Are patterns of trade a problem, Business Economics

Assignment Help:

Are patterns of trade a problem?

Generalising Less Developed Countries have a comparative advantage into primary products and employment intensive manufacturing; Developed Countries have the edge into capital intensive, high value and high tech added manufacturing and services.

• Problem for Imports Less Developed Countries mostly import oil, intermediate goods, consumer goods and capital goods along with high PED and YED

• Problems for Exports LDCs mostly export primary products which have low PED and YED and price volatile. Account of Exports for a higher percent of Gross Domestic Product into LDCs than into DCs.


Related Discussions:- Are patterns of trade a problem

What are harrod-domar predictions, What are Harrod-Domar predictions? T...

What are Harrod-Domar predictions? The economy is rate of growth, its predictions depends onto: • Capital formation and accumulation and capital output is the critical to de

What is the effectiveness of non-government organisations, What is the effe...

What is the effectiveness of Non-Government Organisations, within the promotion of development? Critics argue NGOs (Non-Government Organisations): • Are self-serving and se

Base multiplier framework for money supply, Question: Extract of the Sp...

Question: Extract of the Speech by Mr Thomas Jordan, Chairman of the Governing Board of the Swiss National Bank, at the Swiss Banking Global Symposium, Zurich, 16 November 2012

Are weaknesses of financial markets a problem, Are weaknesses of financial ...

Are weaknesses of financial markets a problem? Problem: a. Potential entrepreneurs require funds to finance new projects. Financial institutions, as like banks, are middle

ECONOMICS, A. CALCUATE THE OPTIOMAL MONEY GROWTH RATE NEEDED FOR THE FED TO...

A. CALCUATE THE OPTIOMAL MONEY GROWTH RATE NEEDED FOR THE FED TO HIT ITS INFLATION TARGET RUN

Theory of supply, i want information about the theory of supply

i want information about the theory of supply

Elasticity, 1. Why does the quantity of salt demanded tend to be unresponsi...

1. Why does the quantity of salt demanded tend to be unresponsive to changes in its price?

The effectiveness of the floating exchange rate model, QUESTION (a) Dif...

QUESTION (a) Differentiate between the fixed and floating exchange rate models. (b) Discuss the effectiveness of the floating exchange rate model. (c) Explain the mechani

Monetary transmission mechanism, QUESTION 1 Critically examine alternat...

QUESTION 1 Critically examine alternative theories of money demand and specify a demand for money equation for Mauritius. QUESTION 2 Discuss the macroeconomic and micro

Political and economic factors - market reforms, Discuss  the following in ...

Discuss  the following in relation to China's market reforms: (1)  the political and economic factors on the basis of which China decided to undertake market reforms; (2) how

Write Your Message!

Captcha
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