Extensions and tests of the classical model of trsde, International Economics

#question.suppose that France has a trade surplus with the United Kingdom. What would you expect to happen to price, wages, and commodity price in France? why? What would happen to the terms of trade between the two countries?
Posted Date: 10/20/2012 2:15:16 AM | Location : United States







Related Discussions:- Extensions and tests of the classical model of trsde, Assignment Help, Ask Question on Extensions and tests of the classical model of trsde, Get Answer, Expert's Help, Extensions and tests of the classical model of trsde Discussions

Write discussion on Extensions and tests of the classical model of trsde
Your posts are moderated
Related Questions
Q. "Although the price levels appear to display short-run stickiness in many countries, a change in the money supply creates immediate demand and cost pressures that eventually lea

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

Q. Developing countries have often attempted to establish cartels so as to counter the perceived or actual inexorable downward push on the prices of their exported commodities. OP

Q . Is it possible that if positive scale economies characterize an industry, that its equilibrium can be consistent with purely competitive conditions? Explain how this would hap

Critically evaluate adam smith''s theory of absolute advantage, outlining the assumptions necessary for the theory. Criticism of the theory?

Question : (a) What are the rationales for interest and currency swaps? (b) Suppose a Swiss firm, SandyCom Ltd, wants to invest in the U.S. The Swiss firm needs US dollars

what are the limitations of net barter terms of trade

Q. The two deadweight triangles are the Production distortion and Consumption distortion losses. It is simple to understand why the Consumption distortion constitutes a loss for

Q. What factors lie behind capital inflows to the developing world? Answer: Several developing countries have received a lot of capital inflows that lead them to an

Q. Other things being equal, a rise in a country's terms of trade enhances its welfare. What could happen if we relax the ceteris paribus assumption, and allow for the law of dema