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what is the free trade
explain -haberler theorem
offer curves, terms of trade and terms of trade as a measure of gain
Explanation of haberler opportunity cost with diagrams
Q. How did countries use their policy tools to regain internal and external balance after the first oil shock of 1973? Answer: Seeing that the recession deepened over 1974 an
If one were to use the simple monetary model to predict the $/Euro exchange rate (L is constant), what would the expected exchange rate be?
Q. In Foreign and Home there are two factors of production, land and labor, used to produce only one good. The land supply in each country and the technology of production are ex
what is meant by country specific advantage?
Q. Factor-intensity reversals define a situation in which the production of a product can be land-intensive in one country, and relatively labor intensive in another ( at given re
Road,railway,air and shlping transportation
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