Elucidate facilitating factors that explain the growth
Elucidate facilitating factors that explain the growth of trade?
Expert
1. Transportation technology has improved over the years.
2. Communications technology allows traders to make deals in trade and global finance very easily.
3. Trade barriers declined dramatically since 1940, and the trend toward free trade continues.
What was rightward shift of PPC point out? Answer: It points out growth of the resources.
What are the scientific method that Economists use to establish theories, laws, and principles?
I have a problem in economics on Resources of private Capitalism. Please help me in the following question. The Private individuals own most resources and find out how they will be employed in an economic system of: (1) Socialism. (2) Capitalism. (3)
Describe unexpected deflation?
The idea which a virtue of capitalism is decentralized its decision making emerged while: (1) social philosophers looked for alternatives to feudal kings like economic regulators. (2) Russian imperialism fostered anti-communist sentiment after World W
Transaction costs to ultimate consumers are reduced if: (w) consumers travel long distances to buy directly from manufacturers quite than buying the goods at local retail stores. (x) intermediaries generate income while conveying goods from manufactur
Critically evaluate: “In comparing the two equilibrium positions, it note that a larger amount is actually purchased at a higher price. This disprove the law of demand.”
Just need help to see if I am in the right direction if there any think wrong need help with it.
For rapid growth of world trade what are the factors of account since the Second World War?
A perfectly competitive firm produces 3,000 units of a good at a total cost of $36,000. The cost of each good is $10. Calculate the firm's short-run profit or loss. w) loss of $6,000. x) profit of $6,000. y profit of $30,000. z) There is insufficient
18,76,764
1943911 Asked
3,689
Active Tutors
1415496
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!