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Q. Define countertrade. Discuss the different forms of countertrade?
Counter trade means all types of foreign trade in which the sale of goods to another country is associated with parallel purchase of some other goods from that country The different forms of counter are : Barter Buy back counter purchase.
what is meant by country specific advantage?
The IMC strives to understanding patients' needs before understanding the markets. When patients arrive at IMC, they become part of a long tradition of distinguished health care. T
Q. Explain why the EMS countries decided to fix their exchange rates against the German DM? Answer: In this manner the other EMS countries in effect imported the credi
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.
Q. What prompted the EU countries to seek closer coordination of monetary policies and greater exchange rate stability in the late 1960s? Answer: 1. To improve Europe's role
Application of defferential calculus in economics
Explain Ohlin theory of International trade
How is the foreign exchange rate determined?
Countries are indulged in trade because there are mutual gains from trade. But then, what are these gains which they obtain, and how are these realized? Comparative advantage theor
Q. Why is it that North-South trade in manufactures look to be consistent with the results or expectations generated by the factor-proportions theory of international trade, where
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