international trade, International Economics

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why is international trade important for south africa

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Criticism against hechscher-ohlin type trade theories, Criticism against He...

Criticism against Hechscher-Ohlin type trade theories is explained below: The foremost criticism leveled against Hechscher-Ohlin type trade theories are that they views compara

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illustrate the circular flow of income of an open economy and explain the effects of various injections and withdrawal in the circular flow?

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Q. Consider how the United States' balance of payments accounts are affected when U.S. banks give two billion in debt owed to them by the government of Argentina. Answer: In

Fixed-exchange rate area, Q. "The costs and benefits for a country from jo...

Q. "The costs and benefits for a country from joining a fixed-exchange rate area such as the EMS depend on how well-integrated its economy is with those of its potential partners.

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