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the difference between offer curve analysis ,absolute and comparative advantage model
Explain about constant,increasing and decreasing opportunity cost
what does the law of reciprocal states about and how does it differ from the theories of smith and ricardo
Q. Analyze the effects of an increase in the European money supply on the dollar/euro exchange rate. Answer: The major points are: A raise in the European money supply will re
opportunity cost version is an improvement over the classical theory of international trade?comment
Q. What are the three types of gains from international transactions between the residents of different countries? Answer: 1. Gains due to comparative benefit and ec
Q. "Given that labor remains relatively immobile within Europe, the European Union's success in liberalizing its capital flows may have worked perversely to worsen the economic sta
Q. "Fixed exchange rates are not even an option for most countries." Discuss. Answer: Durable fixed exchange rate arrangements may possibly not even be possible unless c
It is argued that a tarriff may help promote employment in a single industry, but is not likely to help employment in general
Q. Explain the purpose of the following figure. Show the effects of German unification on Germany's interest rate. Answer: The major purpose is to show that different i
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