Export base theory is an economic concept that highlights the importance of a region's export sector in driving economic growth and development. The theory suggests that focusing on exporting goods and services can lead to increased economic activity, job creation, and overall prosperity within a region. By expanding the export base, a region can attract investment, increase productivity, and improve its competitive position in the global market.
The theory that stated a country's power was measured by the amount of gold and silver it owned is known as mercantilism. This economic theory was popular in Europe from the 16th to 18th centuries and emphasized the accumulation of wealth through trade surpluses, export promotion, and the acquisition of precious metals.
Country a is better in producing products, so production based will be done in country a. Country b is better in labor, each country has to specialize inn order to gain advantage. Also consider price elasticity in this case.
Unavoidably yes, the export industry is depended upon country currency. If the currency is appreciated, the export industries will lose their benefit. For example, in 2007 UK export industries lost profit nearly 2.2 million Euro after the appreciation of Euro currency. Oh man is this clear!!! If you have more hesitations e-mail me at Billnove@sidu.com
The possessive form for the noun theory is theory's.Example: The theory's basis is founded on scientific principles.
in 1993, rapid expansion of global markets allowed domestic producers to sustain record export growth throughout that period.
It is a theory which focus on export as the main determination of the economic growth of a region. It does work for young regions but in case of older regions with dynamic inner forces, there are so many inner forces which are much more influential in the economic growth than export.
export more goods than are imported.
in which it has a comparative advantage in producing
export more goods than are imported.
The theory that describes an acid as a proton donor and a base as a proton acceptor is the Brønsted-Lowry acid-base theory. In this theory, an acid is defined as a species that donates a proton (H+), while a base is a species that accepts a proton. This theory is widely used in understanding and predicting acid-base reactions.
Theory of everything
Theory of everything
It is the most used hypothesis or a theory, on the base of which a majority of the current astrophysicists are working ! Rather, it has formed the base for the concept of 'Multiverses'.
theories of crime causation that are generally base on marxist theory of class struggle
evidence
evidence
According to Arrhenius theory, a base is a substance that dissociates in water to produce hydroxide (OH-) ions. This results in an increase in the concentration of hydroxide ions in the solution, leading to an alkaline pH.