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What is the integration of RM in the international economic structures
What effect do non-tradable goods have on PPP? Answer: The consequence is quite substantial. In 1997 the production of non-tradable goods accounted for about 55% of U.S GNP.
Discuss about the Nature of Financial Crises
Q. Now, consider that the relative price of A is actually not higher than Albania's autarkic level of 1, but quite the opposite (e.g. PA/PB = 0.5). Could Albania still be able t
is the stolper samulson theorem is relevant in these days
I need to use the gravity model to analyse the effects of the euro on tradeflows. is this something u can do?
Q. Using a figure, show that under full employment, a temporary fiscal expansion would increase output (over-employment) but cannot increase output in the long run. Answer: A t
Suppose that industry 1 is monopolistically competitive, with a CES sub-utility function: U(c1,c2 ) = c1? + c?2 , 0 We let the marginal costs be denoted by c1(w,r), and the fixe
It is argued that a tarriff may help promote employment in a single industry, but is not likely to help employment in general
Can you brief this concept for me?
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