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Strategic groups
"Strategic groups are organizations within an industry with similar strategic characteristics, following similar strategies or competing on similar bases" (Johnson & Scholes, 2002). Any projects that are different in terms of characteristics such as:
2. If a country's growth is biased in favor of its import, this should unequivocally improve its terms of trade and its economic welfare. Discuss. Answer: Suppose the Japan
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Explain the Global Firms and the Borderless Global Economy
Revisions of Conventional Trade Theory
Q. It is impossible for economic growth in a small country to lower that country's economic welfare, regardless of the bias of the growth. Explain. Answer: This is a true st
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
Q. How did the European single currency evolve? Answer: The answer is related to the crumple of Bretton Woods and the European Currency reform of 1969-1978. The Werner
what are the different forms of opportunity cost theory
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
what is the free trade
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