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Question 1:
(a) Clearly distinguish between the theories of Absolute and Comparative advantage of trade.
(b) According to you, can the ‘Factor Endowment Theory' be a reasonable explanation of the pattern of world trade nowadays?
Question 2:
(a) Explain, with the use of diagrams, the difference between a tariff and a quota.
(b) Over the recent years, subsidies and domestic support in agricultural trade has become a significant issue in international trade negotiations. Discuss how subsidies in agricultural trade is trade distorting.
Define the using influences of contract staff for IS project. Use of contract staff: Such are frequently an unknown quantity. It is reasonable to assume that people who
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FOUR CAUSES OF SLOW OF SOUTH AFRICA ECONOMY
describe production function for computers
Mercier Corporation's stock is selling for $95. It has just paid a dividend of $5 s share. The expected growth rate in dividends is 8 percent. a. What is the needed rate of retu
Are the terms of trade (ToT) a problem? Problem : The terms of trade (ToT) of a country fall when its import prices rise quicker than the price of its exports. Less Developed
In AS/AD model monetary polices is seen to working primly through its effect on interest rate. There are some example to understand to interest policy impact on exchange rate an
(a) Name three types of government interventions and 3 economic factors affecting the business environment and with given example explain how these affect the business environment.
relationship between tfc , tvc , tc
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