(1)
The form of multi commodity terms of trade is most closely related to :
Answer: Laspeyre’s index number
Answer: Laspeyre’s index number
Answer: infinity
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Answer: Make imports cheaper and exports costlier
Answer: Migration
Answer: The ratio between export and import prices
Answer: 1966 - 69
Answer: Elasticity declines as one slides down the demand curve.
Answer: demand is greater
Answer: owned by share-holders
Answer: lower output and higher price
Answer: Monopolistic Competition, Oligopoly and Oligopsony.
Answer: N. Kaldor
Answer: The function is concave
Answer: Both (1) and (2) of the above
Answer: Long - run with constant technical coefficients.
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