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(b)
(b)
Now assume that the Central Bank increases the realWhat is the change in the real income and the interest
What is.factor intensity rqversal? Critically evaluate (with diagrals) the validityof the Heckscher-Ohlin theory of trade in the presence'of such reversal'What are the inviiibles in the balance of paymenti? Examine the mechapismand ttre iriplication.of the fixed :and the flexibli exchange rate systems toachieve the equilibriurn in the balance of payments' : '
(a) (n Consider the set A c R2 (that is, A is a subset of R2 )
foltowing :A= {(x, y}eR*2 : I < x <7,
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money supply to 2000.Jrate under this PolicY?/
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,Tnterxational cooperation f coordination of poll.V responses iswith the problem of gtobal warming and climate chq,4ge."economic arguments,
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(b) . Is the government's response to the conceTs-abo}t recent trends in food pricecould be ProPosed to deal with it?***
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