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Question:
The Mauritian experience of growth and development has been referred as an economic miracle. The island had successfully shifted from an agrarian economy to an industrialised and service based economy
(a) Clearly explain the factors that have led to the Mauritian Miracle.
(b) Distinguish between economic growth and economic development.
(c) Explain the characteristics of developing countries.
Q. What is the purpose of the following figure? Answer: The use of the figure is to show the inflation convergence within the six original EMS members. The f
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Role of foreign trade to the economic development?
Postwar trade theory
What are the two main base of foreign trade ?
(a) Consider there are two countries (country 1 and country 2) with two goods (X and Y). Further, under the assumptions of the Ricardian model, country 1 specialise in goods X. De
Q. Explain why the distinction between debt and equity finance is useful in analyzing the response of developing countries to unforeseen events such as recession or terms of trade
the New Trade Agenda
what are the limitations of the net barter terms of trade?
Financial analysis : To deeply understand the Lenovo's performance for recent years, we get more details on its financial figures (1) compare with the industry averages (2). The fo
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