international trade, International Economics

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why is international trade important for south africa

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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

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Q. Explain the phenomenon of capital flight. Answer: The reserve defeat accompanying a devaluation scare is habitually labeled capital flight for the reason that the assoc

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Q. Explain Purchasing Power Parity. Answer: PPP () states that the exchange rate between two countries' currencies equals the ratio of the countries' price levels.

International trade, What does the factor proportions theory posits

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Q. Discuss the effects of the reunification of eastern and western Germany in 1990 on both Germany and its neighboring European countries. Answer: Germany rumbles high interest

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Q. What is the national income identity for a closed economy? Answer: Y = C + I + G.

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