Economy, asked by shreysaroj9991, 6 months ago

In which form Marshall and Edgeworth has
explained the terms of trade?

Answers

Answered by Rajakhavin

Answer:

The offer curve was first derived by English economists Edgeworth and Marshall to help explain international trade. The offer curve is derived from the country's PPF. ... When it produces at point B, it can trade with the other country and consume at point S.

Previous Question

Next Question

Similar questions

Math, 3 months ago

two poles 40 metre and 15 metre high stand upright in a playground if the poles are 20 metre apart find the distance between the top most points ...

Math, 3 months ago

3 lac and twenty three thousand in numerals...

Chemistry, 3 months ago

why the bulb does not glow in the solution of alcohol and glucose in activity 2.8 of chapter acid,bases and salts. please answer this question fast...

Geography, 6 months ago

the main aim of maps is to show the 1p of a place and distribution of variables...

English, 6 months ago