UNIT-4
What do you mean by Price Discrimination? Explain its Degrees of Discrimination.
Introduction: Generally speaking the monopolist will not change uniform price for all the customers in the…
What is terms of trade. explain the components of terms of trade.
Introduction: In economics, Terms of Trade means the rate at which one country’s goods exchange for…
Write a note on Quotas.
Introduction: Quotas in economics refers to limits set by a government on the quantity or value…
What is Tariff? Explain its types.
Meaning: Tariffs are taxes or duties imposed by a government on imported goods and services. They…
What is terms of trade? Explain its concepts.
Meaning: The rate at which a given quantity of a country’s export goods are exchanged for…
Explain the Heckcher-Ohlin theory of International Trade?
Introduction: Bertin – Ohlin, in his famous book inter regional and international trade 1933 criticize the…
Briefly explain the Comparative Cost theory of International trade.
Introduction: David Ricardo a British economist of 19th century analyzed the causes for and the benefit…
Explain the Features of international Trade.
Introduction: International trade is trade between different countries of the world. It refers to the exchange…
Explain the disadvantages of International trade.
Introduction: International trade is trade between different countries of the world. It refers to the exchange…
Explain briefly the Advantages of International Trade.
Meaning: International trade is trade among different countries or trade across political frontiers. It refers to…