What is meant by the factor endowment theory, Business Economics

Assignment Help:

Question 1:

a) Explain, with the use of examples, what is meant by the ‘Factor Endowment Theory'.

b) According to you, can the ‘Factor Endowment Theory' be a reasonable explanation of the pattern of world trade nowadays?

Question 2:

a) Identify and explain any 3 types of non-tariff barriers (NTBs).

b) According to you, are tariffs or NTBs more distortionary to trade?

Question 3:

a) Explain the principle of ‘Liberalisation' and ‘Non-discrimination' as laid down by GATT 1947.

b) According to you, are these principles beneficial for developing countries (including least developed countries)?

Question 4:

The Trade Related Aspects of Intellectual Property Rights (TRIPs) agreement has largely influenced global trade since 1995.

a) Explain what intellectual property rights are and why they are applied.

b) Discuss why NGOs have been protesting against the inclusion of TRIPs agreement into World Trade Organisation (WTO) rules.


Related Discussions:- What is meant by the factor endowment theory

Explain the implications international capital flows problem, Explain the i...

Explain the implications international capital flows problem. Implications: • FDI can assist physical capital accumulation and result within growth - usually beneficial b

Fixed vs. flexible exchange rate, what is fixed vs.flexible rate of exchang...

what is fixed vs.flexible rate of exchange agreement?

How can the savings gap be plugged, How can the savings gap be plugged? ...

How can the savings gap be plugged? Low savings are a barrier type to growth. All developing countries have low incomes therefore low savings. A savings gap can be met through

User affects of involvement and support for is project, Explain the user af...

Explain the user affects of involvement and support for IS project. User involvement and support: The commitment of employers and user management to the project can’t be

What do you understand by products differentiation, Question 1: Write s...

Question 1: Write short notes on any FOUR of the following: (equal marks each) (a) Law of diminishing returns (b) Barriers to entry (c) Consumption Function (d) Devaluati

Population Growth, Explain the notion of the hidden momentum of population ...

Explain the notion of the hidden momentum of population growth. Why is this an important concept for projecting future population trends in different developing nations?

Aati, need assistance

need assistance

Exel, Can you help me with my assingment exael

Can you help me with my assingment exael

Dynamic Multiplier, #what questDynamic Multiplier, Economicsion..

#what questDynamic Multiplier, Economicsion..

Economic growth always benefits an economy, QUESTION a) Explain with th...

QUESTION a) Explain with the use of appropriate techniques how can an increase in investment spills over to other sectors in the economy and what affects the final impact on ec

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