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Q. Explain why it may make sense for the United States, Japan, and Europe to allow their mutual exchange rate to float?
Answer: Even though these regions trade amid each other the extent of that trade is modest compared with regional GNPs as well as interregional labour mobility is low.
Q. What are the factors affecting the demand for foreign currency? Answer: Three factors that affect the demand for foreign currency are risk, expected return, and liquidity.
critically examine the effects of tariffs on the level of employment and income distribution.
what is opportunity cost
Opportunity cost theory
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Ask qu. What are the various forms of economic integration? estion #Minimum 100 words accepted#
what is leontiff paradox.
1. Explain why many Asian countries set up Export Processing Zones and why China set up Special Economic Zones. What are the similarities and differences between EPZs and SEZs?
Q. What is the national income identity for a closed economy? Answer: Y = C + I + G.
what are the limitations of net barter terms of trade
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