Answer:
LOL BRO Thats how I be sometimes
Answer:
The correct answer is D. New trade
.
Explanation:
The "new" theory of international trade. These theories are based on imperfect competition. Among them are the following:
- Opportunity Cost Theory, by G. Haberler. Work is not the only resource nor is it homogeneous. It is based on the opportunity cost of a good.
- Monopolistic Competition Model, by Paul Krugman.
The "latest" recent developments that incorporate differences between companies. In this category, differences between companies are considered to understand this area. Among them are:
- Conclusions of Bernard, Redding and Schott. Increase the productivity of the entire industry. The expansion of the production of the exporting companies implies an increase in the demand for factors and an increase in the price of the inputs.
- R. E. Baldwin and R. Forslid. Liberalization brings welfare gains.
Suppose the equilibrium aggregate price level and the equilibrium level of real GDP are both rising. This is probably the effect of a increase in aggregate demand.
<h3>What is
aggregate demand?</h3>
The entire demand for these products and services during the given time period is represented by aggregate demand. Because aggregate demand and gross domestic product (GDP) are determined in the same way, they eventually balance each other out. As a result, changes in aggregate demand and GDP are correlated.
The relationship between the price level and all of the expenditure that individuals, businesses, the government, and other nations are willing to make at each price level is represented graphically by aggregate demand. That should sound familiar if it does. The elements that make up aggregate demand are the same elements that make up real GDP when utilizing the expenditures method:
- Consumption
- Investments
- Federal spending
- Gross exports
Hence, when both the equilibrium level of real GDP and the equilibrium level of aggregate prices are increasing. This is most likely the result of rising aggregate demand.
To know more about aggregate demand refer to: brainly.com/question/3331860
#SPJ4
