Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Q. There is frequently a conflict between short-term and long-term interests in trade. Discuss.
Answer: In trade models that the short term is usually defined as that (conceptual) period of time in which both the amount and the technology of factors of production are given and cannot be changed. When we state that free trade is able to be shown to be an optimal policy under certain circumstances, we signify that in the short run, this policy is able to bring a country to an optimum level of consumption.
Though, there is no irregularity in the proposition that the optimum short run solution may not be the solution, which maximizes the probability of economic expansion or growth (the long run). For instance, a policy which maximizes expenditure may not take into account inter-temporal preferences, and therefore may "short-change" future generations or those who care for future generations.
haberler`s theory of neoclassical theory of trade
Hello, I rent an appartment in Brazil, a country known for its high inflation rates, but I live in Switzerland. Does this mean when I exchange Reais to Swiss Francs (in a +- consta
Q. The Heckscher-Ohlin model is famous for being elegant and mathematically sophisticated, yet failing to define reality. One manifestation of this fact is Trefler's Case of Missi
what is ppp
Q. How much trade do currency unions create? Answer: The major result is that currency unions promote trade. One study originate that on average two countries that are
Q. Use the fixed exchange rate DD - AA model to describe the economy's short-run equilibrium. Then, use the same figure to study an expansionary monetary policy. Show that the pol
Question 1: (a) To what extent does the structural change model of Lewis adequately portrays the development phases in most developing countries? (b) Discuss the principal a
Explain the Partial Globalization of International Finance
Q. Explain how a rise in real income affects aggregate demand. Answer: An increase in domestic real income Y leads to a rise in disposable income Yd. This increases
What is Tugend''s stance toward the practice of multitasking? Point out specific phrases that reveal her attitud. How appropriate is her stance, given her subject matter?
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd