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Question 1:
The main challenge facing governments in the 21st century revolves around containing and/or downsizing of public spending. Explain why reduced government intervention appears a necessary evil for higher levels of economic welfare in the long run.
Question 2:
Describe the different forms that foreign aid may take?Does foreign aid lead to economic growth? Discuss.
Question 3:
Clearly explain what is meant by the following: (i) Poverty line (ii) Absolute poverty (iii) Relative poverty (iv) Inequality
Question 4:
Capital formation is considered to be an essential ingredient of economic expansion and diversification. In Mauritius, policymakers have always placed health and education at the forefront of the local development content, mainly through universal access to free education and health.
According to you, how does a sound education or health policy impact on national welfare levels?
Q. Explain what a "vehicle currency" is. Why is the U.S. dollar considered a vehicle currency? Answer: A vehicle currency is one specifically widely used to denominate inter
Explain the effects of a permanent increase in the U.S. money supply in the short run and in the long run. Assume that the U.S. real national income is constant. A raise in th
The PESTEL is a strategic development technique that provides a helpful framework for analyzing the environmental pressures on an organization (Rogers, 1999). PESTEL framew
Role of foreign trade to the economic development?
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 so
How do countries gain under the increasing cost assumptions
Q. Describe and explain the relationship between expected inflation rates in two countries and their interest rate differential according to the PPP theory. Answer: Expected p
Q. How mobile is Europe's labor force? Answer: Differences in culture and language discourage labour movements between European countries. Differences in regional unempl
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
what are the alternative theories of international trade?
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