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Postwar trade theory
argument about fair distribution of income and gnp as a measurment of economic growth
explain -haberler theorem
Q. Suppose Australia, a land (K)-abundant country and Sri-Lanka, a labor(L)- abundant country both produce labor and land intensive goods with the similar technology. Following t
offer curves, terms of trade and terms of trade as a measure of gain
Q. Illustrate why Argentina, one of the world's richest countries at the begning of the twentieth century, has become progressively poorer relative to the industrial countries. [
Q. What are the predictions for the long run of the Monetary Approach? Answer: Money supplies- Known the equations E $/E = P US /P E P US = M S US /L(R $
ABOUT THIS THEORY
heberler''s theory of opportunity cost notes
habler oppurtunity cost
Q. What is the interest parity condition? Answer: The circumstance that the expected returns on deposits of any two currencies are equal when measured in the same currency is
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