Comparative advantage or economies

Assignment Help Macroeconomics
Reference no: EM131163449

Comparing U.S. trade with Canada and India, is trade with Canada more likely to be based on comparative advantage or economies of scale? Why? How about India?

Reference no: EM131163449

Questions Cloud

Campaign manager for a politician : You are the campaign manager for a politician running for office in your country. He wants you to write a small speech showing the virtues of free trade, even with countries that seem "inferior" in technology. Write a paragraph or two explaining t..
Point price elasticity of demand : What is the point price elasticity of demand for a decrease in price from $6, quantity 9; TO $5, quantity 11?
How is the immune response to human tumors suppressed : What evidence do we have from population/epidemiology studies, manipulation of animal models, cells in culture, and tumor genomes to support the multistep progression?
Discuss the effectiveness of the supporting sentences : Readings for Writers in the course textbook, discuss the effectiveness of the supporting sentences in the previously selected paragraph. Provide two examples to support your opinion.
Comparative advantage or economies : Comparing U.S. trade with Canada and India, is trade with Canada more likely to be based on comparative advantage or economies of scale? Why? How about India?
What is the composition of vehicle paint layers : Trace evidence is often the key to an investigation and may be your only evidence. It is critical to understand what trace evidence can do for the investigator. What is the composition of vehicle paint layers? What is the best way to examine paint ..
Gold standard as a means to keep the dollar strong : Should America bring back the gold standard as a means to keep the dollar strong?
Identify specific examples to support your explanation : Outline the major societal arguments that influenced the U.S. Supreme Court decision in both cases and the subsequent reversal. Identify specific examples to support your explanation. Examine some of the specific arguments used by the Justices of the..
Restrict companies from hiring based on height : A study in 2005 reported that the average male CEO of Fortune 500 firms is 6 feet, about 2.5 inches more than the average male. Why might this be difficult to eliminate through laws that restrict companies from hiring based on height?

Reviews

Write a Review

Macroeconomics Questions & Answers

  Does short run decisions regarding shut down

Frank owns a soda fountain and sells milkshakes. he sells 50 milkshakes per day for $5 each. his daily cost is $290, of which $30 is fixed cost.

  This research focused on china economic expansion and

This research focused on China's economic expansion and increasing trade surplus with the United States which ongoing debate on the appreciation of RMD and its impact on ETF not only among USD but also world currency included in the domestic finance ..

  For the nation as a whole the expansion of production

for the nation as a whole the expansion of production of one product must involve a decrease in the availability of the other.

  How to stop operations in the short-run

Determine what managers can do to prepare for the possible change in short-run production. Pick a real or fictitious business. Create a scenario around this business in which a manager would decide to either stop operations in the short-run or goin..

  Effects of the strategies on both gdp and unemployment

One government strategy to provide for economic stability and encourage economic growth is to provide tax reductions or tax incentives for individuals and businesses. An alternative approach is to increase government spending to accomplish these g..

  Average consumer prices and new economic policy

Prepare a table/graph for inflation in "your country" (use North Korea for the country; if no data is available, use India) for about the latest ten year period for which you have data.

  Practising price discrimination

Explain why a monopolist can increase profits by practising price discrimination compared with using a single price to maximize profits? What are the different kinds of price discrimination?

  High employment deficit

The high employment deficit is estimated at $100 billion. Suppose that the ecomony is operating below full employment and that it will not overheat during year,

  Make an aggregate demand and aggregate supply graph

The data given below shows the situation in 2010 and 2011 if Fed does not use the monetary policy,

  Tools of supply and demand

The market for health care services can be examined using the tools of supply and demand. In this market, the quantity variable is hours of health care services. Consumers' demand health care services while doctors (or others) supply health care s..

  According to monetary theories of the business cycle

according to monetary theories of the business cycle fluctuations area. independent of the banking systemb. more

  Describing limit pricing

For several years, Palm was the dominant manufacturer of PDAs (personal digital assistants). However, a number of other manufacturers have since entered the PDA market.

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