User Account

All Pages

Least developed country cannot export anything

Assignment Help Macroeconomics
Reference no: EM131334616

Choose one of the following two questions to discuss. If there are two original posts related to one question, then you have to choose the other question for your original post.

1. The world's Least Developed Country cannot export anything. There is no abundant resource in that country, not capital or land. And, for poor and small nation, even labor is not abundant.

Discuss the above statement.

2. In the U.S., most blue-collar (unskilled) workers favor import restrictions from developing countries. Discuss and explain this fact using Hecksher-Ohlin theory.

Reference no: EM131334616

Questions Cloud

Find the probability that a codeword transmitted : Determine the probability that a codeword transmitted over the BSC is received correctly.
Changes in demand and supply occur : Now, suppose that the following changes in demand and supply occur: (1) a complimentary good goes down in price and (2) your costs of production decrease.
Write a biographical sketch of a famous person : Write a biographical sketch of a famous person who is no longer living, using at least three separate sources that are reliable and relevant.
How well does your selected company compare : How well does your selected company compare with its industry peer? Which components of your firm's ROE are superior, and which are inferior?
Least developed country cannot export anything : 1. The world's Least Developed Country cannot export anything. There is no abundant resource in that country, not capital or land. And, for poor and small nation, even labor is not abundant.
Fiscal policy to fix a recession : How would a Keynesian economist use fiscal policy to fix a recession? How would a Keynesian economist use fiscal policy to fix an inflation?
Inflation and nominal interest rates : How does the Money supply affect inflation and Nominal interest rates? Explain.What is purchasing - power parity and how does it explain nominal exchange rates?
Rowell-sirois commission : The quality of education and welfare services is no longer a matter of purely provincial and local concern. In Canada today, freedom of movement and equality of opportunity are more important than ever before
Find the capacity of this channel : If a discrete-time memory less Gaussian source with a variance of 4 is to be transmitted by this channel, and for each source output, two uses of channel are allowed, what is the absolute minimum to the achievable squared-error distortion?

Reviews

Write a Review

Macroeconomics Questions & Answers

  Inflation targeting be a good policy

Why might it be difficult for the Fed to formally adopt inflation targeting?  Would inflation targeting be a good policy for the Fed in the present economic environment

  In using the taylor rule

In using the Taylor Rule as a guideline for monetary policy, what are the pros and cons of using forecasted values of inflation and output rather than observed values of these variables?

  Describe the present economic crisis situation in europe

Describe the present economic crisis situation in Europe.  Why has it been so difficult for the Europeans to find a solution to this problem?   Comment on what implications the crisis may have for the rest of the world if Europeans are not able to ag..

  Long-term federal government budget problems

Question:. Explain why there are long-term Federal government budget problems. Explain why the base-line forecast of the CBO is misleading.

  Derive and compare demand curve

Question based on Derive and compare demand curve,  Derive Ambrose's demand function for peanuts. How does it compare with Johnny's demand curve for peanuts?

  Problem based on utility function

Problem based on  Utility Function - Problem,  Answer and explain the following using a diagram which is completely labeled.

  Laffer curve : tax rate and tax revenue

Question based on Laffer Curve : Tax Rate and Tax Revenue,  Do raising tax rates necessarily raise tax revenue? What factors affect how tax revenue changes when tax rates change?

  Problem - income elasticity of demand

Problem - Income Elasticity of Demand,  Interpret the following Income Elasticities of Demand (YED) values for the following and state if the good is normal or inferior; YED= +0.5 and YED= -2.5

  Positive balance of payment

Question Positive Balance of Payment: "Things will look good for the US if we could just get to where we are consistently running a positive Balance of Payments."

  Effect of recession on the investment curve

Comment on the effect of a recession on the investment curve (only) and on the level of savings, investment, and the equilibrium real interest rate in the financial crisis that hits United States first starting in fall 2007.

  Affect of falling domestic investment on trade surplus and

How will a fall in domestic investment affect the trade surplus and net capital outflows in the domestic economy, the trade deficit and capital inflows in the rest of the world.

  Crises in the banking sector and bank run

Banking crises crisis decreases depositors' confidence in the banking system. What would be the effect of a rumor about a banking crisis on checkable deposits in such a country?

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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