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Question: (a) Illustrate the differences between inter and intra industry trade. (b) Foreign Investors generally tend to adopt a two-stage process when evaluating count
economic theories to explain free traden..
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
Explain about International economic integration. EU
Q. Discuss the values of private saving in closed and open economies. Answer: In the closed economy private saving Sp is equal to I + (G - T) and in an open economy private sav
New threats to an open trading system
Q. Why do you suppose that South-South trade does not conform in volume, but does conform in pattern with expectations prepared by the Heckscher-Ohlin model? Answer: The patt
Road,railway,air and shlping transportation
illustrate the circular flow of income of an open economy and explain the effects of various injections and withdrawal in the circular flow?
Explain the law of demand. Briefly discussed the exception to the law of demand
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