Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Q. Suppose Australia, a land (K)-abundant country and Sri-Lanka, a labor(L)- abundant country both produce labor and land intensive goods with the similar technology. Following the logic of the Heckscher-Ohlin model, what will be the incentive for migration once trade is taken between these two countries?
Answer: Once trade is set up there is no longer any incentive for economic-based immigration since the actual wages will be equalized in both. If a tariff is set up in Australia after that the price of the labour intensive good will be higher in Australia as will be the marginal product of labour and therefore the real wage of workers there. Therefore workers will immigrate from Sri-Lanka to Australia until the two domestic prices are equalized.
As the world seeks to find alternative means to produce clean power, fuel cells emerge as a promising source of power generation. Depending on their type, fuel cells can be utilize
Q. Explain how the money markets of two countries are linked through the foreign exchange market. Answer: The financial policy actions by the Fed affect the U.S. interest rate
Q. Why do governments prefer to avoid excessive current account surpluses? Or, why are growing domestic claims to foreign wealth ever a problem? Answer: On behalf of a given l
Q. Evaluate the economic policies of Juan Peron, the husband of the famous Evita? Answer: Once Peron got the power in 1946 in Argentina the economy that at that time
Summarized the basic tenets of the arguments in this case
Describe the State and the Multinationals
Open Cities & Open Coastal Areas: like the Sezs, aimed at attracting foreign investments and technology. They are : Dalian (Liaoning province); Qinhuangdao (Hebei), Tianjin, Yant
What is trade under decreasing opportunity cost?
What is the role of foreign trade in an economic development of a country
Is there is Liquidity in the international monetary system
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!
whatsapp: +91-977-207-8620
Phone: +91-977-207-8620
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd