ECO-01 Business
write an explanatory note on OTCEI.
Describe World Trade Organization (WTO)?
Illustrate the Risks involved with bonds?
What are economic resources? What are the major functions of the entrepreneur?
Elucidate: Competition and the “Invisible Hand”?
Assume that melons sell for $5 in Brazil when moose pelts sell for $10, still into Canada melons sell for $10 as well as moose pelts sell for $5. A person who buys moose pelts within Canada to sell into Brazil would be doing: (1) speculation. (2) the “invisible
Illustrate the rate of exchange of two products?
The clearest illustration of economic inefficiency would be: (w) maintaining a warehouse full of pet rocks within hopes such that someday the fad will return. (x) pet rocks being unavailable to people willing to pay a price that exceeds the marginal s
Which of the following are examples of public goods?
Illustrate the Comparative advantage and terms of trade?
What are the dependencies in U.S. and World Trade?
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