question 4

4.1.

define the following:

4.1.1. Repo Rate

4.1.2. Monetary policy

4.1.3. Labour Force

4.1.4. Gross Domestic Expenditure

4.2. Define and provide arguments against and against arguments in favor of privatisation

4.3. consider the table below and answer the questions that follow:

China UK

Electronics 29 11

Fruits 21 37

4.3.1. explan the concept absolute advantage with reference of the two countries and two products indicated above.

4.3.2. will trade take place between China and UK ? substatiate.