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Q. Suppose both governments offer their respective company a $10 million subsidy.
Answer: Mutually companies would enter the market as each one knows that regardless of the other's decision it will make some profit here.
The Arguments for Flexible Exchange Rates
Q. Explain why the dollar of the United States became the postwar world's key currency. Answer: 1. The untimely convertibility of the U.S dollar in 1945. 2.
Describe and explain the relationship between expected inflation rates in two countries and their interest rate differential according to the PPP theory. Answer: Expected pric
review the general equilibrium conditions under autarky and given free trade using the opportunity cost theory of trade
what are the different types of tariffs?
een subject to a discrimination complaint as a result of their recent recruitment campaign- They told the recruitment agency that they were looking for ‘young women with flair'' to
1. Explain Pierre Bourdieu's concepts of field, habitus, doxa, and symbolic violence. How do these concepts clarify the continued dominance of neoclassical analysis in mainstream e
what is opportunity cost
Why Adam Smith theory cannot be applicable?
What are disadvantages the classical theory of international trade
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