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Can less developed countries economies grow by developing services as tourism?
Less developed countries economies grow by developing services as tourism when:
The less developed countries have a comparative advantage within the service industry chosen for example Ghana has an inexpensive and well-educated workforce and procedures claims, for a US insurance company into the USA through satellite.
What are the reasons for globalisation? Globalisation is the result of: • Enhancements in communications and transport, • Elimination of trade limits and exchange contro
limitations of pareto-optimal conditions as a measurement of welfare
Identify the features of informal sector in African countries
What is dual economy and development in an economy? Development in an economy: Differentiated or uneven development arises while the benefits of growth are not shared ev
what are the factors that affect the volume of production in economy
Advanced Technology, Inc., (ATI) is evaluating a contract proposal calling for it to build and test bearings using a newly patented surface configuration. ATI would receive $1.4 mi
Assume that there are two types of consumers (in equal numbers). They have the following two inverse demand functions (coming from zero-income effect demand functions): Type A : p
What is the function of World Trade Organisation in the promotion of development? The World Trade Organization (WTO) is international association dealing along with the global
Define three methods than could be utilized to exercise quality control and describe the advantages and disadvantages of all. Methods comprise: • Self-checking: Rapid, ch
what are the resources of economics development
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