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What is an offer curves? Discuss the factors that may impact international trade.

Do you feel economic growth and environmental problems are connected? Give reasons to support your answer.

Explain Mauss’s theory of Gift Economy.

Discuss the key characteristics of peasant society as outlined by Theodor Shanin.

Explain the Marxist concept of the economic base (infrastructure) and its role in shaping the superstructure.

What is the difference between economic growth and economic development? Give examples to show how economic development encompasses more than just an increase in income.

Critically discuss the Prebisch-Singer Thesis on terms of trade and growth.

Explain Product Cycle Model of international trade.

Explain various types of technical progress and their impact on international trade.

Why do nations participate in international trade? Explain the distinguishing features of international trade.

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