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Question: 1. The following are data on U.S. exports and imports in 2012 at the two-digit Harmonized Tariff Schedule (HTS) level. Which products do you think support the Heckscher-Ohlin theorem? Which products are inconsistent?
2. Following are data for soybean yield, production, and trade for 2010-2011:
Suppose that the countries listed in the table are engaged in free trade and that soybean production is land-intensive. Answer the following:
a. In which countries does land benefit from free trade in soybeans? Explain.
b. In which countries does land lose from free trade in soybeans? Explain.
c. In which countries does the move to free trade in soybeans have little or no effect on the land rental? Explain.
a perfectly competitive constancy-cos industry has a market demand curve p50-17q.each firm has a u-shaped long run
The Energizer Bunny that "keeps on going and going" has been a very successful ad campaign for batteries. Explain the relationship between this slogan and the firm's price elasticity of demand and total revenue.
1. Why might federal spending on roads, waterways, or national security be less subject to direct expenditure off sets than spending on health care or education 2.What might account for the fact that estimates of effect time lags for fiscal p..
Consider an open economy with the following consumption and tax functions: C = 5 + 0.75YD , T = 0.20Y Assume I0 = 100; G0 = 110; X0 = 90 and M0 = 105 - Find the equilibrium output.
outline the possible work disincentives created by anti-poverty programs. is there a way to solve this problem without
Assuming the processing plants can handle unlimited amounts of cranberries, for- mulate an LP model that minimizes total distribution costs for transporting cran- berries to the plants and cranberry juice to the cold storage facilities. Show eithe..
A copper mining operation discharges waste products into a river and causes higher costs and discomfort to downstream users of the water.
Define the terms listed below. You should write a paragraph explaining each concept as if you were writing for your 15-year-old sibling (or a high school textbook).
The nation of Pecunia had a current account deficit of $1 billion and a nonreserve financial account surplus of $500 million in 2008. What was the balance of payments of Pecunia in that year? What happened to the country's net foreign assets
How does your consumption of the two goods change? How does your response depend on income and substitution effects? Can you afford the bundle of soda and pizza you consumed before the price changes?
Suppose you are designing a home office for either your current job or a position you're trying to obtain. Identify the networking components you would consider including in your home office to maximize functionality for your position. Justify the ma..
What were the policy options
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