All of the following actions would help promote sustainable tourism between MDCs and LDCS a well as within LDC excect O provading work benefits O facilitating fair trade O encouraging most profitable activities O promoting gender equality
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- 15. Data and empirical observations have validated the fact thata. Sectors specific to export industries tend to lose from international trade, while sectorsspecific to import-competing industries tend to gain.b. All sectors tend to lose.c. All sectors tend to gain.d. None of the above is true.It required WTO members to issue and enforce patents and copyrights for at least 20 years and 50 years, respectively. S3: It gave affluent countries five years to comply with its intellectual property regulations. S4: It granted amnesty from compliance with its intellectual property protection standards to the world's poorest countries. group of choices: © Both Statement 3 & Statement 4 © Statement 2 only O Both Statement 2 & Statement 4 © Statement 3 onlyAssume a Ricardian, constant-cost world. There are two countries, the United States andCanada. Each country can produce cameras and milk. The table below shows production perman-hour for each country. US Canada cameras 6 2 milk 1 2 The United States has a labor force of 1,000 workers, and Canada has a labor force of 500workers.a) Graph the world supply curve for cameras.b) Show a possible world demand curve and price (assuming that both countries completelyspecialize).
- One reason that a large share of the trade between high-income industrial economies is intra-industrytrade is becauseA) Intra-industry it is more advantageous than inter-industry tradeB) high-income industrial economies compete with each other with the same good.C) high-income industrial economies have very different factor endowments in absolute terms.D) it allows firms to take advantage of economies of scale.Assume a Ricardian, constant-cost world. There are two countries, the United States andCanada. Each country can produce cameras and milk. The table below shows production perman-hour for each country. US Canada cameras 6 2 milk 1 2 The United States has a labor force of 1,000 workers, and Canada has a labor force of 500workers.a) Graph the world supply curve for cameras.b) Show a possible world demand curve and priceConcern over politically controlled supply and finite availability of non-renewable energy resources such as crude oil and natural gas has prompted large crude oil-consuming nations to seek alternate renewable energy sources. Furthermore, environmental concerns associated with carbon dioxide and other greenhouse gas emissions have prompted countries with large agricultural tracts of land to seek and develop clean, renewable biofuels that are not only environmentally friendly, but which also contribute to sustainable eco-nomic growth and energy security. Developing biofu-els does not need to be a panacea, however, real chal-lenges must be overcome to prevent economic costs from exceeding social benefits. For example, countries should take extreme care in implementing national biofuel policies because in the rush to energy indepen-dence, more pollution may occur, and resources…
- Palawan is an ideal place when it comes to Government Policy for the protection of the natural resources. A major project from the United States of the construction of highways, bridges, ports; installation of a hybrid network sites, and solar panels will be initiated, provided, the Philippines enters into an international agreement with the U.S. on the construction of an international trading hub in the northern part of Palawan. 1. In case the Philippine government agrees and conform by the Senate. How will the international trading improve the per capita income of the people? 2. How is the income relevant to buying power of Peso?Answer as brief as possible. 1. What is the difference between state to state regionalism and non state regionalism? 2. What triggers various regionalist projects?The presence of global food corporations like McDonald’s and KFC manifests that goods and services can transcend borders as an offshoot of the workings of the WTO. Together with that, there are multinational corporations that established factories in the Philippines. These factories offer jobs to thousands of Filipinos. Yet, some of these companies offer low salaries to their workers, and sometimes, make their workers work under hazardous conditions. These factories have also destroyed the well-being of the natural environment in some instances. As a Filipino, was it right for the Philippines to include itself as a member of the WTO? Please explain your answer.
- Suppose that the world demand and supply elasticities of crude oil are -0.906 and 0.515, respectively. The current equilibrium price is $30 per barrel and the equilibrium quantity is 16.88 billion barrels per year. Derive the linear demand and supply equations. Now suppose the world supply curve you derived above consists of competitive supply and OPEC supply. If the competitive supply equation is: SC = 7.78 + 0.29P, what must be OPEC's level of production in this equilibrium? Now suppose social and political unrest in some non-OPEC producing countries reduced the competitive supply by 30 percent, what happens to the world price of crude oil?In the context of international dumping, which of the following statements about the price- or cost-based definitions of foreign market value are correct? Check all that apply A. Governments often reward foreign companies that dump commodities in the home economy at a price that is less than average total costs. B. According to the cost-based definition, dumping occurs when foreign merchandise is sold in the domestic market at less than fair value. C. According to the cost-based definition, dumping occurs when foreign merchandise is sold in the domestic market at more than fair value. D. According to the priced-based definition, dumping occurs whenever a foreign firm sells a product at a price above its home market priceAfter the creation of a free trade area involving five nations, higher-cost external producers of ri within the free trade area. This is known as