Economics XII

International Trade

The transaction of goods and services between or among different countries is called international trade....

Deflation is defined as continuous or sustained fall in the general price level of...

Inflation is defined as sustained or continuous rise in the general price level of...

Inflation is defined as sustained or continuous rise in the general price level of goods...

Value of money is the purchasing capacity of money relating to the price of goods...

World Trade Organization (WTO): World Trade Organization is one of the special organization of the...

Protection is that policy of the government under which a number of restrictions are imposed...

Balance of Trade Balance of trade is the summary of the total volume of exports...

Free trade refers to the unrestricted or free movement of goods and services between...

Money is anything that is generally acceptable as a medium of exchange, common measure,...