Describe how a country producing more capital goods

Reference no: EM13266758 , Length: 800 Words

1. Describe how a country producing more capital goods rather than consumer goods ends up in the future with a PPF that is larger than a country that produces more consumer goods and fewer capital goods.

2. The United States has an absolute advantage in making many goods, such as short sleeve cotton golf shirts. Why do Costa Rica and Bangladesh make these shirts and export them to the United States

3. Why is it that America uses heavy street cleaning machines driven by one person to clean the street, while China and India use many people with brooms to do the same job ?

4. If specialization and trade as discussed in this chapter lead to a win-win situation where both countries gain, why is there often opposition to trade agreements and globalization .

Reference no: EM13266758

Questions Cloud

Is there anything that you dont agree with : What did you learn from reading a summary of "A Random Walk Down Wall Street" and how will you apply it in your investing life? Is there anything that you don't agree with?

Define information security standards : A number of organizations exist to define information security standards. Explain the importance of standards organizations with regard to both information systems and information systems security.

Write an instruction sequence to subtract the 6-byte number : Write an instruction sequence to subtract the 6-byte number stored at $800-$805 from the 6-byte store a $810-$805, and save the result at $900-$905

Are there any potential disadvantages : Dividend Reinvestment Plans (DRIPs) are rarely heard of, yet most publicly traded companies offer one. Briefly list the advantages of participating in a DRIP. Are there any potential disadvantages? If so, what are they?

Describe how a country producing more capital goods : Describe how a country producing more capital goods rather than consumer goods ends up in the future with a PPF that is larger than a country that produces more consumer goods and fewer capital goods.

Compute the output response for all tgreater : A causal linear time-invariant continuous-time system has impulse response of h(t) when t is greater or equal to 0. compute the output response for all tgreater then or equal to 0 when the input is the unit step function u(t).

What about the continously compounded rate of change : what do you think the stock price will range with a 95% probability over the next two months? what about the continously compounded rate of change in the stock price?

What is the maximum profit and the maximum loss : Graph the profit potential (if any) for this position. What is the maximum profit and the maximum loss the trader can incur? At what price of the stock does the diagonal spread break-even?

Determine the pressure difference due to the pump : Water is pumped from a lake to a storage tank 24 ft above at a rate of 1 L/s while consuming 126.3 kW of electrical power. The pump has an efficiency of 65% and there are no significant changes in velocity of the water. Assuming that the pipes are sm..

User Account

All Pages