(1)
A Country can have an increased surplus in its balance of trade as a result of :
Answer: declining imports and rising exports
Answer: declining imports and rising exports
Answer: F. List and A. Hamilton
Answer: Subsidies to business for purchases of capital goods
Answer: All of the above
Answer: Lindhal
Answer: C=a+bY
Answer: Liquified Petroleum Gas
Answer: Incidence of tax on buyers
Answer: vertical equity
Answer: Both taxation and public expenditure
Answer: Trade increases the average productivity as more productive firms expand
Answer: Supported mainly by cross section studies and not by time series studies
Answer: benefits if each acts in his/her own interest
Answer: Per capita real GDP difference among the nations will diminish
Answer: Y=440−i