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Postwar trade theory
what is world trade
Revisions of Conventional Trade Theory
how is exchange rate determined?
Q. Why is it useful to make a distinction between debt and equity instruments? Answer: Debt instruments such as bank deposits and bonds are repaid regardless of econo
A good analysis in increasing cost theory with graphical analysis
Explain Theoretical and methodological aspects of international economic relations
Q. What is the national income identity for a closed economy? Answer: Y = C + I + G.
Q. International trade leads to complete equalization of factor prices. Discuss. Answer : This statement is usually "true...but". Under a limited and strict set of assumpti
Theories about the Problems of LICs are discussed below: In order to explain this big problem of poverty and of the asymmetric ownership of the wealth and income in the world,
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