A. Nominal, interest rate is equal to a real interest rate plus expected interest rate B. Real interest rate is equal to nominal interest rate minus expected rate of inflation C. Exchange rate differential between two currencies is explained by interest – inflation rate differential D.Exchange rate differential between two currencies is explained by comparative […]

List I List II (Theoretical Foundation of Global Trade) (Economists) A. Absolute cost advantage I. Michael Porter B. Factor endowment theory II. David Ricardo C. National competitive advantage III. Hecksher and Ohlin D. Comparative cost advantage IV. Adam smith Identify correct match from the following:

List I List II (International product lifecycle stage) (International competition) A. Introduction I. Companies from other high-income countries increase exports to the innovating country B. Growth II. Competitors from other high-income countries may begin production in developing countries C. Maturity III. A few competitors at home D. Decline IV. Competitors in other high-income countries begin […]