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Q. Illustrate why when Norway unilaterally fixes its exchange rate against the euro but leaves the krone free to float against the non-euro currencies, it is unable to keep at leas
Importance of International Trades : The basis of international trade is to be found in the diversity of economic resources in different countries. All countries have not been end
review the general equilibrium conditions under autarky and given free trade using the opportunity cost theory of trade
Q. Explain what a "vehicle currency" is. Why is the U.S. dollar considered a vehicle currency? Answer: A vehicle currency is one specifically widely used to denominate inter
why is international trade important for south africa
what is the nature of the proximity-concentration that firms have to deal with then making decision regarding foreign direct investment?
how is exchange rate determined.
what are the basis of international business.
Q. What is the interest parity condition? Answer: The circumstance that the expected returns on deposits of any two currencies are equal when measured in the same currency is
Q.. "A good cannot be both land- and labor-intensive." Discuss. Answer: In a two good or two factor models for instance the original Heckscher-Ohlin framework and the factor
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