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Benefits of Regional Integration
Most economic experts cite that regional integration permits disadvantaged countries to realize economies of scale, vie on a broader (often global) platform and enhance overall economic efficiency. Alassane D. Ouattara the Deputy Managing Director of the International Monetary Fund declares that regional integration 'enables participating countries to pool their resources and avail themselves of regional institutional and human resources, in order to achieve a level of technical and administrative competence that would not be likely on an individual basis'.
When a government spends more than it receives in taxes; it runs a budget deficit, which is generally covered by issuing debt obligations to domestic and/or international investors
Consider the following: The city council has just approved the construction of a water park in your town. You are responsible for studying the impact of the new water park on the l
Consider a nation in which the volume of goods and services is growing by 5 percent per year. If a country's economic size is growing faster than the rest of the world, then
Malthus surmised that "poverty and misery are the natural punishment for the failure by the ‘lower classes' to restrain their reproduction." The policy implication of this viewpoin
Q. Explain money market with inflation? The money market with inflation Let's begin with the money market diagram and introduce inflation. As M D relies positively on P
State the Private sector in the circular flow Private sector total income is known as the national income. As private sector receives entire return from the factors of prod
Suppose that you decide to leave your current job(with a salary of $60,000) to start your own business in a building (with a market value of $400,000) you already own. You pay $45,
How can franchises ensure their products are appropriate for international markets?
What factors shift out the PPC and what is the opportunity cost of the economy moving out to get back on the PPC? Explain?
Firms such a Moody's and Standard &Poor's study corporations that issue bonds. They publish "ratings" for the bonds- evaluation of the likelihood of default. Suppose these rating c
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