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What are economic systems?
An economic system is the system of organisations utilized by a society to solve the economic difficulty of what how and for whom to make. There are four types of economic system.
a. Traditional economy
b. Free market economy
c. Planned or command economy and
d. Mixed economy
definition, advantages and disadvantages of privatisation?
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Consider the following information in the international money markets: Spot rate : $0.95:€ Forward rate (one year) :
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How does economic theory contributes to managerial decisions?
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