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Q. Why is it that North-South trade in manufactures look to be consistent with the results or expectations generated by the factor-proportions theory of international trade, where
Q. Explain the difference between the following two expressions: Y = C(Y d ) + I + G + CA(EP*/P, Y d ) and Y = C + I +G + CA Answer: The first expression corresponds to a
International monetary system
explain the basis for international trade
distinguish between net terms of trade and gross terms of trade
It is argued that a tarriff may help promote employment in a single industry, but is not likely to help employment in general
how trade lowers the costs of making computer peripherals such as mice and keyboards
Adjustment in international monetary system
Q. What is a country risk index? Explain the categories classified by business environment risk information The country risk index tries to incorporate the economic , geographi
Q. Why did the EU countries move away from the EMS toward the goal of a single shared currency? Answer: 1. To produce a superior degree of European market integratio
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