Developing Countries need Trade, not Aid
Points to remember before you participate in this discussion:
- Assume you are one of the members of a real group discussion.
- Take the initiative to participate and contribute your thoughts.
- Contribute your positive thoughts towards providing the solution.
- Post your thoughts here.
Discussion:
65 comments Page 6 of 7.
Souvik mishra said:
1 decade ago
Developing countries are the ones where economy is in the growing stage. In these countries people are in need of products and services and the demand is increasing day by day. And in the era of globalization, purchasing power of people has increased so any new product or service launched will be in high demand in developing nations. Moreover in a nation like India where there is a huge population with different cultures the demand s also vary a lot. So any big firm whether its automobile sector or electronic sector will certainly have consumers lined up for there products to get sold. Hence trade is certainly necessary not only for enhancing development of these countries but also for increasing the living standards of people. Not only that the firms will also get an extremely good market to invest which will also enhance there trade and increase profit levels.
(14)
Samba said:
1 decade ago
I think in country like India in today's world trade is on increase day by day. Situation of getting aid comes when there is something economic downturn in country and there is need of aid from other country in that case their is need of hour to get aid and this situation occured in 1994 economic downturn in India but as years gone by many changes has taken place in India and now its on development stage and economy is on increase day by day and other countries are dyingto have trade relations in India so think it is for the betterment of the INDIAN ECONOMY That they are looked upon as potential market for outer world.
(14)
Nitish Gupta said:
1 decade ago
India is a developing country, as we are developing day by day, so in this condition we need more trade opportunity from neighbour countries, not aid, some where taking aid from another countries can make our country lazy in there development. So, we need to welcome more & more trade in the place of aid...
(11)
Abha said:
1 decade ago
India is a developing country, as we are developing day by day, so in this condition we need more trade opportunity from neighbour countries, not aid, some where taking aid from another countries can make our country lazy in there development. So, we need to welcome more & more trade in the place of aid...
(14)
Puneet bansal said:
1 decade ago
I think in country like India in today's world trade is on increase day by day. Situation of getting aid comes when there is something economic downturn in country and there is need of aid from other country in that case their is need of hour to get aid and this situation occured in 1994 economic downturn in India but as years gone by many changes has taken place in India and now its on development stage and economy is on increase day by day and other countries are dyingto have trade relations in India so think it is for the betterment of the INDIAN ECONOMY That they are looked upon as potential market for outer world.
(14)
Vijay said:
1 decade ago
Developing countries always need trade compare to aid to become a developed country. Only trade can enhance the economic growth of the country and it also develops a better understanding between the nation. Aid is a short term desire while trade is the long term desire.
(43)
Faheem said:
1 decade ago
If anyone gives us aid, it means the talent which is in us is not given sufficent way to show and our talent remains inside us and later dies with our death. When we trade, we put all our talents in that and it also helps in growing new talents as well.
(39)
Furqan Bhutta said:
1 decade ago
Developing Countries definitely need trade not aid because that if other countries gave us aid but also with this aid there are many conditions to put in their economy like high prices, buy imported goods, foreign currency return to their country. So finally aid is short term but the trade is long term. So finally trade is better than the aid.
(15)
Pallavi said:
1 decade ago
Developing countries definately need trade than aid because aid is a short term fullfillment of neeeds and demands of a country which it cannot rely on.
Aid can be supplied for a certain period after which the country has to find effective means to enhance its growth. And this opportunity can be provided only by the means of trade which helps enhancing the produv=ctiviy and in turn the growth of the nation.
Aid can be supplied for a certain period after which the country has to find effective means to enhance its growth. And this opportunity can be provided only by the means of trade which helps enhancing the produv=ctiviy and in turn the growth of the nation.
(32)
Dev said:
1 decade ago
Aid and trade is like debt equtiy ratio so in my point of view trade is first and aid is second. and it is true we r doing good but there is need of aid also becoz of poverty and huge population.and friends the day is not far when we r stable to give aid to other countries. over trade is increse day by day and trade deficit is negligible.there is lot of growth opportunity inover nation so take patients and be positive.
(17)
Post your thoughts here:
Quick links
Quantitative Aptitude
Verbal (English)
Reasoning
Programming
Interview
Placement Papers