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how does the buying and selling of stock fit the model for perfect competition
Q. Discuss the main factors affecting the position of the AA schedule. Answer: Revolutionize in the domestic money supply changes in the domestic price level changes in
Q. Suppose the relative price of good 1 falls relative to the price of. What happens to the wage rate? Answer: The labour component of the price of 1 is bigger than that of p
1. International trade: (a) Explain the concept of comparative advantage between two countries (use a numerical example to illustrate, and do not use the identical example in th
argument about fair distribution of income and gnp as a measurment of economic growth
Explain the Global Firms and the Borderless Global Economy
Q. Using the diagram, show what happens to the composition of production (that is quantity of cloth per 1 unit of food) in Australia once trade is established between the two coun
give notes on the alternative theories to trade
who promotes globalization
why do nations impose trade barriers
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