international trade, International Economics

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why is international trade important for south africa

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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

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Q. "No country is abundant in everything." Discuss. Answer: the idea of relative (country) factor abundance is (like factor intensities) a relative concept. When we recogniz

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How do countries gain under the increasing cost assumptions

What if the taste bias favored the imported good, Q. One of the usually us...

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