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Explain about International economic integration. EU
what is the criticism of opportunity cost
Q. "Trade liberalization could precede capital account liberalization." Discuss. Answer: It is probably true. The issue is associated to the theory of second best and
Q. What is the theory of Second Best? Answer: The principal of the second best notify us that when an economy suffers from multiple distortions the removal of only a few
Detail about offer Curves
offer curves, terms of trade and terms of trade as a measure of gain
Q. Explain why even owners of capital that cannot be moved can avoid more of the economic stability loss due to fixed exchange rates when Norway's economy is open to capital flows
draw diagram of price leadership model
ABOUT THIS THEORY
Explain the classical theory of employment with relaxed assumption?
Assume the United States exports 1000 computers at a price of $3000 each and imports 15 UK autos at a price of 10000 pounds each. Assume that the dollar/pound exchange rate is $2 p
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