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q why do we observe the leontief paradoxanswer there are several possible answers that they may be categorized into three groups one would argue
q why is the ho model called the factor-proportion theoryanswer the ho model survey the limitations and the nature of presumptuous that the sole
q countries do not in fact export the goods the ho theory predicts discussanswer this statement isnt true that though one may find several cases
q countries that are willing to tolerate an unusually high quantity of pollution relative to their supplies of other factors would leads to export
q international trade leads to complete equalization of factor prices discussanswer this statement is usually truebut under a limited and strict
q there is frequently a conflict between short-term and long-term interests in trade discussanswer in trade models that the short term is usually
q no country is abundant in everything discussanswer the idea of relative country factor abundance is like factor intensities a relative concept
q a good cannot be both land- and labor-intensive discussanswer in a two good or two factor models for instance the original heckscher-ohlin
q calculate the effects of the fall in the relative price of good 2 on the income of the specific factors capital and landanswer for the reason
q suppose the relative price of good 1 falls relative to the price of what happens to the wage rateanswer the labour component of the price of 1
q in 1986 the price of oil on world markets dropped sharply since the united states is an oil-importing country this was widely regarded as good for
q even though it is very clear in the context of the specific factors model that an expansion of international trade will make losers as well as
q one reason international trade has a powerful effect on the distribution of income within countries is that some factors are specific and therefore
q it is claimed that the persistence of protectionism is often the result of the fact that those who lose from trade are usually a much more informed
q the specific factors model clearly illustrates how the expansion of trade can have significant distributional effects on the relative incomes of
q the specific factors model makes a distinction between general-purpose factors that can move between sectors and factors that are specific to
what constitutes the basis for trade what are the gains from trade in terms of production and consumption use theories and examples from a country
importance of international trades the basis of international trade is to be found in the diversity of economic resources in different countries all
illustrate the circular flow of income of an open economy and explain the effects of various injections and withdrawal in the circular
international relations ir is the study of relationships among countries including the roles of states inter-governmental organizations igos
financial analysis to deeply understand the lenovos performance for recent years we get more details on its financial figures 1 compare with the
bullwhat is the motive for expanding into foreign markets and more specifically why the chosen countybullanalysis of at least three alternative
construct a production possibilities frontier that represents japan3939s goal of producing both cars and housing assume the japanase economy is in a
1 write about masculinity vs feminity of culture2 write a note on lsquoorganic effect that affect the decision making process3 what is lsquoad
in as much as sovereign wealth funds swfs are established to achieve national objectives the intentions of the united arab emirates -- one of the