International Relations
Factors Responsible for Balance of Payment Disequilibrium
Balance of payments is a record of economic transactions between the residents of on…
International Relations
Difference between Balance of Trade and Balance of Payments
Balance of trade represents the difference between visible exports and imports of a …
International Relations
Balance of Payments
Balance of Trade: The balance of trade is the difference between the values of exp…
International Relations
Terms of Trade (TOT), and its Types
The ratio of exports to imports is called terms of trade (TOT). The concept of terms…
International Relations
Differences between Domestic and International Trade
International Trade: The exchange of goods and services between countries is calle…
International Relations
International Trade as only Special Form of Inter-Regional Trade
Bertil Ohlin believed that there is a little difference between Inter-Regional Trade…
International Relations
J. S. Mill’s Reciprocal Demand Theory of International Trade
Ricardo expounded the theory of comparative advantage without explaining the ratios …
International Relations
Difference between Ohlin’s and Classical Theories of International Trade
Ohlin’s theory of international trade departs from the classical theory in the follo…
International Relations
Ohlin’s Theory of International Trade
The modern theory of international trade is an extension of the general equilibrium …
International Relations
South Asian Association for Regional Cooperation (SAARC)
The SAARC came into being in December 1985. The SAARC comprises Pakistan , India , S…
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