2) Analyse Malaysia BOP according to (1). What is/are the implications from the above transactions. a. Petronas exports RM50 million of petrol to South Korea. b. The Malaysia government provides aids RM2 million to Palestinian.

12 through 17 12. Developing countries might be unable to respond smoothly to changing international price signals because of: a. a lack of government regulation. b. an abundance of skilled labor. c. inelastic supply curves. d. limited foreign exchange. 13. Which of the following is an argument in favor of trade liberalization? a. Increased investment. b. Infant industry. c. Fluctuating export earnings. d. Increased government revenue. 14. The real price trendline for non fuel primary commodities from 1960-2005 has been: a. Unchanged b. Steadily increasing c. Steadily decreasing d. First decreased and then increased. 15. Which of the following is a major argument of trade optimists? a. Industrial policy can increase productivity of developing country manufacturing efficiency. b. New synthetic substitutes are constantly being discovered and improved. c. Developing country efficiency would improve with trade liberalization. d. All of the above. 16. If the equilibrium exchange rate is 15…

Critics argue that U.S. industrial policy _____   a. provides too much protection to domestic industries.   b. gives foreign industries an advantage over domestic producers.   c. should shift from a military to a civilian focus.   d. discourages spending on basic research in universities.   e. currently focuses only on developing the airlines industry. Note:- Please avoid using ChatGPT and refrain from providing handwritten solutions; otherwise, I will definitely give a downvote. Also, be mindful of plagiarism. Answer completely and accurate answer. Rest assured, you will receive an upvote if the answer is accurate.

Give typing answer with explanation and conclusion to all parts