-Suppose, as a result of various dynamic factors associated with exposure to international competition, Albania's economy grew, and is now represented by the rightmost production possibility frontier in the figure above. If its point of production with trade was point c, would you consider this growth to be export-biased or import biased?
If Albania were a large country with respect to the world trade of A and B, how would this growth affect Albania's terms of trade?
Its real income?
Definitions:
MRI
Magnetic Resonance Imaging; a medical imaging technique used to visualize internal structures of the body in detail, using magnetic fields and radio waves.
CT
Computerized Tomography, a medical imaging technique that combines multiple X-ray measurements taken from different angles to produce cross-sectional images of specific areas of a scanned object.
Stent-graft
A tube composed of fabric supported by a metal mesh, used to repair damaged or diseased blood vessels.
Balloon Angioplasty
A medical procedure to open narrowed or blocked blood vessels of the heart using a balloon catheter.
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