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1.Describe the suppositions of Comparative Cost Advantage theory & Factor proportion theory with suitable examples. 2. Discuss the various arguments for protection against free trade
1.Describe the suppositions of Comparative Cost Advantage theory & Factor proportion theory with suitable examples.
2. Discuss the various arguments for protection against free trade
3.Explain the types of Quotas and subsidies available to protect domestic firms.
4."IMF and world bank serve the interest of industrialized nation rather than that of the developing countries". Discuss
5.Explain the various methods of international payment in detail
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