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Do policies that work in one country always work in another?
Less developed countries are similar but diverse in terms of history, institutions, culture and governance and many more.
• There is no one policy that guarantees development
• The efficiency of a specified policy depends on the exact circumstances of country as like the IMF is criticised for a one-size suits-all approach to development policy impressive the similar market orientated rules onto all countries irrespective of local conditions.
How does sectoral change enhance development? The Lewis Model argues economic growth needs structural change into the economy whereby surplus labour into traditional agricultu
Explain how the economic theories applied in business economics
First-in First-out Method (FIFO) A technique of inventory valuation based on the concept that merchandise is sold in the order of its acknowledgment. In other words, if an elec
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How is Gross Domestic Product capturing the economic dimension of human well-being? GDP (Gross Domestic Product) only captures the economic dimension of human well-being. All c
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What is the Infant Industry argument? Several governments seek to protect involving industries by premature competition. Infant industries have potential comparative benefit b
Can anyone type me a paper on the book financial fiasco? I will provide with a link to the book.
Assume there are two teams in the league: Los Angeles and Sacramento. Because it is a much larger metropolitan area, the revenue generated at any given winning percentage is hi
Suppose you have ten individuals with values ( $1, $2, $3, $4, $5, $6, $7, $8, $9, $10) . Your marginal cost of production is $2.50. What is the profit maximizing price?
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