ECS3702 International Trade (ECS3702)

ECS3702 SUMMARY STUDY NOTES. This is an all-inclusive guide to ECS3702 - International Trade International Economics It is concerned with the exchange of goods, services, factors of production and capital across national boundaries. International Trade The reasons for and the benefits/gains from international trade are no different from those associated with domestic transactions - as with domestic transactions, international transactions offer the benefits of specialisation, allowing us...

ECS3702 EXAM PACK 2021. ECS3702 - International Trade This is a complete and an all-inclusive guide to ECS3702 - International Trade. An appreciation of the rand against the US dollar, will result in increased South African imports from the US, this is because fewer Rands can now purchase more US dollars, implying that South Africans now find it cheaper to buy US goods. Question 2 One of the possible effects of a recession in South Africa, on its trade with SADC member states is, widenin...

ECS3702 SUMMARISED STUDY NOTES 2022. This is a complete and an all-inclusive guide to ECS3702 SUMMARISED STUDY NOTES 2022. International Economics It is concerned with the exchange of goods, services, factors of production and capital across national boundaries. International Trade The reasons for and the benefits/gains from international trade are no different from those associated with domestic transactions - as with domestic transactions, international transactions offer the benefits o...

Recent exam questions and answers and summarized notes for exam preparation. Whatsapp 4 for assistance. All the best on your exams!!

Recent exam questions and answers and summarized notes for exam preparation. Whatsapp 4 for assistance. All the best on your exams!!

ECS3702 International Trade EXAM PACK 2021.Paper November 2021 Question 1 An appreciation of the rand against the US dollar, will result in increased South African imports from the US, this is because fewer Rands can now purchase more US dollars, implying that South Africans now find it cheaper to buy US goods. Question 2 One of the possible effects of a recession in South Africa, on its trade with SADC member states is, widening of South Africa’s trade deficit, which implies that Sout...