nationality test
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are sellers & buyers citizens of different countries?
human development index (HDI)
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considers three components: income per-capita, life expectancy & years of
primary education
Balassa index
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proportion of country exports in a good relative to proportion of world
exports in that good
free trade
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exports products at prices higher than opportunity cost of production,
import products at price lower than opportunity cost to produce
political seperation
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national governments set policies autonomously within territory
letter of credit
Give this one a try later!
are sellers & buyers citizens of different countries?
human development index (HDI)
, Give this one a try later!
considers three components: income per-capita, life expectancy & years of
primary education
Balassa index
Give this one a try later!
proportion of country exports in a good relative to proportion of world
exports in that good
free trade
Give this one a try later!
exports products at prices higher than opportunity cost of production,
import products at price lower than opportunity cost to produce
political seperation
Give this one a try later!
national governments set policies autonomously within territory
letter of credit
