ICT trade and application of theories

Assignment Help Business Economics
Reference no: EM133224220

Question 1 - ICT trade and application of theories

a. Collect data on exports and imports of ICT (Information and Communication Technology) goods: Korea, Malaysia and Vietnam. Data should include: exports, imports, total exports and imports, trade balance, and intra-industry trade index (you can calculate the Grubel-Lloyd index) during the period 1990 - now.

b. Which country has experienced the highest increase in the ICT trade flows? Compare and contrast between countries in the group

c. Explain the growth of ICT trade in Vietnam based on trade theories learnt. Your discussion should include these theories:

i. Hecksher - Ohlin

ii. Increasing Returns to Scale and intra industry trade

iii. Offshoring

Discuss which theory/theories explain(s) the pattern of trade the best and which one(s) might not fit. Which countries are top ICT exporters into Vietnam and top importers from Vietnam Does this fit with the theories learnt?

Reference no: EM133224220

Questions Cloud

Discuss the structural and practical factors : Explain how the fed is a highly independent central bank. be sure to discuss the structural and practical factors
The money multiplier and money supply : explain how a change in each factor affects excess reserves, the money multiplier, and the money supply.
Current events involving adverse selection or moral hazard : Identify an example of a management scenario from your own experiences or current events involving adverse selection or moral hazard.
Amendments reflect political principles of rule of law : how does the constitution and its amendments reflect the political principles of rule of law, checks and balances, separation of powers, republicanism,
ICT trade and application of theories : Which country has experienced the highest increase in the ICT trade flows? Compare and contrast between countries in the group
What are the suitable communication methods applicable : QUESTION: What are the suitable communication methods applicable in this narrative, with the relevant stakeholders. Provide your justification.
Understanding of socio-cultural and technical dimensions : At the end of this case, students should have a practical understanding of the socio-cultural and technical dimensions of project management, be able to apply
Reflect on the process by answering : Self-Reflection about the project, reflect on the process by answering the statements below: What I did: (explain what you or your group did to complete project
What is the legislation and regulations called : Summarise legislation and regulations (at least one each) applicable to workplace health and safety (WHS).

Reviews

Write a Review

Business Economics Questions & Answers

  Apply the midpoints approach to the elasticity of supply

ADVANCED ANALYSIS Currently, at a price of $2 each, 200 popsicles are sold per day in the perpetually hot town of Rostin. Consider the elasticity of supply. In the short run, a price increase from $2 to $4 is unit-elastic (Es = 1). In the long run, a..

  What this image looks like and why

If we draw his indifference curves with good 1 on the horizontal axis and good 2 on the vertical axis, what this image looks like and why?

  Best affordable bundle

John always uses exactly two pats of jam (J) on each piece of toast (T). if toast costs $0.25/slice and jam costs $0.10/pat, find John's (i) budget constraint (the equation) and (ii) best affordable bundle, if he has $18/week to spend on toasts an..

  Successful collective bargaining in the union sector causes

According to Becker's theory, employees and employers are hurt by discrimination. The National Labor Relations Board (NLRB): Which of the following occurrences will cause an upward shift in the supply curve for investable funds within the human capit..

  Fish house be inclined to make the investment

Freds Fish House is contemplating an investment of $50,000 in new shrimp boat and deep fryers. Management of this company predicts a 6.3 percent annual return on this investment. The current market rate of interest is 5.6 percent. At which of the mar..

  Vertical and horizontal boundaries of firms

How might the absence affect the vertical and horizontal boundaries of firms there?

  Optimal package size and optimal package price

The American Baker’s Association reports that annual sales of bakery goods last year rose 15 percent, driven by a 50 percent increase in the demand for bran muffins. Most of the increase was attributed to a report that diets rich in bran help prevent..

  The world trade organization was

The World Trade Organization was

  Will adding another increase output by as much

imagine a backyard garden of fixed size and all other inputs except labor also fixed ; will adding a worker increase your output? Will adding another increase output by as much? another?

  Eliminating the payer affect supply-demand and price

Why is the cost of health care so high in the U.S. and the U.S. does not have the best system. If a person has co-pay health insurance what does he/she base his/her purchase decision on, the real price or what actually comes from his/her pocket? How ..

  What is the source of the network effect

Since its founding in 331 B.C.E., the city of Alexandria has been a center of trade for the Mediterranean countries, as well as the Middle Eastern countries. Part of this is due to geography, but it is also due to the network effect. What is the sour..

  One thousand dollars is deposited into an account

One thousand dollars is deposited into an account that pays interest monthly and allowed to remain in the account for three years. If the annual interest rate is 6%, the balance at the end of the three years is closest to

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd