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tion..What is the range of gross barter terms of trade ?
Q. In Foreign and Home there are two factors of production, land and labor, used to produce only one good. The land supply in each country and the technology of production are ex
how is exchange rate determined?
Q. What are the main points of economic life that macroeconomics analysis is most concerned with? Answer: There are four major aspects that are saving, unemployment, trade imb
Q. How A Central Bank Fixes the Exchange Rate? Answer: The Central bank should always be willing to trade currencies at the fixed exchange rate with the private actors in the f
Q. What are the main lessons economists learned from the developing country crisis? Answer: 1. select the right exchange rate regime. 2. The central significance of
Explanation with critical appraisal
what is this all about
#question.what is the baises for international trade.
Q. What is the national income identity for an open economy? Answer: Y = C + I + G + EX - IM.
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