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Dumping
In the international marketing, when an organization charges less for goods than it real cost or less than the organizations charges in its home market. This procedure is used to reduce a surplus or quickly gain market share in a new country or market, and it is mostly considered an unfair practice.
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How to solve questions of endowments?
heckscher - ohlin theory of trade
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use a graphical illustration to describe briefly what the influence of each of the following would be on the market supply of labour on an increase in immigration..
Explain consumer sovereignty and why it might not be that extensive in real life. Explanation of consumer sovereignty Use of S/D model to show how changes in consumption pat
State about the prices - Price level Prices are of great significance in macroeconomics as indeed they are in microeconomics. Though, in microeconomics we are more interested i
What is the difference between wages and salaries
Price Level:Overall average level of nominal prices in the economy can be calculated, most often as a weighted average of the prices of individualservices and goods (with weighting
Suppose that you can produce high-quality beef at $3 per pound and sell it for $8 per pound. Low-quality beef costs $1 to produce but only sells for $4 per pound. If quality is uno
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