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Disadvantages of State Trading
State trading has several disadvantages.
(i) State trading is often afflicted by the corruption and inefficiency usually associated with the public sector.
(ii) It is alleged that state trading promotes bilateral trade as against multilateral trade and obstructs free trade.
(iii) State trading eliminates or reduces competition and entrepreneurship.
economic analysis of demand on retailer in ustralia
Structuralist Economics:Its a form of heterodox economicsthat emphasizes relationships betweenincome distribution, effective demand and political and economic power. Structures:
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Market-Friendly Reforms: One main shortcoming of present development cooperation is that recipients of development cooperation is that recipients of development finance are d
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Revise business plans to incorporate appropriate changes.
Question 1: Compare and contrast between perfect competition and monopoly. Which of the two types of market structures is efficient? Question 2: Prepare a short notes
What is Hicksian demand function? Hicksian Demand Function: The solution of expenditure function that is the function of (p, u) is denoted by h(p, u) and termed as the Hicks
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