What comparative advantage does this news clip identify

Assignment Help Macroeconomics
Reference no: EM13201288

Postcard: Bangalore. Hearts set on joining the global economy, Indian IT workers are brushing up on their interpersonal skills.
The huge number of Indian workers staffing the world's tech firms and call centers. possess cutting-edge technical knowledge, their interpersonal and communication. Skills lag far behind. Enter Bangalore's finishing schools.
Times, May 5, 2008
a. What comparative advantage does this news clip identify?
b. Using the information in this news clip, what services do you predict Bangalore (India) exports and what services do you predict it imports?
c. Who will gain and who will lose from the international trade that you describe in your answer to b?

Reference no: EM13201288

Questions Cloud

Depict a matlab program to value a swing swap : Write a Matlab program to value a swing swap, Program a Monte Carlo model for options on Energy. It should be mean-reverting and include spikes. Give several alternative structures
Compute the demand schedule the number of workers hire : compute the demand schedule showing the number of workers hired for all wages from zero to $100 a day. What happens to this demand curve if the price of output rises from $10 to $12 per unit?
State the survey takers predict candidate a should receive : A survey of 1000 registered voters revealed that 450 people would vote for candidate A in an upcoming election. If 220,000 people vote in the election, how many votes would the survey takers predict candidate A should receive?
State how much energy is needed to pump all the water : How much energy is needed to pump all the water to the top of the tank? How much energy is needed to pump all the water to a point 3 m above the top of the tank?
What comparative advantage does this news clip identify : Hearts set on joining the global economy, Indian IT workers are brushing up on their interpersonal skills.The huge number of Indian workers staffing the world's tech firms and call centers. possess cutting-edge technical knowledge, their interperso..
Compute a strategy out when the supernova actually occures : execute a strategy out when the supernova actually occures, relative to when the chinese astronomers saw the explosion
State the demand function for a certain make of replacement : The demand function for a certain make of replacement cartridges for a water purifier is given by the following equation where p is the unit price in dollars and x is the quantity demanded each week
What range of payments will the farmer accept : What are the highest and lowest payments from the writer that the beekeeper farmer team will accept for the sixth day Assuming that the beekeeper accepts Assuming that the beekeeper gets the amount,
Program a monte carlo model for options on energy : Program a Monte Carlo model for options on Energy. It should be mean-reverting and include spikes. Give several alternative structures. How much would be issued in each tranche and what coupon would each tranche pay

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!

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