1.1 | Choose the correct concept/ term from COLUMN B that match the statements/ descriptions in COLUMNA (1.1.1 - 1.1.7). Only correct letter next to the number, for example 1.1.1 K. COLUMN A 1.1.1 Combines life expectancy, level of education and GDP per capita. COLUMN B A. Globalisation B. Trade barrier 1.1.2 Rules established by countries to protect C. Trade bloc their own economy from competition. 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 .1.5 A wealthy country provides help to a developing country with fewer resources. 1.6 Government-imposed regulations that restrict international trade to protect home industries. .7 Happens when debt money is written off.

1.1 | Choose the correct concept/ term from COLUMN B that match the statements/ descriptions in COLUMNA (1.1.1 - 1.1.7). Only correct letter next to the number, for example 1.1.1 K. COLUMN A 1.1.1 Combines life expectancy, level of education and GDP per capita. COLUMN B A. Globalisation B. Trade barrier 1.1.2 Rules established by countries to protect C. Trade bloc their own economy from competition. 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 .1.5 A wealthy country provides help to a developing country with fewer resources. 1.6 Government-imposed regulations that restrict international trade to protect home industries. .7 Happens when debt money is written off.

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter19: The Macroeconomic Perspective

Section: Chapter Questions

Problem 25CTQ: Cross country comparisons of GDP per capita typically use purchasing power parity equivalent...

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Cross country comparisons of GDP per capita typically use purchasing power parity equivalent exchange rates, which are a measure of the long run equilibrium value of an exchange rate. In fact, we used PPP equivalent exchange rates in this module. Why could using market exchange rates, which sometimes change dramatically in a short period of time, be misleading?
Question 2 Calculate new HDI for Egypt using the given actual values from Egypt: Actual life expectancy at birth: 73.5 Mean years of schooling: 6.4 Expected years of schooling: 12.1 GNI per capita: 5,401 How would you classify Egypt based on the NHDI you found? Click on reveal once you are done calculating NHDI (0.662) Full explain this question and text typing work only thanks
Forecasts for Sa’s economic growth rate have been droppingconsistently in 2023, from 1.2% year on year at the start of thefirst quarter to 0.7% in March, 0.6% in April and now 0.4% inthe outcome of the May survey (all Bloomberg).A more recent survey from Reuters in May places the outlookfor economic growth even lower, at 0.2% for 2023.Market perceptions of the global outlook have also dimmed, withChina’s economic recovery proving weaker than anticipatedafter its 2022 lockdowns, as recent production data disappoints,including that on household spending, investment and tradeactivity.Global trade defragmentation is also weakening sentiment, withrisks of limitations on trade competitiveness growing. Theseconcerns, along with US recession fears and disappointment overChina’s ability to lead the global economy stronger in 2023, haveweakened sentiment, reflecting in the recent fall in oil prices.Markets had expected a ramp-up in economic activity in Chinain the second quarter, but has also…
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