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Explain the classical theory of employment with relaxed assumption?
haberler''s opportunity cost theory
what do you understand by (reciprocal demand)offer curve
Q. What factors lie behind capital inflows to the developing world? Answer: Several developing countries have received a lot of capital inflows that lead them to an
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oppotunity cost theory of international trade.Explanation of the theory
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What is the role of foreign trade in an economic development of a country
Q. It is argued that import substitution is a misguided trade policy if the intent is to show long-term economic growth. Illustrate the reasons underlying this argument. Answe
1.concepts of terms of trade,factors affecting terms of trade. 2.gross & net barter terms of trade. 3.terms of trade & economic development
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