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Q. Suppose Airbus is set to give the aircraft before Boeing. Which company will enter the market?
Answer: Boeing will not and Airbus will produce.
Q. It is argued that the United States could be foolish to maintain a free-trade stance in a world in which all other countries exploit prisoner or child labor, or are protectioni
discuss the superiority of haberler''s theory of opportuinity cost over mill''s theory reciprocal demand?
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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
Critically evaluate the classical theory of international trade
Q. Explain why one can write the demand for money as follows: Md = P L (R, Y) Answer: The collective money demand is proportional to the price level. Imagine that every prices
Road,railway,air and shlping transportation
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