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ECO401 Economics FAQs

ECO401 faqs vu, ECO401 question answers

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World Bank suggests some structural reform policies for the poor countries to grow. Discuss those policies briefly.
World Bank suggests some structural reform policies for the poor countries to grow. Discuss those policies briefly.
Why countries have comparative advantage according to Ricardo?
What will be the role of government in the foreign exchange market in the following cases? a. If the supply curve of dollars shifts to the right due to rise in exports.b. If the demand curve for dollars shifts to right due to rise in imports.
What will be the role of government in the foreign exchange market in the following cases?
What thing determines comparative advantage among countries according to Hechshcer-Ohlin? What is the criticism against their argument?
what is meant by laffer curve? Also explain the shape of this curve?
What is meant by exchange rate? Also give example of exchange rate.
What are the major weaknesses of exogenous growth theory? Which theory was developed in against of exogenous growth theory?
What are the major macroeconomic variables involved in the determination of national income?

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