CSA, International Economics

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what is meant by country specific advantage?

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Why the exchange rate model based on ppp is long-run theory, Explain why th...

Explain why the exchange rate model based on PPP is a long-run theory. Answer:  PPP theory is a financial approach to the exchange rate.  It is a long-run theory for the reason

Trade theory, what you do understand by the term effective rate of protecti...

what you do understand by the term effective rate of protection

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Q. "The line distinguishing between external and internal goals can be fuzzy."  Discuss. Answer: True For instance employment target for export industries when export growth m

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Q. What are the main functions of money? Answer: Money serves generally three important functions that are a unit of account, a medium of exchange and a store of value.

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Q. What are the main lessons economists learned from the developing country crisis? Answer: 1. select the right exchange rate regime. 2. The central significance of

Balance of payments is always balanced, Q. "The balance of payments is alwa...

Q. "The balance of payments is always balanced." Discuss. Answer: True each international transaction automatically enters the balance of payments twice once as a debit and o

Values of private saving in closed and open economies, Q. Discuss the value...

Q. Discuss the values of private saving in closed and open economies. Answer: In the closed economy private saving Sp is equal to I + (G - T) and in an open economy private sav

External economic environment, The hospital, as an open system, affects and...

The hospital, as an open system, affects and is affected by the surrounding environment; it is incumbent on staff to monitor and continuously track the variables contained in order

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