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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 comparative advantage is inter-country differences in (relative) factor proportions.
Identify and explain the three basic economic question that the group of survivors will have to answer everyday
Q. "Given that labor remains relatively immobile within Europe, the European Union's success in liberalizing its capital flows may have worked perversely to worsen the economic sta
1.concepts of terms of trade,factors affecting terms of trade. 2.gross & net barter terms of trade. 3.terms of trade & economic development
how is exchange rate determined.
what are the limitations of net barter terms of trade
what are the basis of international business.
what are the different forms of opportunity cost theory
Why we Devising an International Monetary System
the difference between offer curve analysis ,absolute and comparative advantage model
Q. Using a figure, show that under full employment, a temporary fiscal expansion would increase output (over-employment) but cannot increase output in the long run. Answer: A t
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