What are the restrictions of dependency theory, Business Economics

Assignment Help:

What are the restrictions of dependency theory?

The restrictions of dependency theory:

• Self sufficiency and import-substitution strategy mean the advantages of International trade are lost and welfare decreased;

• Arrangement leads to government failure;

• Lack of competition leads to decreased consumer choice and market failure.


Related Discussions:- What are the restrictions of dependency theory

Calculate present discounted value of the annual cash flow, (present value)...

(present value) Suppose an entrepreneur considers to invest in a project. It needs a cash investment $I at year t = 0. If she/he invests, the project will generate an annual cash

Exception to law of demand, case study on diamond price and petrol price fo...

case study on diamond price and petrol price for exxception to the law of demand

Explanation of privatisation, Problem 1 Discuss Privatisation in USA wi...

Problem 1 Discuss Privatisation in USA with some examples. Explanation of privatisation Advantages Disadvantages Problem 2 Discuss the basic differe

How a budget deficit of the government can cause inflation, QUESTION (a...

QUESTION (a) Use graphical methods to distinguish between cost push and demand pull inflation. (b) Explain how a budget deficit of the government can cause inflation. (c)

What are the objectives and instruments of monetary policy, QUESTION 1 ...

QUESTION 1 (a) What are the objectives and instruments of monetary policy? (b) "With financial liberalisation, there is a need to shift from direct instruments to indirect m

Why are penalty clauses in monetary compensation, Subcontracts frequently i...

Subcontracts frequently include penalty clauses to provide the main contractor defence into the case of the supplier’s poor performance. Why are penalty clauses not the complete an

Is there an optimum population size for a country, Is there an optimum popu...

Is there an optimum population size for a country? Optimum (best) population arises while productivity that is output per person is highest. • An under-populated country ca

Increasing number of organisations for is development, Why do you assume th...

Why do you assume there are an increasing number of organisations related along with the development of quality practices for IS development? Information systems frequently rep

Eat at the hotel restaurant, Suppose that a company knows that on average, ...

Suppose that a company knows that on average, 30% of guests at a hotel will eat at the hotel restaurant. What is the probability that on a given night that at least 33% of the 160

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd