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