Ecs3702 notes - Study guides, Study notes & Summaries

ECS3702 EXAM PACK 2023 200+ QUESTIONS AND CORRECT ANSWERS WITH SUMMARISED NOTES. Question 1a Briefly Explain the Following terms (a) Absolute Advantage Absolute advantage is the ability of a country to produce a greater quantity of a good or service with the same quantity of inputs per unit of time, or to produce the same quantity of a good or service per unit of time using a lesser quantity of inputs, than another entity that produces the same good or service. (b) Factor Intensity T...

ECS3702 EXAM PACK ANSWERS (2021- 2014) AND 2021 BRIEF NOTES

ECS3702 - International Trade SUMMARISED STUDY NOTES 2022. CHAPTER ONE WORLD TRADE AND THE NATIONAL ECONOMY 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 specialisati...

ECS3701 (Monetary Economics) LATEST EXAM PACK WITH NOTES 2023

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...

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 ANSWER 2021 S AND BRIEF NOTES. 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 th...

ECS3702 EXAM PACK ANSWERS (2021- 2014) AND 2021 BRIEF NOTES. Recent exam questions and answers and summarized notes for exam preparation. Whatsapp 4 for assistance. All the best on your exams!!

ECS3702 Latest exam pack questions and answers and summarized notes for exam preparation. Updated for 2024 exams . For assistance Whats-App.0.6.7..1.7.1..1.7.3.9 . All the best on your exams!!