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Conduct of international trade

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Reference no: EM133186442

Question 1. How has the Russis-led war over Ukraine affected the conduct of international trade? Cite three scenarios and discuss each in not more than 5 short sentences.

Question 2. Express your thoughts on the meaning of "war" in the context of international trade.

Question 3. Originally, the US Dollar used to be called as the international exchange unit of business. Today, such may not stand true anymore. Can you justify why the Chinese Yuan is fast emerging as the world's currency in terms of Russia's war trade on oil and other essential gas products?

Question 4. Connect the role of war between Russia and Ukraine in creating absolute or comparative advantages over countries trading internationally.

Reference no: EM133186442

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