_____________ represent the most widely used tool in international finance for measuring the average value of a currency relative to a number of other currencies
Which industrialization policy has developing countries used which places emphasis on the comparative advantage principle as a guide to resource allocation.
If export's are a constant proportion of GNP such that E = 18 GNP, find the level of imports that would represent a zero trade balance when GNP = 10,000
The arrangement where goods imported from trading partners in the developing world are subject to lower tariff rates than goods from other countries is referred to as.