foreign trade, International Economics

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Role of foreign trade to the economic development?

Related Discussions:- foreign trade

Income distribution effects of trade, Q. "The H.O. model remains useful as...

Q. "The H.O. model remains useful as a way to predict the income distribution effects of trade." Discus s. Answer: The Stolper-Samuelson theorem, one of the basic theorems ari

Why the exchange rate model based on ppp is long-run theory, Explain why th...

Explain why the exchange rate model based on PPP is a long-run theory. Answer:  PPP theory is a financial approach to the exchange rate.  It is a long-run theory for the reason

International trade, What does the factor proportions theory posits

What does the factor proportions theory posits

What is the national income identity for a closed economy, Q. What is the ...

Q. What is the national income identity for a closed economy? Answer: Y = C + I + G.

Complete equalization of factor prices, Q. International trade leads to co...

Q. International trade leads to complete equalization of factor prices. Discuss. Answer : This statement is usually "true...but". Under a limited and strict set of assumpti

How the timing of a balance of payment crisis is determined, Q. Explain how...

Q. Explain how the timing of a balance of payment crisis is determined.  Be careful to state all assumptions.   Answer:  The assumptions of the model are: Prices are el

#Tariff quota, Ask question #Effects of Tariff quota#

Ask question #Effects of Tariff quota#

Relative factor abundance, Q. "No country is abundant in everything." Disc...

Q. "No country is abundant in everything." Discuss. Answer: the idea of relative (country) factor abundance is (like factor intensities) a relative concept. When we recogniz

Gross barter terms of trade, tion..What is the range of gross barter terms ...

tion..What is the range of gross barter terms of trade ?

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