Ecs3702 exam pack 2022 - Study guides, Study notes & Summaries
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ECS3702 EXAM PACK 2022
- Exam (elaborations) • 252 pages • 2022
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ECS3702 EXAM PACK 2022 
ECS3702 EXAM PACK 2022
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ECS3702 OCTOBER/ NOVEMBER EXAM PACK 2022/2023
- Exam (elaborations) • 146 pages • 2022
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ECS3702 OCTOBER/ 
NOVEMBER 
EXAM PACK 2022/2023 
1 | 
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 South Africa is...
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Exam (elaborations) ECS3702 - International Trade (ECS3702)
- Exam (elaborations) • 32 pages • 2022
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Exam (elaborations) ECS3702 - International Trade (ECS3702)EXAM PACK MAYJUNE 2022
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ECS3702 EXAM PACK AND SUMMARY 2022/2023
- Exam (elaborations) • 250 pages • 2022
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ECS3702 EXAM PACK 
AND SUMMARY 2022/2023 
lOMoARcPSD| 
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 
The relative importance of one ...
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Exam (elaborations) ECS3702 - International Trade (ECS3702)
- Exam (elaborations) • 6 pages • 2022
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Exam (elaborations) ECS3702 - International Trade (ECS3702) EXAM PACK MAYJUNE 2022
Make study stress less painful
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ECS3702 EXAM PACK 2022
- Exam (elaborations) • 29 pages • 2022
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- R63,84
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Recent exam questions and answers and summarized notes for exam preparation. Whatsapp 4 for assistance. All the best on your exams!!
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ECS3702 EXAM PACK With NOTES 2022
- Exam (elaborations) • 252 pages • 2022
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- R63,84
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Recent exam questions and answers and summarized notes for exam preparation. Whatsapp 4 for assistance. All the best on your exams!!
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