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- Background information: A worker in the United States and a worker in China can each produce 1,000 pairs of jeans per week. A worker in the United States can produce 50 cell phones in a week, and a worker in China can produce 100 cell phones in a week. Answer the following questions based on this information. Part A: If each country attempted to produce both jeans and cell phones, how many jeans and cell phones could each country produce? What would be the total number of jeans and cell phones produced by the two countries combined? (Show your work.) Part B: Calculate the opportunity cost of producing jeans for each country. (Show your work.) Part C: Calculate the opportunity cost of producing cell phones for each country. (Show your work.) Part D: Determine how many jeans should be produced by each nation. (Show your work). Part E: If each nation should specialize in producing jeans and cell phones, explain why; use economic terminology you have learned in this unit in your…Background information: A worker in the United States and a worker in China can each produce 1,000 pairs of jeans per week. A worker in the United States can produce 50 cell phones in a week, and a worker in China can produce 100 cell phones in a week. Answer the following questions based on this information.Part A: If each country attempted to produce both jeans and cell phones, how many jeans and cell phones could each country produce? What would be the total number of jeans and cell phones produced by the two countries combined? Part B: Calculate the opportunity cost of producing jeans for each country.Part C: Calculate the opportunity cost of producing cell phones for each country.Part D: Determine how many jeans should be produced by each nation.Part E: If each nation should specialize in producing jeans and cell phones, explain why; use economic terminology you have learned in this unit in your explanation.Part F: Finally, how many total jeans and cell phones will be produced by…K Consider the following data: Country A B C Population (millions) 11 20 4 B C What is the per capita real GDP in each of these countries (Enter each response rounded to the nearest integer)? Country Per Capita Real GDP $6,500 Real GDP ($ billions) 52 59 75 $ Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.
- CS 12 Subject - economics Figure 1showsunemployment for some of OECD countries. How would you describe the trend for the various countries? Do you think there are structural differences? What happened to unemployment during the pandemic?_________ is output per hour in the business sector. Question options: a) GDP per capita b) Investment c) Productivity d) Net exports ____________ is a term which refers to the widespread use of power-driven machinery and the economic and social changes that resulted in thefirst half of the 1800s. Question options: a) Industrial Revolution b) Capital deepening c) Living standard d)TechnologyQuestion 10 Which statement is supported by the information in the table? Export and Import Table Canada United States Top Export Partners n Export Partner D United States United Kingdom Canada Mexico China Japan Percent of Exports 73.70% 4.20% 19.00% 13.30% 7.00% 4.50% Top Import Partners Import Partner United States China Mexico China Canada Mexico Japan Germany B The United States exports more goods to China than to Canada. Percent of Imports 49.50% Trade with China disrupts trade between the United States and Canada. 10.80% A Canada and the United States are each the chief exporting nation to the other. 5.50% 18.40% 14.20% 11.70% 5.80% 4.40% Canada imports more goods from the United States than it exports to the United States.
- Question-1) -a) What is schematic balance of payments account table? Draw and explain. b) How does international trade effect economic growth?Remaining Time: 30 minutes, 21 seconds. Question Completion Status: 300 QUESTION 15 Consider the following scenario: Soybeans Textiles Country A 30'000 25'000 20'000 3 1 Country B 10 5 Suppose that w,-Peso 3000 and e=1 (e is the exchange rate). What is the maximum level of w, (expressed in $) such that these 2 countries trade according to Comparative Advantage? Click Save and Submit to save and submit. Click Save All Answers to save all answers.Please help reply to this discussion . needs to be a minimum of 150 words. thank you "Free market economies stimulate economic growth because the entrepreneur has incentive to work, that is, profit. When a business owner can obtain the rewards of their hard work, they are instantly more motivated than if they cannot. In a state-directed economy, whether or not the business is doing well, the person running the business will make the same amount of money. If the business does really well, the person in charge will not receive the same benefit as they would if it was their own enterprise. Another reason that free market economies stimulate growth is because they allow supply and demand to create competition, which helps ensure that the best goods and services are provided to consumers (Investopedia, 2023). Without competition, a company can monopolize a market with little incentive to innovate their product. People may still purchase said product but that's because it's the only one…
- GEOGRAPHY GRADE 11 SEPTEMBER 2019 Question 1 1.1 Choose the correct concept/ term from COLUMN B that matches with the statements/ descriptions in COLUMNA (1.1.1 - 1.1.7). Only write the correct letter next to the number, for example 1.1.1 K. COLUMN A Combines life expectancy, level of education and GDP per capita. COLUMN B 1.1.1 A. Globalisation B. Trade barrier 1.1.2 Rules established by countries to protect their own economy from competition. C. Trade bloc D. Development aid E. HDI 1.1.3 Factory where people work long hours in poor conditions for iow pay. F. Phantom aid G. Sweatshop 1.1.4 Group of countries that have agreed to trade with one another. H. Terms of trade 1.1.5 A wealthy country provides help to a developing country with fewer resources. 1.1.6 Government-imposed regulations that restrict international trade to protect home industries. |(7x1) (7) 1.1.7 Happens when debt money is written off. roct word from the choices given in brackets. Write only of vourcreate a report that achieve the following objectives:Knowledge1. Describe the international business environment in the Caribbean.2. Evaluate the environment in which international business is conducted.3. Differentiate the international opportunities and challenges facing Caribbean firms.4. Identify current issues affecting the conduct of international business, particularly forCaribbean firms.5. Evaluate the impact of globalization on strategy formulation and implementation ofCaribbean businessesSkills6. Formulate an international strategy including applying different modes of entry into aforeign market for an existing or fictitious company.7. Integrate issues of cultural and societal diversity into the international business decisionprocess.8. Develop strategies for leveraging cultural diversity into business operationsAttitudes9. Appreciate the implication of current world events for the practice of international business. choose a product from a corporation and assess the…Please help me with this question,i really need help,if u help me,i will be very very appreciate!!Please help me with this question,i really need help,if u help me,i will be very very appreciate!!