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Q. Write about the assumptions of the theory of consumer behavior based on the cardinal utility approach. 1. Rationality- It is assumed that the consumer is a rational being in
derive the eqilibrium equation for the trade balance
what is ppp
Q. "The balance of payments accounts seldom balance in practice." Discuss. Answer: True the major reasons are due to the fact that data received or collected from different so
What are the two main base of foreign trade ?
Q. What is the national income identity for a closed economy? Answer: Y = C + I + G.
Q. It is probable that trade based on external scale economies can leave a country worse off than it could have been without trade. Illustrate how this could happen. Answer:
Explain the Global Firms and the Borderless Global Economy
the difference between offer curve analysis ,absolute and comparative advantage model
Porter Competitive Forces Model: Effectively dealing with the competitive forces that exist within its industry lead to a successful organization. The organization i
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