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offer curves, terms of trade and terms of trade as a measure of gain
Explain about constant,increasing and decreasing opportunity cost
Q. What will be the effects of an increase in the money supply on the interest rate? Answer: An enhance in the money supply will origins the interest rate to decrease. This m
oppotunity cost theory of international trade.Explanation of the theory
Q. The 1980s are considered as the "lost decade" of Latin American growth. Explain why? Answer: Whilst the Great Depression made it hard for developing countries to make pa
what is opportunity cost
who looses from tarrif and quota?
Welfare Effects of Tariff can be understood as follows: It is important to understand what the welfare effects for the tariff are. While a tariff might seem desirable because i
Q. What is the national income identity for a closed economy? Answer: Y = C + I + G.
Question : (a) Differentiate between Transaction, economic risk and Translation risk in foreign exchange market. (use an illustrative and numerical example in each case. (b)
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