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Q. In autarky, Country P was producing at point 5. With trade, could its production point be found above or below point 5? Explain why. What must happen in the K/L intensity ratio
Q. Why is the H.O. model called the factor-proportion theory? Answer: The H.O. model survey the limitations and the nature of presumptuous that the sole determinant of compar
oppotunity cost theory of international trade.Explanation of the theory
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Road,railway,air and shlping transportation
Explain Theoretical and methodological aspects of international economic relations
why is international trade important for south africa
Q. How did the international monetary system influence macroeconomic policy-making and performance during the post-World War II years during which exchange rates were fixed under t
what is this?.
Concept of human capital
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