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How is a country’s economic well-being enhanced through free international trade in goods and services?As per to David Ricardo, with free international trade, it is mutually advantageous for two countries to every specialize in the production of the goods that it can generate relatively most effectively and after that trade those goods. By doing this, the two countries can raise their combined production, which permits both countries to consume more of both goods. This argument stays valid even if a country can generate both goods more effectively than the other country. International trade is not a ‘zero-sum’ game where one country benefits at the expense of other country. In place of, international trade could be an ‘increasing-sum’ game at which all players become winners.
Q. Explain the concept of working capital. Distinguish between variable and permanent working capital. What is the significance of such distinction in financing working capital req
What are the benefits of investing via international mutual funds? Answer: The benefits of investing via international mutual funds consist of: (a) Save transaction or info
What are the Reasons why organisations grow Required to provide higher financial returns to investors e.g. increases the wealth of shareholders Possible to achieve econ
The securing of the working capital needed for the support of raises in accounts receivable and inventory related with an organizations initial expansion time.
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