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Q. "The balance of payments accounts seldom balance in practice." Discuss.
Answer: True the major reasons are due to the fact that data received or collected from different sources may possibly differ in accuracy, coverage, and timing. In addition data on services aren't as dependable as data from the financial account. Furthermore accurate measurements of international interest and dividend receipts are particularly difficult.
what is the criticism of opportunity cost
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What are the reasons behind the growing importance of services in trade ?
Q. Countries do not in fact export the goods the H.O. theory predicts. Discuss. Answer: This statement isn't true that though one may find several cases where it seems to be
Q. Explain why the dollar of the United States became the postwar world's key currency. Answer: 1. The untimely convertibility of the U.S dollar in 1945. 2.
what are the limitations of net barter terms of trade
Q. How much trade do currency unions create? Answer: The major result is that currency unions promote trade. One study originate that on average two countries that are
• What is the motive for expanding into foreign markets, and more specifically why the chosen county. • Analysis of at least three alternative international expansion strategies
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opportunity cost version is an improvement over the classical theory of international trade?comment
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