REFLECTIVE READING

1.How does cost differentials in trade affected trade flows of

goods and services in India?
Trade flows have highlighted more attention than capital flows and

technological changes in the role of driving forces of globalization. India

trade characteristics are well organized with the new reforms of

globalization. The global trade is enhanced by exports of modern services

in India.

However, India face challenges in meeting proper changes in the sectors of

demographic dividends and technology. India excelled in the increment of

number of goods exported to other countries as well as providing services

and new markets in global view.

India is far better in the present condition, when compared to the old one,

this is all because of the rapid globalization and the trade flow of goods and

services within the country in a more advanced way. The cost differentials

made a lot of reforms in the production of goods and services. For

example, the newer investments were made in the famous companies and

they were a very little scope for the investment in the newly founded

companies.
In India the rapid globalization gave rise to many metropolitan cities and

transform towns into cities as well as villages into towns. The cost

differential had a major impact in the trade flow of services across the

nation.

2.What is the role of technology in the development of trade

in goods and services?
The technological improvements promote lower prices and higher output.

Some of the technologies like artificial intelligence and blockchain have a

major impact on the future advancements in the trade sector. It is a key

factor which leads to growth and competition in the global market.

This will also affect the composition of trade in various ways like increasing

the services content, promoting trade in time sensitive products and many

more. The technology made the world changed that results in the flow of

trade in a much faster way.

Companies had a clear idea about the state of affairs throughout the world

with the availability of information. Its growth led to progresses in economic

growth which further increases capital production as well as labor

production.
This technology trade improves the efficiency of innovation as well as

reduce the total number of inventors simultaneously. It increases the

volume of trade in goods and also product variety in the global market.

3.What attracted long term investors such as pension funds

and insurance services into venturing to India as their
investment destination?
The capital flows had outbreak with big implications for macroeconomic

management and growth. The present global migration is not increasing

and new reforms were in demand to attract more long-term capital inflows

to invest in India’s human and physical infrastructure. This means equity

type of investments like the stocks and real estate.

Major part of the international business leaders remain confident in the

prospects of India's short- and long-term plans also the first time

investments. The technology skillsets in the rising young population and

abundant labor made India a sweet flower full of nectar for honeybees like

the market.

India had got a very charming and exclusive market for global start-ups in

varied sectors such as consumer technology and e-commerce. Although

the policy regime and robust business environment provided by Indian

government had kept the pace of capital flow.

The foreign investors are allowed to invest in the primary and secondary

capital markets through various schemes like portfolio investment scheme.

The services that are mainly provided to foreign investors like financial

services, factoring services and many more.

The stability in economic, legal and political sectors and also endowment is

some of the factors that attract short as well as long-term investments.

India was one of the top five economies for FDI. This kind of investments

were made in various fields of market, mutual funds, factoring, forfeiting

and many more. At last, the best investment tendency composed of higher

rewards at greater risk and also the capital potency.

4. What will the fourth industrial revolution cover as mentioned in the

article? Explain.

The global fourth industrial revolution is like the alarming of global

coordination and the interventions at the national level. The technological

process had facilitated both economic growth and resource management

simultaneously. Otherwise, this could be a difficult task for those with

delayed developments in the management of trade-offs among economic

growth and environmental degradation.

It is actually about the fusion of innovations or the advancements in the

sectors like artificial intelligence, robotics, genetic engineering and many

more. The value and the way of value the things can be changed in future.

The advancements lead to the creation of actual global village, expanding

the net of global economy. In detail, the advancements in biomedical

sciences can lead to healthier lives and increased life spans.

The advancements in automotive sector may result in reduction of road

facilities as well as the cost of insurances, carbon emissions and also

creates space for human centered localities and in the neuroscience

sector, this creates a simulated world.

The main objective of the fourth industrial revolution is that to accomplish

the growing power of the technology. This is also to eradicate the global

issue, continued erosion of trust and to enhance the technology in a global

level.

______THE END_____

NETINTI YAHNI REDDY

SEC 9A/B PSYCHOLOGY