Homeowork 1, International Economics

Assignment Help:
Canadian consumers have 50 dollar in come this is eual to the gross domestic product. they spand 35 dollars on comuser goods (25 on canadian goods annd 10 on imports) they save 8 dollars and pay 7 dollars in taxes. the goverment collectss 7 dollar sin domestic investment spending. The goverment and firms buy no imports. what is canada''s current account (surplus or deficit) balance? Explain how you go your answer.

Related Discussions:- Homeowork 1

Trams of trade, different between her barter terms of trade and net barter ...

different between her barter terms of trade and net barter terms of trade

Herbeler''s increasings cost doctrine, How do countries gain under the incr...

How do countries gain under the increasing cost assumptions

Conflict between short-term and long-term interests in trade, Q. There is ...

Q. There is frequently a conflict between short-term and long-term interests in trade. Discuss. Answer: In trade models that the short term is usually defined as that (conce

Income distribution, argument about fair distribution of income and gnp as ...

argument about fair distribution of income and gnp as a measurment of economic growth

Gross barter terms of trade, tion..What is the range of gross barter terms ...

tion..What is the range of gross barter terms of trade ?

How much steel will the monopolist sell, Q . Now the monopolist discovers ...

Q . Now the monopolist discovers that it will export as much as it likes of its steel at the world price of $5/ton. It will thus expand for- export production up to the point whe

International trade commission proceedings, Q. It can be demonstrated that...

Q. It can be demonstrated that any protectionist policy, which effectively shifts real resources to import competing sector or industry, will harm export industries or sectors. T

Effects of german unification on germanys interest rate, Q. Explain the pur...

Q. Explain the purpose of the following figure. Show the effects of German unification on Germany's interest rate. Answer: The major purpose is to show that different i

Write Your Message!

Captcha
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