The main conditions required are:
1. Either a finite number of agents or goods.
2. No externalities - That is, the consumption of one person should not harm or benefit anyone else.
3. No matter how much a person is consuming, they must be able to be made slightly happier by consuming a bit more of something.
List the causes of recession?
Do you know what are the causes of recession around the world?
Define trade alliance?
Do you know why the study of political science is so much important for international relations?
Define the theory of Militarism?
Tell me about those procedures which are required to develop a foreign policy concept?
List some disadvantages of Multinational Corporation?
Define domestic politics?
Explain the difference between international studies, relations and affairs?
List the different types of treaties present between different countries?
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