What effect should the factors have on export trade and why

Assignment Help International Economics
Reference no: EM13214256

if unit labor costs in Spain and Portugal rise, but unit labor costs in Germany decline and other producer prices remain unchanged, what effect should these factors , by themselves, have on export trade, and why?

Reference no: EM13214256

Questions Cloud

Determine total market value of all final services produced : Suppose the total market value of all final goods and services produced this year in economy X is $4 million. Of the $4 million worth of goods, $3 million is sold and $1 million is held in inventory. For this year, the GDP for economy X is
Evaluate the new engraving machine project : New computer-aided engraving machine refers to expected total inventory held and calculate the NPV to evaluate the new engraving machine project and provide a recommendation to Stan
Explain what is the minimum distance that the moving mirror : What is the minimum distance that the moving mirror in the FTIR instrument must transit to resolve these two resonances?
Explain what is the density of milk : the density of milk is 1.04 g/ml, how many milligrams of milk are in 0.50 qt of milk? (1L=1.057 qt, 1000g=1Kg, 1000ml=1L, 1000mg=1g)
What effect should the factors have on export trade and why : if unit labor costs in Spain and Portugal rise, but unit labor costs in Germany decline and other producer prices remain unchanged, what effect should these factors , by themselves, have on export trade, and why
Explain energy raised the temperature of a lead sample : The specific heat of lead is 0.0380cal/g degree celcius. If 47.0 calories of energy raised the temperature of a lead sample from 28.3 degrees celcius to 30.1 degrees celcius.
Estimate the current value of each security : On the basis of this information, estimate the current value of each security, showing calculations for all parts
What effective price increase is facing japan-airlines : If Boeing's dollar aircraft prices increase 20% and the yen /dollar exchange rate decline 15% , what effective price increase is facing Japan air Lines for the purchase of a Boeing 747 Would Boeing's margin likely rise or fall
Explain how to draw the lewis structure : how to draw the Lewis Structure for this. The complete questions says: "Lithium aluminum hydride, LiAlH4, contains both ionic

Reviews

Write a Review

International Economics Questions & Answers

  Limit exports to the united state

In 1981, the United State negotiated a contract with the Japanese. The contract called for Japanese auto firms to limit exports to the United State.

  Can have both comparative and absolute advantage in trading

If you were President of the US and you were making decisions on trading, would you rather have a comparative or absolute advantage in trading If so, what if at all would be the benefit for your country to trade with any other country

  Which of these three firms is a legal monopoly

The United States Postal Service has a monopoly on non-urgent First Class Mail and the exclusive right to put mail in private mailboxes. Pfizer Inc. makes LIPITOR, a prescription drug that lowers cholesterol. Cox Communications is the sole provide..

  Explain increasing returns to scale

Describe the increasing returns to scale as a basis for international trade. Be sure that you discuss the relevant concepts, explain important features of such trade,

  Discuss comparative advantage

Assume that in England five man hours of labor are needed to make each cask of wine and five man-hours are needed to produce each bolt of cloth,

  What is the socially efficient combination

Construct a table indicating the social expected loss corresponding to each combination of precaution choices by the two individuals and what is the socially efficient combination?

  Analyzing intra-industry international trade

Develop a detail paper analyzing Intra-Industry International Trade.  Your paper should be APA format and structured as follows

  Principle theories of why trade occurs

Explain the concept of comparative advantage and the principle theories of why trade occurs and analyze and discuss the sources of comparative advantage in national economies.

  How much labor and capital will the firm employ

A contractor for the U.S. Defense Department produces airplanes from capital (K) and labor (L) by the production function: A = K times L 2 The marginal product of labor (MPL) = 2KL. The marginal product of capital (MPK) = L 2 .

  What would happen to the exchange rate of two countries

From the same problem, suppose monetary expansion in the US caused all prices in the US to increase by 50%, so the turkey would be 45 US dollars, then what would happen to the exchange rate.

  What happens to surplus when tariff is put into place

The government institutes a tariff of 100. The drives the terms of trade price down to 120. Compared to free trade, what happens to total surplus when the tariff is put into place?

  Question about heuristics

Heuristics are usually identified as rules of thumb that we use when making decisions. We evaluate information we already know, events we have already experienced,

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