Assignment 2 - Jadelyn Kopp

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PRICE (Peso per dollar) 9. Study Questions and Problems #9 The following graph depicts the supply and demand curves for U.S. dollars in the foreign exchange market. Suppose that inflation rates increase in the United States. On the graph, shift either the supply of dollars curve, the demand for dollars curve, or both curves to best reflect the given scenario. ? QUANTITY OF DOLLARS (Millions per day) D If inflation rates increase in the United States, the U.S. dollar ŏ S D S

Assume that you have been hired by an International Organization to be consulted on various issues that the country Motherland faces. For this exercise, assume that Motherland is a small agricultural economy. The biggest trading partner of Motherland is the United States. Unlike Motherland, the United States is a large industrial country. Assume Motherland imports electronics from the United States. The government of Motherland is considering to impose quotas on these electronics imports coming from the United States. Would you recommend it? Explain your answer. In your explanation, distinguish the effect on the consumers of electronics, the domestic producers of electronics and the government.Your explanation should not exceed 200 words.

PRICE (Yen per dollar) 9. Study Questions and Problems #9 The following graph depicts the supply and demand curves for U.S. dollars in the foreign exchange market. Suppose that real interest rates in the United States rise. On the graph, shift either the supply of dollars curve, the demand for dollars curve, or both curves to best reflect the given scenario. D QUANTITY OF DOLLARS (Millions per day) S D If real interest rates in the United States rise, the U.S. dollar S ?

News Analysis: Exchange rates hold the key to trade between Japan and the United States (NEW) 3. Exchange rates and U.S. exports: A graphical relationship The following graph shows exports from the United States to Japan. (Note: U.S. exports are measured in yen on this graph, which will enable you to see U.S. exports on the same graph as Japanese exports in a later problem.) EXCHANGE RATE (Dollars per yen) Exports from the U.S. Exports from the U.S. ? ( · X

Trading Name: Date: Imagine the following case study where two different countries: Albania and Belize have remained self-sufficient and mostly produce two of the following products: corn and beets. Our hopes are that we will be able to improve trade liberalization and encourage each one to work together in order to improve the number of resources and goods each one provides to their population. Here are their production levels for each product per worker/month (assume each country has a workforce for 15 workers): Bushels Corn (Y-аxis) Вets (X-аxis) Albania 40 20 Belize 20 4 a) Calculate and graph the Production possibilities frontiers for both countries. b) Assume that both countries currently prefer equal amounts of corn and beet for their production & consumption levels within their country, clearly label this point and call it point B: production/consumption before trade. c) Calculate and state the number of workers that would be required in order to produce points B for both…

Based on the industrial composition of Vietnam’s exports (in terms of trade value) at the HS 2-digit level of disaggregation and the breakdown of Vietnam’s export sales by destination market for the years 2000 and 2020. in the images below:  (from the Observatory for Economic Complexity (https://oec.world/en))     (b) What are the most noticeable changes in Vietnam’s export pattern between 2000 and 2020?   (c) Which of the models of international trade can explain the changes observed in Vietnam’s pattern of trade? Are there any significant changes in Vietnam’s trade policy that can account for these changes?

The graph depicts the market for oil, with the assumption that the United States can import any amount of oil it chooses at the world free trade price. Adjust the graph to reflect what happens when a 50% import tax is imposed on oil. Approximately how many million barrels are imported before the tax is imposed?

Please help me answer each part of the questions in detail. Thank you

If the United States has been selling more goods in the international  market than it has been buying, this could be for all the following reasons except: foreign goods are often much cheaper The value of the U.S. dollar has fallen substantially The quality of foreign products is similar to that of U.S. products The values of foreign currencies are rising relative to that of the U.S. dollar   Elroy Hatchard is the sole proprietor of a gift shop in a small shopping center. Because he is a sole proprietor, Elroy’s profit from the business is: Totally tax-free Taxed as personal income Not subject to state or local taxes Taxed only when it is distributed to investor   All of the following are normally considered advantages of the corporate form of business organization except: Unlimited liability Perpetual life Ease of ownership change More money for investment                The heavy influence of such federal agencies as the Federal Trade Commission, the Securities and…

You work for a Nova Scotia Company trying to successfully enter the cranberry market in Australia. In the entry country (Australia), what is the state of well-being? Do people have proper access to food, nutrition, housing, and healthcare? How do they spend their leisure time and how much money do they spend on recreation? Are retired citizens financially sound?

The intra-industry trade index in television trade for Denmark is 0.92. What conclusion can we draw from this? Group of answer choices - Denmark has a slight comparative advantage in television production because that activity is skill and capital intensive. - Denmark has a strong absolute advantage in TV production thanks to its skilled workers. Televisions are highly differentiated and knowledge intensive products, where mainly increasing returns drives trade. - Denmark outsources important parts of its TV value chain. Firms move down their learning curves.

Suppose the Italian government imposes a tariff on imported lumber products. The effect this tariff has on the Italian lumber market is to  ______ domestic prices,  ______ consumer surplus, and  ______ producer surplus.

Consider the accompanying speculative data relating to a nation's imports, utilization, and creation of T-shirts following the expulsion of the MFA portion: Without MFA (Free Trade With MFA $2.00 World cost ($/shirt) $2.00 Domestic cost ($/shirt) $2.50 Domestic utilization (million shirts/year) 125 100 Domestic creation (million shirts/year) 75 50 75 Imports (million shirts/year) 25 MFA, multifibre game plan. a)Calculate the amount leases that were procured under the share. b)Determine what amount the nation has acquired from expulsion of the quantity?

7 Assignment - ECN204 021 - Introductory Macroeconomics - W2023 Chapter 17 Assignment 1 02:45:27 Mc Graw Hill 0 P+ Tariff QsTariff The domestic supply-and-demand diagram below represents a product in which Canada does not have a comparative advantage. a. What impact do foreign imports have on domestic price and quantity? Imports (Click to select) the domestic price, (Click to select) consumption and (Click to select) domestic production. b. The diagram below shows a protective tariff that eliminates part of the imports that exist at the world price, Pworld- P. world # B a A 0 Revenue Quantity QTariff $domestic Pdomestic Ddomestic ezto.mheducation.com M Question 1- Chapter 17 Assignment - Connect b Success Con 4+1 H

[Basic static analysis of trade] Construct a simple model of the (wholesale) market for wheat globally, and in Australia. Provide a brief but clear explanation to accompany your diagrams, and reflect on what access to international trade means for Australian farmers,

Which factors may effect export and capital sensitivity in a country?And what type of policies may be used to increase the export and capital sensitivity? Why?could you answer this question in a minimum of 400 words

Scenario & Question 7: A country decides to impose higher tariffs on imported goods to encourage domestic production. This policy change impacts the circular flow of income and expenditure by altering the dynamics of international trade. In this scenario, the imposition of tariffs on imports primarily: A) Acts as a leakage in the circular flow B) Functions as an injection into the circular flow C) Has no significant impact on the circular flow D) Reduces government expenditure in the circular flow

Domestic producers of microprocessors send a lobbyist to the U.S. government to request that the government impose trade restrictions on imports of microprocessors. The lobbyist claims that the U.S. microprocessor industry is new and cannot currently compete with foreign firms. However, if trade restrictions were temporarily imposed on microprocessors, the domestic microprocessor industry could mature and adjust and would eventually be able to compete in the world market.   Which of the following justifications is the lobbyist using to support their argument in favor of the trade restriction on microprocessors? National-security argument   Infant-industry argument   Unfair-competition argument   Jobs argument   Using-protection-as-a-bargaining-chip argument

The Case: Ghana is a country located on the west coast of Africa. Ghana is considered as one of most economically and politically stable country in Africa. The major exports and imports of Ghana are given below. Major exports Timber, Cocoa, Aluminum, Oil and Manganese Major imports Cars, Rice, Raw sugar and Construction vehicles Different facts and figures of the economy of Ghana, for three years in three different tables, along with their particular requirement have been given below. Requirement # 1: Suppose the economy of Ghana produces only two goods; orange and mango. Table no.1: Year 2016 Year 2017 Price (Rs) Quantity 200 Goods Price (Rs) Quantity 300 Orange Mango 05 07 07 100 10 200 Calculate the following by using given information. a. Nominal GDP for the year 2016 b. Nominal GDP for the year 2017

Scenario & Question 7: A country decides to impose higher tariffs on imported goods to encourage domestic production. This policy change impacts the circular flow of income and expenditure by altering the dynamics of international trade. In this scenario, the imposition of tariffs on imports primarily: A) Acts as a leakage in the circular flow B) Functions as an injection into the circular flow C ) Has no significant impact on the circular flow D) Reduces government expenditure in the circularflow

Steel is traded in a perfectly competitive world market. Australia is an exporter of steel. A growth in world demand for steel for use in construction raises the world price of steel. The effect of the rise in the world price of steel will be to: Increase the quantity of steel consumed by Australian consumers, and increase exports of steel. Cause Australia to commence importing steel. Decrease the quantity of steel consumed by Australian consumers, and increase exports by Australian producers. Decrease the price paid by Australian consumers for steel. Increase the quantity of steel consumed by Australian consumers, and decrease exports of steel.