Tag Archives: Transfer Earning

Transfer earning defined as the earning earned by a person in an alternative way. Transfer earning is the amount which is earned by factor of production which is paid to prevent it from using in another way.


THEORY or INTERNATIONAL TRADE

THEORY or INTERNATIONAL TRADE 8. ADVANTAGES AND DISADVANTAGES OF INTERNATIONAL TRADE The main advantages of international trade to a country are as follows: 1.       Economy in the Use of Productive Resources: Each country tries to produce those goods in which … Continue reading

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INTERNATIONAL TRADE

INTERNATIONAL TRADE TERMS OF TRADE By terms of trade, is meant terms or rates at which the products of one country are exchanged for the products of the other. It is known to us that every country has get its … Continue reading

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Transfer Earning And Economic Rent

The two concepts transfer earning and economic rent are frequently used in the economic analysis of factor prices. They are the actual earnings of the factors of production. These two concepts frequently used in the measurement of Rent are explained … Continue reading

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THEORY or INTERNATIONAL TRADE

THEORY or INTERNATIONAL TRADE 6. MODERN THEORY OF INTERNATIONAL TRADE Modern Theory of international Trade. (Hechsher-Ohlin Theory): Professor Bertil Ohlin and Hecksher have criticized the Ricardo’s comparative costs theory. They regard cost theory as unrealistic because it does not take … Continue reading

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