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<blockquote data-quote="senal neveyi" data-source="post: 27613179" data-attributes="member: 570756"><p>lol dude .this is my last reply to you. </p><p>Fluctuation of the demand in regard to price is inversely related to the elasticity of the demand. Do you think the demand for fuel has a high elasticity?</p><p>Most of the raw materials are imported. The rise in the price of raw materials/labor costs and transport costs would negate any advantage of the depreciated rupee.</p><p>Furthermore most of the production industry is dependent on local demand as well.</p><p>The trade deficit is only a part of the economy. You cant solve the dollar crisis by shrinking the GDP , and increasing inflation and unemployment.</p><hr /><p></p><p>lol. subsidizing while imposing a tax. (I guess you haven't still understood it. But I don't have time nor crayons to explain it to you)</p><p>Even if a person travels for leisure its related to the service sector such as hotels etc and local businesses.</p><p>Learn O/L commerce before debating about the economy. lol.</p><p>------ <span style="font-size: 10px">Post added on [DATETIME="UT"]1650393440[/DATETIME]</span></p></blockquote><p></p>
[QUOTE="senal neveyi, post: 27613179, member: 570756"] lol dude .this is my last reply to you. Fluctuation of the demand in regard to price is inversely related to the elasticity of the demand. Do you think the demand for fuel has a high elasticity? Most of the raw materials are imported. The rise in the price of raw materials/labor costs and transport costs would negate any advantage of the depreciated rupee. Furthermore most of the production industry is dependent on local demand as well. The trade deficit is only a part of the economy. You cant solve the dollar crisis by shrinking the GDP , and increasing inflation and unemployment. [HR][/HR] lol. subsidizing while imposing a tax. (I guess you haven't still understood it. But I don't have time nor crayons to explain it to you) Even if a person travels for leisure its related to the service sector such as hotels etc and local businesses. Learn O/L commerce before debating about the economy. lol. ------ [SIZE=2]Post added on [DATETIME="UT"]1650393440[/DATETIME][/SIZE] [/QUOTE]
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