(a) An urban area is divided in to 4 zones. The number of trips produced by zone 1 is 700 and the attractions for zones 1, 2, 3 and 4 are: 200, 500, 600 and 100 respectively. If the friction fact...
Chapter overview 1. Reasons for international trade Resources reasons Economic reasons Other reasons 2. Difference between international trade and domestic trade More complex context More difficult and risky Higher management skills required 3. Basic concept s relating to international trade Visible trade & invisible trade Favorable trade & unfavorable trade General trade system & special trade system Volume of international trade & quantum of international trade Commodity composition of international trade Geographical composition of international trade Degree / ratio of...