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Q. What types of international transactions are recorded in the balance of payment accounts?
Answer: Three kinds' transactions that involve exports and imports of goods and services transactions that involve exports and imports of goods and services and the purchase or sell of financial assets other activities resulting in transfer of wealth between countries that are recorded in the capital account.
what are the theories supporting protectionism
distinguish between net terms of trade and gross terms of trade
The East Asian financial crisis
critically evaluate Adam Smith''s theory of absolute advantage,outlining the assumptions necessary for the theory to hold in its purest form.what are the criticisms of this theory
Reform of international monetary affairs
Theory of reciprocal demand
Q. Why is the H.O. model called the factor-proportion theory? Answer: The H.O. model survey the limitations and the nature of presumptuous that the sole determinant of compar
Q. It has been claimed that the Chinese burst of modernization which has been propelling its manufactured exports throughout the world at an unprecedented rate, is made possible b
discuss the possibility of trade if factor endowment are identical and tasde is different
Q. Contrast the crisis in Poland and Russia. Explain why the Polish economy has done better? Answer: With the end of the 1990s a handful of East European economies including
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