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1 market demand is given by p 140 -q there are two firms each with unit costs 20 firms can choose any quantity find
if the central bank such as the fed in the us of a country is steadily losing their foreign exchange reserves under a
because real investment by foreigners expands a countryrsquos capital stock and hence presumably its output and income
economists frequently point out that factor movements between two countries can be a substitute for goods movements
the recent immigration of labor into the united states from mexico has led to increased calls for new restrictions on
the impact of labor migration on patterns of international trade depends on the characteristics of the labor migrants
many industrialized countries such as the united states attempt to seriously restrict immigration of production workers
direct investment inflows by foreigners into the united states have been sizable in recent years how might this net
explain the underlying basis for foreign direct investment and discuss several factors that may contribute to it what
a define the five types of ldquoproduction effectsrdquo of economic growth in a country other things equal if one
a define the five types of ldquoproduction effectsrdquo of economic growth in a country and the five types of
why is it difficult to analyze the welfare implications of growth in the neoclassical model what proxy is often used to
in recent decades trade has been growing faster than income for many countries what combination of trade effects is
present in detail the following two theoriesmodels associated with ldquopost-heckscher-ohlinrdquo trade theory in the
define ldquointra-industry traderdquo and indicate several reasons why such trade can take place in any given product
why might it be hypothesized that a typical developed country is likely to have a greater relative amount of
suppose someone stated that the heckscher-ohlin model is best-suited for explaining trade between developed countries
if economists wish to determine relative factor abundance across countries why donrsquot they simply calculate wr
the european union has heavily protected its farm sector through import duties in addition the union subsidizes its
suppose that you test the linder hypothesis by comparing germanyrsquos absolute difference in per capita income from
the text notes that if demand reversal were the cause of the leontief paradox then labor would be relatively cheap in
if factor-intensity reversals were indeed prevalent in the real world how might this fact be used to explain the
how can it be said that the factor-content approach ldquorevealsrdquo a countryrsquos factor abundance what assumptions
1 what is the difference between gross domestic product gdp and gross national product gnp what is the difference in
all other things being equal by how much will nominal gdp expand if the central bank increases the money supply by 100