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Equilibrium of Prices

  • Date Submitted: 04/29/2012 03:37 PM
  • Flesch-Kincaid Score: 42.7 
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International Trade
Equilibrium of Prices
Free Trade
Assumptions of Free Trade
Perfectly Competitive Business
Management Theories like Hygiene factors, Abraham Maslow
Increase in Interest Rate and Investment Spending
Shifts in Demand with regard to increase in Production and demand
GDP Deflator and its corresponding effect on the economy
Devaluation and
Real GDP and corresponding effect on price, income and savings

Permutation and Combination
Circle and its relation with the circumference   and Angles in the circle
Angles and their relation
Ratio Analysis (very very careful)

Analytical Ability and critical Reasoning
Math Related
Critical Reasoning related
Synonyms and antonyms\

International trade is the exchange of capital, goods, and services across international borders or territories.[1] In most countries, such trade represents a significant share of gross domestic product (GDP). While international trade has been present throughout much of history (see Silk Road, Amber Road), its economic, social, and political importance has been on the rise in recent centuries.
Industrialization, advanced transportation, globalization, multinational corporations, and outsourcing are all having a major impact on the international trade system. Increasing international trade is crucial to the continuance of globalization. Without international trade, nations would be limited to the goods and services produced within their own borders.
International trade is, in principle, not different from domestic trade as the motivation and the behavior of parties involved in a trade do not change fundamentally regardless of whether trade is across a border or not. The main difference is that international trade is typically more costly than domestic trade. The reason is that a border typically imposes additional costs such as tariffs, time costs due to border delays and costs associated with country...


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