What difference between trade in goods and trade in services

Assignment Help Microeconomics
Reference no: EM13871021

1. Why are you interested in international economics? What is motivating you? How are your interests, major, or profession affected by the world economy?

2. What are the four windows on the world economy?

3. What is the difference between trade in goods and trade in services?

4. What is the difference between international trade and foreign direct investment?

Reference no: EM13871021

Questions Cloud

A debt service fund previously retired the total principal : A Debt Service Fund previously retired the total principal and the interest in full on an out-standing bond issue. Currently the fund carries a balance of $ 300,000. These resources can be spent by the General Fund in any way the city manager cons..
What are the main trends in global poverty : Why is degree of world income inequality measured at purchasing power parities lower than that measured at exchange rates? What are the main trends in global poverty, and how do these trends differ from region to region?
Protections in the voting rights act : What is the relationship of the protections in the Voting Rights Act to protections for minorities in Title VII? Do you think the same arguments can be made that the protections in Title VII are no longer necessary due to social changes over the ..
The appropriate governmental type fund : Prepare all the journal entries necessary to record these transactions in the appropriate governmental type fund(s) and identify the fund(s) used.
What difference between trade in goods and trade in services : What is the difference between trade in goods and trade in services? What is the difference between international trade and foreign direct investment?
What challenges are facing in becoming packaging neutral : what challenges are they facing in becoming packaging neutral and what do you think it means to become packaging neutral? According to their website.
Aggie corporation purchased available for sale securities : Refer to the information in RE 15 1. Assume that on February 1, Year 2, the Aggie Corporation sold its investment in Bike Company stock for $6,400. Prepare the journal entries of Aggie Corporation to record the sale and adjustment of the unrealized g..
Discuss how each of the challenges should be managed : Identify the top three challenges involved in the situation at Brownstown and your rationale for choosing these - Come prepared to discuss how each of the challenges should be managed/mitigated
What is the net advantage to leasing : What is the net advantage to leasing

Reviews

Write a Review

Microeconomics Questions & Answers

  The absolute value of the elasticity of demand

Suppose that the market for gnomes is yet to reach equilibrium, and that the current price and quantity in the market for gnomes.

  What is the conclusion that was probably incorrect

The manager concluded that they were most likely to win when the third-string team played the most, and he therefore recommended that the third-stringers should become the first string.

  Decide the uniform amount the capacity

Cougar Telemarketing is considering establishing a call center. The initial cost will be $2,750,000 with a $27,500 market value any time within a 13-year period. The fixed cost of the center will be $816,446 per year with an average variable cost of ..

  Explain the five economic functions of contract law

Explain the five economic functions of contract law - explain the difference between moral hazard and adverse selection.

  Discuss your basic understanding of each strategy

Consider the differences between qualitative, quantitative, mixed methods, and action research and Discuss your basic understanding of each strategy - Discuss your basic understanding of each strategy.

  Write the major factors that have affected us household

what are the major factors that have affected u.s. household consumption since the recession in 2001?briefly explain

  Production of tablets is capital-intensive-labor-intensive

Suppose the U.S. and Mexico both produce 2 goods, tablets and cereal, using 2 inputs, capital (K) and labor (L). The production of tablets is capital-intensive, and that of cereal is labor-intensive. The U.S. is a capital-abundant country, and Mexico..

  1 consider a country in which there are 2 sectors called

1. consider a country in which there are 2 sectors called sector 1 and sector 2. the production functions and the

  What price and quantity maximize total revenue

Alexander Machine Tools faces the demand curve P = $70 - 0.001Q. What price and quantity maximize total revenue? What is the price elasticity at this point?

  Calculate the herfindahl-hirschman index for the industry

Calculate the six firm concentration ratio and Herfindahl-Hirschman index for this industry. What does each of these measures have to say about the degree of concentration in the industry

  Explain why your chosen product would be a good candidate

Identify a product that could be promoted using a social networking site such as Facebook. In about 100 words, explain why your chosen product would be a good candidate for a social networking-based promotion strategy.

  Elasticity-a the price of good x goes up by 275 the

elasticity-a the price of good x goes up by 2.75 the quantity demanded of good y goes from 10500 units to 25000. what

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