Cards (5)

  • Why is it important to look at the cause of change in economic conditions?
    To determine if the change is beneficial
  • What happens if an improvement occurs due to increased demand for exports?
    It will be beneficial for the country
  • What is the effect of deterioration caused by improved international competitiveness?
    It will also be beneficial for the country
  • What is more important than price alone in trade?
    Export and import revenues
  • What must happen for an improvement to be considered beneficial?
    Export revenues must increase