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1.concepts of terms of trade,factors affecting terms of trade. 2.gross & net barter terms of trade. 3.terms of trade & economic development
Special and Differential treatment
Q. Describe and explain the relationship between expected inflation rates in two countries and their interest rate differential according to the PPP theory. Answer: Expected p
Explain the Partial Globalization of International Finance
Q.. "A good cannot be both land- and labor-intensive." Discuss. Answer: In a two good or two factor models for instance the original Heckscher-Ohlin framework and the factor
Q. Explain Purchasing Power Parity. Answer: PPP () states that the exchange rate between two countries' currencies equals the ratio of the countries' price levels.
M. Porter competitive advantage theory
discuss the central economic problem facing this group of survivors.
How is the foreign exchange rate determined?
in a mixed economy, the government tries to help meet the needs of the public on a limited basis
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