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ECS1601 ASSESSMENT 7 2024 Suppose you live in South Africa and have the option to buy proudly South African products or international brands. With reference to the circular flow of goods and services and the circular flow of income and spending between h CA$3.98   Add to cart
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  5. Economics IB (ECS1601)

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ECS1601 ASSESSMENT 7 2024 Suppose you live in South Africa and have the option to buy proudly South African products or international brands. With reference to the circular flow of goods and services and the circular flow of income and spending between h
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  • Course
  • Economics IB (ECS1601)
  • Institution
  • University Of South Africa (Unisa)
  • Book
  • Law of Persons and the Family

ECS1601 ASSESSMENT 7 2024 Suppose you live in South Africa and have the option to buy proudly South African products or international brands. With reference to the circular flow of goods and services and the circular flow of income and spending between households, firms, government and the forei...

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  • October 27, 2024
  • 12
  • 2024/2025
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  • ECS1601 Assignment 7 (COMPLETE ANSWERS) 2024 - DUE 29 October 2024
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, Table of Contents
Question 1 (100 words) .............................................................................................. 3


Circular Flow .............................................................................................................. 3


Benefits of purchasing proudly South African products .............................................. 3


Opportunity Costs of Buying International Items ........................................................ 4


Question 2 (10 marks) ................................................................................................ 5


Question 3 (8 marks) .................................................................................................. 6


Question 4 .................................................................................................................. 7


References ............................................................................................................... 10




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