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What are the disadvantages of informal economy? Disadvantages of the informal sector are as illustrated below: • don’t pay direct taxes; • Can produce important pollutio
compute the opportunity cost
Types of Transaction on the Capital Account are stated below: It is useful to recall the basic types of transactions recorded on the capital account: foreign portfolio investme
critically evaluate the two main utility theories
What is suitable technology? Technology is suitable when this employs methods which make the best use of accessible resources that is labour-intensive, straightforward techniqu
International Labor Mobility
Why not cancel all third world debt? Two arguments are advanced in opposition to debt cancellation. • Developed countries finance the World Bank which can use its funds to
why does the quantity of salt demanded tend to be unresponsive to change in its price?
What is the current economic status of abaca farming?
The Basic assumption which underlay the government of international economy has been that the economies of the world would converge around a capitalist model. The details of such a
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