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Explain Theoretical and methodological aspects of international economic relations
Countries are indulged in trade because there are mutual gains from trade. But then, what are these gains which they obtain, and how are these realized? Comparative advantage theor
Critical evaluation of Adam Smith''s Theory. Outline of its purest form. What is its critism?
Q. Present and explain the Fundamental Equation of the Monetary Approach. Answer: Suppose E$/E = PUS/PE and that domestic price levels depend on domestic money demand
Q. Explain why, according to Feldstein and Horioka, one should expect that domestic investment rates diverge widely from saving rates. Answer: The decisions of corporations t
describe cartel and commodity agreement
what are the limitations of the net barter terms of trade?
What are the predictions for the long run of the Monetary Approach? Answer: Money supplies- Known the equations
the difference between offer curve analysis ,absolute and comparative advantage model
curve
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