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Q. If a scale economy is the dominant technological factor establishing or defining comparative advantage, then the underlying facts explaining why a particular country dominates world markets in some product can be pure chance, or historical accident. Explain, and compare this with the answer you could give for the Heckscher-Ohlin model of comparative advantage.
Answer: This statement is correct since the reason the seller is a monopolist may be that it happened to have been the first to produce this product in this country. It may possibly have no connection to any supply or demand related factors nor to any natural or man-made availability. This is all closely the opposite of the Heckscher-Ohlin Neo-Classical model's explanation of the determinants of comparative advantage.
Q. Using the GG - LL framework, analyze the effect of an increase in the size and frequency of sudden shifts in the demand for a country's exports. Answer: Such a alter pus
Although the elegance and comprehensiveness of transactions costs reasoning has provided the internalisation approach with a powerful logic (Rugman, 1981, 1985), it is still defici
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Q. Explain the Asian financial crisis as it unfolds beginning with the valuation of the Thai currency in July 1997, followed by the Malaysian, South Korean and Indonesian crises.
Is a depreciation of the dollar/euro exchange rate correlated with a decrease in the dollar return on U.S. deposits? Answer: No, suppose that the Interest Parity is maintained
Regulation of International Finance
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I need a research essay about the effects socially and economically of nationalization of the YPF with 8 pages. How much it costs?
alternative explanations to the theory of international trade.
Explain the Partial Globalization of International Finance
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