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February 19, 2016

Examine the source of morality and how you understand the connection between virtue and happiness

a)Define National income(2marks)

b)Outline any three approaches used in measuring National income (6mark)

c)List any characteristics of money that makes it sustain to be as a medium of
exchange (5marks)

d)Define international trade(3marks)

e)What are the reasons for development of international trade? (5marks)

f)Give reasons for protectionism (5marks)

g)Explain ways of restricting international trade (4marks)

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