Explore the concept of economic leakage where capital or income leaves the circular flow, impacting factors like savings, taxes, and imports in a Keynesian economic system.
Uncover the fundamental role of Marginal Propensity to Import (MPM) in global economics, its impact on trade, and how it varies between developed and developing nations.
Explore the realm of imports in global trade, highlighting economic impacts, trade agreements, and key examples like NAFTA and USMCA's influence on trade.