9. It has been stated that a partial explanation of intra-industry trade is provided by: a. The principle of absolute advantage b. Highly competitive product markets c. Diseconomies of large-scale production d. International transport costs

Q: 6 4 A с B D WORLD PRICE AUTARKY PRICE 0 based on the graph If free trade is allowed, producer…

A: Producer surplus is the contrast between how much an individual would willing to accept for given…

Q: 2. Which of the following is not a goal of protoctionism? (A) To protect an "infant" industry (B) To…

A: Hey, Thank you for the question. According to our policy, we can only answer 1 question per session.…

Q: Which is not true? A. market-seeking MNEs tend to be the most responsive to local needs and…

A: Incorrect answer is B)market-seeking MNES tend to treat their foreign affiliates as self-contained…

Q: 1. (a) Compare and contrast Adam Smith's views on international trade with those of the…

A: International trade:International trade means buying and selling of goods and services from outside…

Q: Which of the following statements is true A. express terms are given less weight than the course of…

A: The answer is - C. Express terms are given more weight than course of performance by the parties.

Q: If a nation has the lowest opportunity cost of producing a good, that nation has a(m in the…

A: Absolute advantage refers to an individual's, company's, region's, or country's ability to create a…

Q: The following are arguments against free trade (cases against free trade) EXCEPT a. Intellectual…

A: In the international market, free trade has advantage as well as disadvantage for the domestic…

Q: 10. major features of the linder theory of trade are that it focuses on _----- patterns in countries…

A: There are various theories to study about the international trade and the exchange between the…

Q: Give an example of Cultural Hegemony. Explain.

A: Note:  We’ll answer the first question since the exact one wasn’t specified. Please submit a new…

Q: 11) The existence of transportation costs in international trade a. creates a gap between the prices…

A: In the international market, transportation cost is the expenditure incurred from transferring goods…

Q: The era of Mercantilism trade theory was   Question 7 options:   1600-1900   1500-1800…

A: Mercantilism depends on the rule that the world's abundance was static, and subsequently, numerous…

Q: 6.  Which of the following considerations need not lead to in-country distribution effects from…

A: A distributional effect is the redistribution of final gains and costs as a result of the direct…

Q: 3. Trade Dispute You are a research associate covering the solar panel industry for Goldman Sachs.…

A: Trade disputes happen when two or more nation retaliates against one another by imposing a tariff,…

Q: Brander-Spencer analysis states that A. competition can be enhanced by international trade. B.…

A: The core of the Brander and Spencer analysis states that subsidies work as a commitment device in…

Q: 4. If two countries produce very similar goods, but with different costs of production in each…

A: Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: What is Inter-industry and Intra-industry trade? How do economies of scale and product variety…

A: Trade refers to the exchange of goods and services between two or more parties, often involving the…

Q: Question 2 Customs Assume that the country initially has free trade with the outside world. A duty…

A: In simple words we can say that a producer surplus is considered as the difference between the value…

Q: 1. How is international trade similar to domestic trade? A. International trade makes people better…

A: Domestic trade alludes to the trading of labor and products inside the boundaries of a solitary…

Q: 1. Explain fully what a trader should do before deciding to conduct international business.

A: Note: In the BNED Guidance, only the first question can be answered at a time. Resend the question…

Q: Economic thinking suggests that a nation in which middlemen are considered to be unproductive…

A: It can be defined as the measure of efficiency in converting inputs and into outputs  (products) It…

Q: The slow pace of international trade negotiations is understandable given that: GATT and WTO have…

A: In the international market, it can be said that the international trade negotiate us generally time…

Q: The measure of the US's garment intra-industry trade with the rest of the world is 0.2. This implies…

A: The degree to which a nation trades with other nations within the same industry is determined using…

Q: Based on the theory of overlapping demand, it can be argued that trade in industrial products is…

A: The overlapping demand theory there is a strong international trade competition in manufacturing…

Q: 2. Compare and contrast Adam’ smith absolute advantage, David Ricardo’s comparative and Heckscher…

A: The international trade would result in the production of the goods and services and exchange with…

Q: An exchange of goods or services with people and businesses in your own country.   Question 12…

A: When talking about exchange of goods and services, it can be said that it is the situation when two…

Q: 1. Multinational enterprises Which of the following are common characteristics of multinational…

A: Multinational enterprises (MNEs) are companies that have operations in multiple countries. These…

Q: 24. From the perspective of economic efficiency, A trade creation is preferable to trade diversion…

A: ***Since the student has posted multiple questions, hence, the expert is required to solve only the…

Q: Each of the following is an operating mode for companies to accomplish their international…

A: International trade includes the involvement of multiple nations in the exchange of products and…

Q: The growing importance of intra-industry trade a. reflects the declining importance of economies of…

A: The transfer of goods and services from one entity to another or from one person to another is known…

Q: The theory that reflects thempact of technology accumulationnd diffusion on international…

A: International trade refers to the exchange of goods, services, and capital between countries. The…

Q: List and explain three (3) arguments for and three (3) arguments against Free Trade.v

A: The following is a summarized response; however, for a more thorough explanation, refer to the next…

Q: 4) How does an increase in the number of product varieties benefit an importing country?

A: (4) (i) The exports and imports define the financial transactions of trade and are being limited by…

Q: The United States exports advanced robotic arms for computer manufacčtuning and manufacturing. This…

A: Trading takes place when one country engages in importing or exporting goods and services with other…

Q: Assume that country A is more competitive than countries B and C in products F and G. Therefore,…

A: Specialization refers to the use of given resources in order to produce a good efficiently.

Q: explain and the motivating factors behind regional trade agreement like AfCFTA

A: Trade agreement refers to a formal agreement between a set of nations in order to achieve certain…

Q: a. Find the bid rent curves for the two industries that correspond to zero economic profits. b.…

A: Rent is characterized as a surplus that comes from benefits like capitalization. It is an indicator…

Q: Consider the market for wheat as shown in the Wheat Exports figure. In that figure, the world price…

A: Welfare refers to the sum of…

Q: The following is a productivity schedule for two countries, Pura Cendana and Antah Berantah. (d) (e)…

A: Given  Productivity schedule for country Pura Cendana and Antah Berantah    Pura Cendana Antah…

Q: 6) The trade model of the "factor endowment theory" maintains that a. Comparative advantage…

A: The factor endowment theory holds that countries are likely to be abundant in different types of…

Q: QUESTION 9 Global trade leads to: OA. New industries. B. Declining industries C. New technologies. O…

A: When any country initiates trading beyond its domestic boundaries then it is termed international…