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Problem 1:
"African Caribbean and Pacific (ACP) countries no longer have preferential access to the European market for their exports, except under provisions of „Special and Differential Treatment? and under the „Everything But Arms? (EBA) initiative. Consequently, ACP countries have engaged in discussions on the Economic Partnership Agreement (EPA) with the European Union".
a) Explain what is meant by Economic Partnership Agreement (EPA).
b) Discuss how the EPA agreement would be beneficial to ACP countries.
Problem 2:
(a) Distinguish between a common market and a customs union.
(b) Regional Integration and Cooperation has been the latest fashion around the world. According to you, does Mauritius stand to benefit by being a member of the different Regional Trading Blocs to which it currently belongs?
This is concerned with any one of the following forms. controlling the supply of money controlling interest rates Rationing the amount of credit granted by banks
What is culture and human capital? Human capital is the knowledge, experience and skills of employees and can be raised by investing into education, job training and health
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What is effectiveness of International Monetary Fund, in the promotion of development? Effectiveness of International Monetary Fund, in the promotion of development: Interna
QUESTION (a) Explain what factors might determine the level of investment in an economy. (b) ‘If investment increases it will cause an increase in income. If income increase
Problem 1: (a) Define the concepts of production-oriented capitalist system and market-oriented capitalist systems. (b) With set examples, explain how these firms behave
What kind of project management would you require to deliver to have people volunteer to work on your projects? The leadership challenge is to suppose that everyone working ont
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with a water park going in town. What kind of externality is this?
Question 1: "Policy can be conducted by rules or discretion.. The increased role of expectations led to some economists arguing that it would be best to force monetary policy
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