Reference no: EM13994977
Global Economic Analysis Question
1. Suppose that each worker in the Home country produces three computer or two TVs, and that each worker in the Foreign country produces two computers or three TVs. Assume that each country has four workers.
a) In which good does Home have absolute advantage? Foreign?
b) Graph the production possibility frontiers (PPF) for both Home and Foreign countries. (Please, let the amount of computers produced be measured on the horizontal axis.)
c) What is the slope of PPF at Home? At Foreign?
d) In which goods do Home and Foreign have comparative advantages, respectively?
Suppose that, with international trade, the world relative price of computers is determined at (Pc/Ptv)^w = 1, where Pc is the pice of computers and Ptv is the price of TVs.
On your answer at (b) indicate a point (B) at which the production of Home occurs. Do the same work for Foreign.
e) For each country, draw a line starting at point B in (d) and with a slope equal to the negative of world relative price of computers. Does each country gain from trade? Explain why or why not.
|
Calculate the standard deviation of the mvp
: Of all the combinations of these two stocks, the portfolio with the smallest standard deviation (i.e., the MVP) has weights of 56% in WNOand 44% in RPS. Calculate the standard deviation of the MVP.
|
|
Calculate the 1st order correction in the nth energy level
: Calculate the 1st order correction in energy of the 1st excited state of 2d harmonic oscillator which is doubly degenerate. Compare the result with the exact energy expression of H in 1st excited state. Also calculate the correction in the wavefun..
|
|
What is the current that flows through the circuit
: If the same battery is connected across the top and bottom faces of the block as shown in the right figure, what is the current I2 that flows through the circuit? Give your answer in terms of I1.
|
|
Asset a commercial office building in lincoln
: Corpus Properties, LLC has recently acquired as its only asset a commercial office building in Lincoln, Nebraska. The building is 60% leased, although the primary tenant (comprising 25% of the building's rental income stream) has just filed for bankr..
|
|
Global economic analysis-production possibility frontiers
: Suppose that each worker in the Home country produces three computer or two TVs, and that each worker in the Foreign country produces two computers or three TVs. Assume that each country has four workers. In which good does Home have absolute advanta..
|
|
Result in an irs audit
: Suggest two (2) specific deductions or losses that would most likely result in an IRS audit. Outline the key advice that you would give to a client who wishes to take the specific deductions or losses and avoid an audit simultaneously. Support your p..
|
|
What are some exchange rate regimes
: What are some exchange rate regimes? How does the exchange rate determine a business' competitiveness in the world economy?
|
|
Prepare the appropriate journal entry to record
: What is the net realizable value (book value) Manda Panda should report in its 2011 balance sheet?
|
|
Restrictions on tax deductible and deductions and losses
: From the e-Activity, indicate the case and provide a brief synopsis of the issue in question. Next, evaluate the degree to which the claimed business deduction(s) for the specific case you researched meet(s) the tests for being ordinary, necessary, a..
|