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The World Trade Organization is a successor organization to the
A.United Nations.
B.World Bank.
C.International Court of Justice.
D. GATT.
Definition of Exchange rate The exchange rate is stated as the price of one unit of currency in terms of other currency. If one euro costs 1.5 USD then 1 USD costs 1/1.5 = 0.66
The price will change in the market, only due to the change in demand for the product. True or false
using a graph of the classical labour market illustrste the effects of real wage existing in the market lower than the equilibrium real wage
what is a limitation of nation income
The law requires that the parties be competent to enter into a contract. Give an example of a party who lacks competence.
Summary of the Phillips curves In neo-classical synthesis, augmented Phillips curve is known as the short-run Phillips curve. It is presumed to be stable as long as expectation
The study of the overall aspects and workings of a national economy is like as income, output, and the interrelationship between diverse economic sectors. It is the study of all as
explain the profit maximizing/loss minimizing rule may be applied under the 3 scenarios
Could you explain the "interest rate effect" in terms of the slope of a curve?
The benefits of capitalism are that the governments have limited control over other business, which lets business compete.
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