Merits of regional integration
Elucidate the merits of regional integration?
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Most economic specialists cite that regional integration gives disadvantaged countries to realize economies of scale, vie on a broader (or often global) platform and increase entire economic efficiency. Alassane D. Ouattara the Deputy Managing Director of the International Monetary Fund positions thatregional integration 'facilitates participating countries to pool their resources and avail themselves of regional institutional as well as human resources, in order to reach a level of administrative and technical capability that wouldn’t be probable on an individual basis'.
How the demand for one good alters while the price of an associated good is changed is measured through the: (w) relative ratios of the slopes of the respective demands and supplies. (x) price cross elasticity of demand. (y) ratios of the respective p
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When Mad Cow Disease erupted internationally, so what would occur to the demand, price, supply and quantity of hamburgers: (w) demand = fall, price = ???, supply = fall and quantity = fall. (x) demand = fall, price = rise, supply = rise and quantity =
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An increase in the production of stereos at similar time that consumers expect a price decline would outcomes in ______ in equilibrium price as well as equilibrium quantity will ______: (w) decrease; be uncertain. (x) increase; be uncertain. (y) decrease; decrease. (z
Describe the Reallocation of resources objective of the government budget.
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