Ecs 3702 - Study guides, Class notes & Summaries
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ECS 3702 
Assignment 02 
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ECS 3702 ASSIGNMENT 3
- Exam (elaborations) • 6 pages • 2021
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Content: 
Question 1 
a) Briefly explain why increasing opportunity costs in production arise 
b) Briefly explain why the production frontiers of different countries have different shapes 
c) Explain with the aid of a diagram, the gains from trade (exchange and specialization) 
when increasing costs 
Question 2 
a) Discuss the forms or regional integration. Give an example of each 
b) Under what conditions will a customs union result in trade creation and higher welfare 
levels? 
c) Discuss the ...
ECS 3702: INTERNATIONAL TRADE STUDY GUIDE 2020/2021/ECS 3702: INTERNATIONAL TRADE STUDY GUIDE 2020/2021 
SUCCESS IN YOUR EXAMS

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Tutorial Letter 101/3/2020 International Trade ECS3702 Semesters 1 and 2 Department of Economics
- Exam (elaborations) • 38 pages • 2021
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Tutorial Letter 101/3/2020 
International Trade 
ECS3702 
Semesters 1 and 2 
Department of Economics

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Tutorial Letter 201/2/2018 International Trade ECS3702 Semester 2 Department of Economics
- Exam (elaborations) • 12 pages • 2021
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Tutorial Letter 201/2/2018 
International Trade 
ECS3702 
Semester 2 
Department of Economics

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Tutorial Letter 203/1/2019 International Trade ECS3702 Semester 1 Department of Economics
- Exam (elaborations) • 10 pages • 2021
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Tutorial Letter 203/1/2019 
International Trade 
ECS3702 
Semester 1 
Department of Economics

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