Please explain these two questions in the attachment below with full and correct answer.
13. Provide a concise statement about the relationship between a developing country’s emphasison the export of traditional commodities and: (a) export earnings stability; (b) comparativeadvantage; (c) terms of trade. 14. Explain briefly the vent-for-surplus theory of international trade. What is the relevance of thistheory to the current development experience of low income economies?
BA (Hons) in HRM Strategy & Practise
Economic and Social Policy Lecture 11: The Housing Sector ? Overview References: Department of Housing, Planning, Community and Local Government (2016) Action Plan for