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Building up a Stable and Viable Export Production Base:
It is necessary to make a deliberate production plan and to earmark a part of production for export even if there is a pressure of domestic demand on export supplies. In this connection, D.V. Kapur Committee suggested: (i) inducing domestic producers through more incentives to export, (ii) building in an advantage in attaining economies of scale, and (iii) further liberalisation of the licensing policies aimed at injecting intense competiton. As to the infrastructure, we can distinguish between national infrastructure and international infrastructure. The former refers to all the 'facilities' that are available within the country and the latter to the network of facilities outside the borders of the country. Both these categories of infrastructure include the following: (a) institutional framework providing export services, advice on import management, etc., (b) network of information collection, dissemination, publicity, image-building, etc., (c) transport and communication services; (d) banking services; (e) system of trading houses, clearing agents, etc., (f) research, analysis of market potential and its behaviour, new techniques of export/import strategies, training of managerial personnel and export/import decision-making and management, etc.
an emission fee levied against polluting firms will tend to shift the supply/demand curve of the firm/product to the left/right?
Micro economics is the study of individual unit of an economy
what is le''chatliers principle?
Island Economy: Consider an economy as a sea with islands of local markets. Each household produces goods and sells them on one and only one of the arrays of these markets. Go
Two firms produce a pollutant called Q. The total costs of reducing emissions of Q are as follows for Firm 1 and Firm 2, respectively: TC1=10+100Q12 TC2=20 + 50Q22. This means tha
Change in the price of a related good: Goods relate to each other in two ways. Goods are either complements or substitutes. Complementary goods are goods with joint demand. The
u=2x^2+3y^2 hence income=310 birr and price=3 birr calculate quntity of x and y the optimize&minmize utilityfor the given income
What is Diverstification?
Adding the economic activities of government to the circular flow model shows that: 1. Government spending creates inflation 2. Government purchases of goods and services,
use a graphical illustration to describe briefly what the influence of each of the following be on the market supply of labour,(a) an increase in immigrants, (b) a reduction in wag
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