Elucidate Participants in international trade of U.S.
Elucidate Participants in international trade of U.S. and World Trade?
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1. Global Perspective 6-1 shows the major participants in world trade.
2. New participants have become important, especially the Asian countries of Hong Kong, Singapore, South Korea, and Taiwan. China is also emerging as important in global trade. Collapse of communism has led to the emergence of former Soviet republics and Eastern bloc countries as world trade participants.
Briefly state the pros and cons of Partnership?
Is transfer income involved in national income? Explain Why? Answer: No, since transfer income does not effect in the production of services and goods.
My friend can't succeed to get the answer of this question. Give me solution of this question. From a heterodox perspective, why does destructive price competition drive enterprises to set up market institutions which would abolish price competition?
If banana divides are $2, CD disks are $10, and SCUBA vacations are $360, then what is the relative cost of a SCUBA vacation in phrases of a CD disk: (i) 36 disks. (ii) 360 disks. (iii) 180 disks. (iv) 20 disks. (v) 3,600 disks. Q : Illustrate 2nd function to promote and Illustrate the 2nd function to promote and maintain competition?
Illustrate the 2nd function to promote and maintain competition?
A perfectly competitive industry achieves allocative efficiency since: w) goods and services are produced at the lowest possible cost. x) services and goods are produced up to the point where the last unit gives a marginal benefit to consumers equivalent to the margin
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Why private goods are produced through the market?
Least consistent along with Adam Smith’s theory of wages would be the suggestion that wages vary positively along with the: (w) effort required to learn skills necessary to accomplish particular types of work. (x) stability of employment and the
Describe Spillovers and externalities?
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