-Suppose Albania is exporting product B, and experienced economic growth biased in favor of product B as seen in the figure above. We are also told that Albania's new consumption point is at point d. Would you still consider the economic growth, which took place biased in favor of B?
If Albania were a large country how would this growth affect its terms of trade?

Question

-Suppose Albania is exporting product B, and experienced economic growth biased in favor of product B as seen in the figure above. We are also told that Albania's new consumption point is at point d. Would you still consider the economic growth, which took place biased in favor of B?
 If Albania were a large country how would this growth affect its terms of trade?

Quizplus · Accepted Answer

The Answer of 
-Suppose Albania is exporting product B, and experienced economic growth biased in favor of product B as seen in the figure above. We are also told that Albania's new consumption point is at point d. Would you still consider the economic growth, which took place biased in favor of B?
 If Albania were a large country how would this growth affect its terms of trade?

-Suppose Albania Is Exporting Product B, and Experienced Economic Growth