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What are the assumptions of dependency theory? The assumptions of dependency theory: Dependency theory extends Marx is theory of surplus value to international relationship
How does economic system influence the development process? The development experience of free market or capitalist and command as socialist/communist countries is extremely d
What is Frugal Economy
Question 1: The triple concepts- globalisation, good governance and democracy- have largely dominated international discourse since a long time. (a) Briefly explain the ter
The word double-dip is a negative -situation .This scenario has economically shall move back and switch in to a deeper and longer worse situation. A double dip recession states to
Are international capital flows a problem? Problem: Capital flows can have an adverse outcome onto: a. Balance of payments (BoP): Shortly term capital inflows can be like:
Calculate Average Total Cost A perfectly Competitive firm is operating at a profit-maximizing level of output, q*. This output level is 500 units. At this output level, the
B. Complete the following table
The amount of a good or service that a consumer is willing and able to buy at each particular price
What is structural change? Structural change: Structural change arises while the associate share of GDP and employment accounted for through the primary, secondary and te
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