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illustrate the circular flow of income of an open economy and explain the effects of various injections and withdrawal in the circular flow?
what are the limitation of comparative advantage?
Q. Economic theory in general and trade theory in particular are replete with equivalencies. For illustration, it is argued that for any specific tariff one can search an equival
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Explain the Financial Revolution and Monetary Affairs
why is international trade important for south africa
Q. It has been argued that economic dualism that typifies relatively less developed or poor countries, is a barrier to participation in the global village, and lessens the chances
Q. In Foreign and Home there are two factors of production, land and labor, used to produce only one good. The land supply in each country and the technology of production are ex
under fleible exchange rate regime what are the consenquences of current account deficit and surplus
Q. The Specific Factors model clearly illustrates how the expansion of trade can have significant distributional effects on the relative incomes of different factors of productio
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