Effect of foreign imports
What effect do foreign imports have onto domestic price & quantity of Canada bank?
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Canada does not contain a comparative advantage in this product since the world price Pw is below the Canadian domestic price of Pd. Imports will decrease the price of Pw, raising consumption from non-trade Qc to Qe and reducing domestic production from Qc to Qa.
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Special Items of Expense: It is an expenditure category which covers nonrecurring big expenditures or special aim expenditures which usually need a separate appropriation (or else need separation for clarity).
Planning Estimate Line: The separate planning estimate adjustment or entry for a specific expenditure or type.
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