User Account

All Pages

What is heckscher-ohlin prediction for pattern of trade

Assignment Help International Economics
Reference no: EM13140225

The country of Pugelovia has an endowment (total supply) of 20 units of labor and 3 units of capital, whereas The Rest of the world has 80 units of labor and 7 units of capital. Use the ratios of labor to capital and/or capital to labor in both countries to determine whether Pugelovia is labor-abundant or capital abundant. If car production is capital-intensive and cloth is labor-intensive, what is the Heckscher-Ohlin prediction for the pattern of trade between Pugelovia and The Rest of the world?

                                                                        Pugelovia                                            Rest of the world

Quanity of units of available Labor                            20                                                        80       

Qantity of of units of available Capital                        3                                                          7

Reference no: EM13140225

Questions Cloud

Find the empirical formula of compound : in an organic compound % of carbon is 75.2%,% of hydrogen is 10.75 and % of oxygen is 14.03..Find the empirical formula of compound?
Key features of a teacher role as model : key features of a teacher role as model, provider of experiences, and as interactor in promoting language learning and literacy
Calculate t value for independent groups for data : Draw the appropriate conclusions with respect to female and male human resource manager salary levels. Calculate the t value for independent groups for the following data. Check the accuracy of your calculations.
How many grams of f2 are needed : How many grams of F2 are needed to produce 158 g of PF3 if the reaction has a 79.8% yield?
What is heckscher-ohlin prediction for pattern of trade : Determine whether Pugelovia is labor-abundant or capital abundant. If car production is capital-intensive and cloth is labor-intensive, what is the Heckscher-Ohlin prediction for the pattern of trade between Pugelovia and The Rest of the world?
Find the measure of the central angle : Find the measure of the central angle with the arc length of 29.21 and the circumference of 40.44?
Explain what is the maximum message bandwith : What is the maximum message bandwith for which the system operates satisfactorily? Determine the output signal to quantizing noise ratio when a full-load sinusoidal modulating wave of frequency 1 MHz is applied to the input.
Berta pty ltd : Chevron began an action to sue Fine Furniture for damages of $700,000, being compensation for the increased cost of having to buy its furniture elsewhere. The action by Chevron was discontinued when Fine Furniture paid to Chevron $400,000 to settle t..
Regain a level of curiosity about history : What techniques could you use regain a level of curiosity about history or other subjects you learned about previously in schoo?

Reviews

Write a Review

International Economics Questions & Answers

  What will be the effects of an increase in the money supply

What will be the effects of an increase in the money supply

  Questions based on international business

Questions based on International Business

  calculate the series for nominal gdp

Calculate and Plot using a spreadsheet (like Ms Excel) the series for Nominal GDP

  Burger king beefs up global operations

Burger King Beefs Up Global Operations

  Consider two countries that share the same technology

Consider two Countries that share the same technology, South Africa and the UK, and two goods, Diamonds and Tea

  Find best the governance system of the eu

Which political system describes best the governance system of the EU? Is the governance system of the EU democratic? Why ‘yes', or why ‘not'?

  Review the country political economy

Political Economy and Foreign Direct Investment - Review the country's political economy

  Calculate the value of the intraindustry trade

Calculate the value of the Intraindustry Trade

  Identify the funding mechanism of the project

Identify the funding mechanism of the project, and the sources of funding. Identify the key players or stakeholders of the project. Who is supposed to benefit from the initiative?

  Alternative trade: legacies for the future

explain how  Alternative Trade: Legacies for the Future  supports or challenges your conceptualizations of trade and development. Are there themes that some of you agree upon? Do you disagree on others? Describe your conversation.

  Find the equilibrium interest rate

The consumption function is given by C = 200 + 0.75(Y - T ). The investment function is I = 200 - 25r, r is the real interest rate. Government buy and taxes are both 100.

  Country economic and trade summary reports

Global marketing managers must understand economics and trade rules of countries and regions within which they trade.

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