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What can explain the failure of relative PPP to hold in reality? Answer: Government procedures of the price level differ from country to country. One cause for these differe
The Arguments for Flexible Exchange Rates
Q. Present the case against floating exchange rates. Answer: 1.The discipline obligatory on individual countries by a fixed rate would be lost. 2. Undermine specu
the Trade and the Economy
critically examine the effects of tariffs on the level of employment and income distribution.
Question: Banks contribute to the economic development of a country. Banks have always been financing projects that help individuals and enterprises fulfill their plans. Howev
argument about fair distribution of income and gnp as a measurment of economic growth
Postwar trade theory
discuss the superiority of haberler''s theory of opportuinity cost over mill''s theory reciprocal demand?
who promotes globelization
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