international trade, International Economics

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why is international trade important for south africa

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Trends in Internal Business, Since the 1990s there has been an increasing n...

Since the 1990s there has been an increasing number of Regional Trade Arrangements(RTA). According to WTO in 2012 the number of RTA increase 2 fold compared to the 90s to 497. Is r

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The Source of Comparative Advantage can be understood as follows: The source of comparative advantage could be productivity differential (Ricardo) or differences in the factor

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Alternative theories of international trade, what are the alternative theo...

what are the alternative theories of international trade?

Factor - proportions theory of international trade, Q. Why is it that Nort...

Q. Why is it that North-South trade in manufactures look to be consistent with the results or expectations generated by the factor-proportions theory of international trade, where

Opportunity cost, what is the criticism of opportunity cost

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Why heckscher-ohlin theory called factor-proportion theory, Q. Why is the ...

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

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