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Q. The U.S. is most probably the most open international market among the industrialized countries. What then does the U.S. have to took by joining the WTO?
Answer: There are two responses first the U.S. exporters' rise to gain profitable markets if foreign protectionism in areas of U.S. comparative benefit example soy is separated due to WTO efforts. The second is that the WTO proposes the U.S. government administration a counterweight to sectoral and regional interests demanding protection. It is forever politically easier to bring about more resourceful resource allocations of the complaints of the losers may be deflected by the presence of a binding treaty with an international organization "out hands are tied".
Q. "Even under flexible exchange rate regime, governments should not be indifferent to the behavior of inevitably and exchange rates surrendered some of their policy autonomy in o
conditions for trade unions to claim for higher wages
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
Question : (a) What are the rationales for interest and currency swaps? (b) Suppose a Swiss firm, SandyCom Ltd, wants to invest in the U.S. The Swiss firm needs US dollars
alternative explanations to the theory of international trade.
Question 1: The main challenge facing governments in the 21st century revolves around containing and/or downsizing of public spending. Explain why reduced government interventi
Q. Explain why the distinction between debt and equity finance is useful in analyzing the response of developing countries to unforeseen events such as recession or terms of trade
Since the 1990s there has been an increasing number of Regional Trade Arrangements(RTA). According to WTO in 2012 the number of RTA increase 2 fold compared to the 90s to 497. Is r
distinguish between net terms of trade and gross terms of trade
1. International trade: (a) Explain the concept of comparative advantage between two countries (use a numerical example to illustrate, and do not use the identical example in th
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