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Direction of Trade:
It is indicative of the structure and level of economic development. As a country develops and its trade gets diversified, it has to seek new outlets for its exports. Its horizon of choice in terms of imports also gets widened. The country begins to trade with an increasingly large number of countries. In this regard, one could ask whether there has been a concentration or dispersion of the markets for exports and sources of supply for imports. It is in terms of these components that we have to study the trends in India's foreign trade during the course of economic planning.
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output and price determination under oligopoly market structure
what is outputgap?
Consider an infinitely repeated prisoner's dilemma game by two players. The resultant payoffs at each stage by the actions of two players are given below in the table (payoffs are
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list all the type of cost
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#question.PROPERTIES OF INDIFFERENCE CURVES WITH TABLE AND DIAGRAM.
National income: The national income or product or expenditure provides a measure of total value at factor cost of final goods and services, which are available either fo
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