you have been hired by an International Organization to be consulted on various issues that the country Motherland faces. assume that Motherland is a small agricultural economy. 1.    Assume that the biggest trading partner of Motherland is the United States. Unlike Motherland, the United States is a large industrial country. What type of trade model can best explain the trade between Motherland and the United States?

Countries need to trade because--------. Select one: a. world resources are unevenly distributed among countries b. world resources are evenly distributed among countries c. all products are made from the same combinations of resources d. all products are produced from the same technology

a. In the country of Estanbalu, there are plans to cease international trade. You are assigned asan economist to present to the Minister, the possible gains of engaging in free trade usingdiagrams where possible. b. Clearly explain and illustrate the gains from exchange and specialization. Answer only question b

Diagram the change in Figure 5.5 if foreign demand for services decreases. What happens to the terms and level of trade?

Give typing answer with explanation and conclusion T OR F Limiting the extent of international trade by imposing huge tariff increase the rate of economic growth.

"Poor countries like Malawi have no absolute advantages.  They have poor soil, low investments in formal education and hence low-skill workers, no capital, and no natural resources to speak of.  Because they have no advantage, they cannot benefit from trade." How would I respond to this statement?

If a country closes off to trade and notices that the number of firms in an industry doubles in size, what economic theory would help us explain this phenomenon? A. Stolper-Samuelson. B. Melitz. C. Ricardian. D. Cournot. Explain your answer in up to 200 words and using a diagram

Describe the economic impacts of trade.

Choose four countries. One country in North America, another country in Central America, another country in the Caribbean and another country in South America and indicate, using the gravity model, which factors should increase or reduce trade between those countries. After that, choose a country in Europe and indicate, using the Gravity Model, how the intensity of trade changes with five countries. You must take into account the concept of the gravity model and the factors that affect trade such as language, culture, trade agreements, among others. 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.

Because the Ricardian trade theory recognized only how supply conditions influence international prices, it could determine a. the equilibrium terms of trade b. the outer limits for terms of trade c. where a country chooses to locate along its production possibilities frontier d. where a country chooses to locate along its trade triangle.