The Reciprocal Demand theory was put into graphic form by

Related MCQs

• The ‘Reciprocal Demand Theory’ in International Trade can be attributed to
• Reciprocal Demand Curve is another name for
• The trade theory that states that nations should accumulate financial wealth, usually in the form of gold, by encouraging exports and discouraging imports is called
• Suppose the government grants a subsidy to its export firms that permits them to charge lower prices on goods sold abroad. The export revenue of these firms would rise if the foreign demand is:
• When the exchange rate is determined by the market forces of demand and supply, it is known as :
• Starting at the point of equilibrium between the money supply and the money demand, an increase in the domestic money supply causes the value of the home currency to:
• Starting from a position of internal and external balance, a reduction in aggregate demand will cause a current account _____________
• The opportunity cost theory assumes that
• The H O theory postulates that as a result of trade the differences in factor prices between nations
• Opportunity cost theory