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J Curve
A renowned economic theory, J Curves reflects upon a few assumptions and asserts that a nation's trade deficit will originally fall post currency depreciation. This is catalysed by greater prices on imports which will ideally exceed decreased volume of the country?s imports.
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Absolute Advantage
What is an Absolute Advantage?
Absolute advantage is one of the key macroeconomic terms, which is based on the principles of Capitalism and is often utilised i......
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