Substantial effect on trade in wealthy countries

Assignment Help Business Economics

Reference no: EM133637535

Question

Let's assume that it is true that increasing tariff rates has a substantial effect on trade in wealthy countries, but little effect in poor countries. However, a researcher failed to add an interaction term to account for this conditional relationship. Which of the following problems would this represent? Group of answer choices Endogeneity Selection bias Omitted variable bias Ineffeciency due to autocorrelation.

Reference no: EM133637535

Questions Cloud

Identify technologies that may threaten worldwide peace : Identify at least three technologies that may threaten worldwide peace and progress over the next generation.

Types of material deemed credible and authoritative : Scholarly research is derived from studying specific types of material deemed credible and authoritative.

Explain what financial intermediaries : Explain what financial intermediaries are and discuss their importance for the economy.

Was instrumental in spurring interest in what : Gary Gygax, inspired by The Siege of Bodenburg at Gencon I, was instrumental in spurring interest in what, largely ignored, period for wargaming

Substantial effect on trade in wealthy countries : Let's assume that it is true that increasing tariff rates has a substantial effect on trade in wealthy countries, but little effect in poor countries.

Determine market multiple by considering mean market : Determine the market multiple by considering the mean market multiple of recent pharmaceutical mergers, which is given as 10.265 times the EBITDA.

How government action can improve economic efficiency : Explain how government action can improve economic efficiency. Graph the market failure and explain the problem.

Vehicle they purchase will be electric vehicle : In a survey of 100 consumers, 60 stated that the next vehicle they purchase will be an electric vehicle.

The veterans benefits and transition act : The Veterans Benefits and Transition Act (VBTA) of 2018 updated the Military Spouses Residency Relief Act (MSRRA) of 2009.

User Account

All Pages