Trade and capital flows were described and measured in relative terms rather than absolute terms. Explain the

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Trade and capital flows were described and measured in relative terms rather than absolute terms. Explain the difference. Which terms seem more valid-relative or absolute? Why?

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International Economics

ISBN: 978-0132948913

6th edition

Authors: James Gerber

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Question Posted: Nov 27, 2015 01:59 AM

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Trade and capital flows were described and measured in relative terms rather than absolute terms. Explain the

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Absolute values are the dollar amounts of trade and capital flows R...View the full answer

International Economics

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