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Q. How mobile is Europe's labor force?
Answer: Differences in culture and language discourage labour movements between European countries. Differences in regional unemployment rates are lesser and less constant in the United States than are differences between national unemployment rates in the European Union. Even within European countries the labour mobility appears limited partly because of government regulations. For instance the requirement in some countries those workers establish residence prior to receiving unemployment benefits makes it harder for unemployed workers to seek jobs in regions that are far from their current homes.
Q. What is the national income identity for an open economy? Answer: Y = C + I + G + EX - IM.
Q. Why is the H.O. model called the factor-proportion theory? Answer: The H.O. model survey the limitations and the nature of presumptuous that the sole determinant of compar
Explain Ohlin theory of International trade
Q. Factor-intensity reversals define a situation in which the production of a product can be land-intensive in one country, and relatively labor intensive in another ( at given re
Q. Present the case for floating exchange rates. Answer: 1. Monetary policy autonomy Governments would able to use financial policy to reach internal and extern
Q. If scale economies were not only external to firms, but were also external to individual sites. That is, the larger the worldwide industry (regardless of where plants or firms
what is the publication of opportunity cost theory?
Q. Suppose Australia, a land (K)-abundant country and Sri-Lanka, a labor(L)- abundant country both produce labor and land intensive goods with the similar technology. Following t
An International Regime for FDI and MNCs
what is the diffrent between inter-industry trade and intra industry
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