Any advance in technology that increases vertical FDI (foreign direct investment) activity in the world will also increase trade flows across countries. (You can make an example)
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- Please no written by hand solution Question Five: Globalisation a) What are the main phases of globalisation and how do they differ one from the other?No plagrisum and correct answer please. Please do all four parts..Thank You advance Consider two commodities viz. smartphones and travel bags and two countries viz. Bangladesh and South Korea. Suppose the production of both the commodities is fully mechanized using electricity as an input in both the countries. The amount of electricity hours needed to produce one unit of each commodity is a follows: Hours per unit Smart Phones Travel Bags Bangladesh 6 1 South Korea 1 3 The total units of electricity available in Bangladesh is 1000 units while that in South Korea is 2000 units. i. Calculate the opportunity cost of each commodity for each country and explain which country has comparative advantage in production of smartphones ii. If each country decides to distribute its electricity supply in production of each good in equal proportions, what will be the total supply of smartphones and travel bags? iii. If each country decides to allocate its electricity fully in the…The market research department at a manufacturing plant determines that 30% of the people who purchase the plant's product during any month will not purchase it the next month. On the other hand, 40% of the people who do not purchase the product during any month will purchase it the next month. In a population of 1000 people, 200 people purchased the product this month. How many will purchase the product next month and in 2 months? (a) next month___?___ people (b) in 2 months __?___ people
- Globalisation advantages and disadvantges meantion at least 10 point each ? with sources citedPlease need all the possible and correct answers to this problem, and also this is the whole question. It's not a separate question.Q) how to solve d? for scotland its suppose to be 150 (from 100*0.5) for grapesland its suppose to be 250, but how do you get this answer?
- Y = 1million + 56.43*X + error By how much does the expected value of Y change if X increases by 2 units? (Round your answer to two decimal places: ex: 123.45) Y = 50 + 3X + error By how much does the expected value of Y change if X decreases by 10 units?True/False Economy always operates on the production possibly frontier.(1) single choice Q 1.Which of the following statements is true of creative destruction? A. Creative destruction is generally bad for an economy. B. Creative destruction is encouraged in economies with extractive institutions. C. Creative destruction creates losses for some economic agents and benefits for others. D. Creative destruction is a phenomenon that was mostly prevalent before the year 1800. Q 2.Which of the following statements is true? A. Future rewards are worth less than current rewards of the same value. B. Current rewards are worth less than future rewards of the same value. C. Risky options are always preferred to riskless options. D. Riskless options always have higher expected payoffs than risky options. Q 3.Scenario: Three investment options are available in a market. All three options provide the same expected rate of return but have different levels of risk associated with them. Investing in Option A is the riskiest, while investing in Option C is the…
- A terrorist outfit (with affiliation with ISIS in a series of attacks) bombed theRussian Federation’s embassies in Cohenhagen, Tunisia, Warsow and New York City on 1st May 2020. The Russian government feels that the attacks (claiming that it has evidence) were orchestrated with the financial support from Saudi Arabia (a United States ally) and also blames the US for not imposing any sanctions against the Saudis when the first sign of warning was brought into their notice, a few months ago during a UN Security Council Meeting. The Russian Federation threatens to dump all US-denominated Treasury Bonds (accumulated through the petro-dollar market and other trade) in the global financial markets if heavy economic sanctions are not imposed on the Saudi economy. They also demand that Russian forces should independently be allowed to conduct an investigation.The US has denied the allegation. If the Russian government goes ahead with a massive selloff of US-denominated bonds, such an action…3. Consider a world in which production of a good or service consists of a number of definitive tasks, which must all be performed correctly for the product to have positive value. Each task is filled by a single worker i whose skill level qirepresents the probability the worker performs her task correctly. Mathematically, if there are n tasks in the production of a good, and average production per worker with one unit of capital is 1 when all tasks are performed correctly, the production technology can be represented as: A) Give an example of an industry for which this might be a good model of production. What does this production function imply about the tradeoff between quality and quantity of labor in a given task? In this, how does it differ from a Cobb Douglas production function? B) Find the marginal product of increasing the skill of the ith worker. Suppose now there were two firms in the same industry that will bid for workers, and can pay them differentially according to…Question 6: Albarran – Chapter 7 When a country or nation decides to globalize, it is typically centered on trade and commerce with other countries, importing needed scarce resources and exporting abundant resources. A True B False