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Explain why Relative PPP is useful when comparing countries that base their price levels on different product baskets. Answer: For instance If the U.S price level increase by
Q. Explain how an increase in government spending would affect the DD-AA schedule in the short run. Answer: A raise in government spending will raise aggregate demand, which wi
what is meant by country specific advantage?
part of the return on the investment comes from the asset itself and part from the currency of the foreign currency. agree or disagree?
Q. If a scale economy is the dominant technological factor establishing or defining comparative advantage, then the underlying facts explaining why a particular country dominates
ndian harm sector export
how is exchange rate determined.
difference between classical and neo classical theory of international trade.
Q. Using the GG - LL framework, analyze the effect of an increase in the size and frequency of sudden shifts in the demand for a country's exports. Answer: Such a alter pus
how do I graph partial equilibrium analysis with transport costs
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