmers in these countries. Developing countries are therefore asking the developed country governments. We have ready to trade barriers as water rules, but you have ignored the rules of auto and have continued to pay your farmers for us sums of money. You have asked your governments to stop supporting our farmers, but you are doing so yourself. This is free of fair trade