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Q. While selling exports it could also maximize its domestic sales by equating its marginal (opportunity) cost to its marginal revenue of $5. How much steel could the firm sell domestically, and at what price?
Answer: 4 million tons at $10/ton. 1
Q. Presumably, since the United States is a large country in many of its international markets, a positive optimum tariff exists for this country. It follows thus that when any l
I need to use the gravity model to analyse the effects of the euro on tradeflows. is this something u can do?
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What constitutes the basis for trade? What are the gains from trade in terms of production and consumption? Use theories and examples from a country of your choice.
Concept of human capital
Adjustment in international monetary system
what is world trade
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