Solution-Tools of market access analysis

Tools of market access analysis

Assignment Help Business Economics

Reference no: EM133129193

Assignment 1: Tools of Market Access Analysis

Use the following data to compute Balassa Indices to determine the Revealed Comparative Advantage for the products listed in the table below.

	Rum	Sugar	Bananas	Rice
Total Exports of Product by country 1 in 2021(thousand dollars)	1200	900	600	850
Total Exports of Country 1 in 2021 (thousand dollars)	600,000	600,000	600,000	600,000
World exports of Product in 2021 (thousand dollars)	1,200,000	1,600,000	900,000	1,500,000
World exports of all Products in 2021 (thousand dollars)	250,500,000	250,500,000	250,000,000	250,000,000
RCA

Rank the products in the order of comparative advantage. Which product is the country best advised to specialize in?

Reference no: EM133129193

Questions Cloud

Prepare the journal entry lakes would have made on Jan : Each $1000 bond is convertible into 30 lakes common shares. Prepare the journal entry lakes would have made on Jan 1 2020 to record issuance of bonds.

What is the current gdp growth rate : To learn about the GDP in the real world and to answer the discussion questions, follow the steps below to obtain data from the Bureau of Economic Analysis.

Difference in descriptive and inferential statistical method : Explain the difference between descriptive and inferential statistical methods and give an example of how each could help you draw a conclusion

What is the total deductible amount of the expenditures : During the year, Dr. Flosz spent $1,600 purchasing provincial lottery tickets. What is the total deductible amount of the above expenditures for tax purposes

Tools of market access analysis : Use the following data to compute Balassa Indices to determine the Revealed Comparative Advantage for the products listed in the table below.

Define insurance and insurance policy : Define insurance and an insurance policy. Define catastrophe theory and how it differs from risk management principles.

Estimated sales for the next five years : Ruby's business has been growing quickly over the past few years, with sales increasing at about 50 percent per year. She has approached by a buyer for the busi

What price do you expect Manchester United plc equity stock : What price do you expect the Manchester United plc equity stock to sell for today, if the required rate of return on equity for a company of this risk level

Why the company engaged in a fdi : Please so some good research and focus on a FDI initiative by a Corporation (a Company that has public information on them) and discuss why the Company engaged

User Account

All Pages

Tools of market access analysis

Reference no: EM133129193

Reference no: EM133129193

Questions Cloud

Reviews

Write a Review

Business Economics Questions & Answers

Economics assignment

Demand and supply curves

Long-run perfectly competitive equilibrium for the firm

Supply and demand diagrams

Case study: fisher-price toys

Draw the production possibility curve

Tax revenue

Maximize total welfare

Difference between the cv and the ev

Depict von neumann-morgenstern utility index u in a diagram

What is the market solution

Calculate gross national product and net national product

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT