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Q. What explains the nearly universal scope of the Great Depression?
Answer: The international gold typical played a central role in starting deepening and spreading the Great Depression.
Q. What is a convertible currency?
Answer: A convertible currency is a currency that may be freely exchanged for foreign currencies.
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Q. In 1986, the price of oil on world markets dropped sharply. Since the United States is an oil-importing country, this was widely regarded as good for the U.S. economy. Yet in
Q. The Heckscher-Ohlin model is famous for being elegant and mathematically sophisticated, yet failing to define reality. One manifestation of this fact is Trefler's Case of Missi
what are the different forms of opportunity cost theory
Q. The Metzler Paradox is a special case of the optimum tariff idea. Discuss this assertion. Could the optimum tariff tend to be a high one or a low one in the case where this p
Countries are indulged in trade because there are mutual gains from trade. But then, what are these gains which they obtain, and how are these realized? Comparative advantage theor
explain the source of foreign capital
Q. Discuss the different types of Letters of credit? Types: i. Revocable Letter of credit ii. Irrevocable Letter of credit iii. Deferred payment Letter of credit iv. Confirmed
what is the diffrent between inter-industry trade and intra industry
conditions for trade unions to claim for higher wages
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