Please no written by hand solution Question 1: Based on Porter’s Diamond theory of national competitive advantage, explain the 4 major determinants.
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Please no written by hand solution
Question 1: Based on Porter’s Diamond theory of national competitive advantage, explain the 4 major determinants.
Question 2: Government intervention is the involvement of the government in the market to influence demand and supply by using Trade promotion and Trade Restriction.
Evaluate one (1) trade promotion and one (1) trade restriction.
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- Both answers give you thumbs up and explain it Question 21What was the "General Will" theory?A) an individual's decision based on their personal interests, often revealing their own personal greedB) an individuaľ's ability to overcome their personal interests and vote for what is best for the communityC) the majority voteD) protection for the minority whose ideas were defeated in the vote Question 22Which of the following was NOT related to the "Division of Labor theory?A) use of machines and other inventionsB) creation of an early "assembly lineC) increases in worker efficiencyD) workers would become revolutionary in their hatred of industríal laborIn Michael Porter's Diaond Model of National Advantage, when a country has 6 months with night and 6 months with sunlight, the effect of these conditions can be studied under what attribute? * a.Firm Strategy, Structure, and Rivalryb.Demand Conditionsc.Related and Supporting Industriesd. Factor ConditionsThere were lots of similarities between Britain's system of government and that of the individual British colonies in North America. One difference, though, was that a far larger proportion of male residents experienced direct representation in theirlegislatures, rather than the "virtual representation" that most Britons experienced inEngland and Scotland. Why? 1.Because elections for office in the colonial legislatures were done by secretballot. 2.Because ownership of enough property to meet the property requirements forvoting was more common in the colonies than it was in Britain. 3.Because the colonists thought slavery, in both the political sense and actualslavery, was more wrong than did their British counterparts. 4.Because only enslaved people were prevented from having voting rights in the colonies.
- 1. It is one of the barriers to entry when the dominant firm (or firms) may take actions explicitly aimed at erecting entry barriers. a. capital requirements b. strategic barriers c. control of resources d. economies of scale 2. It is to provide certain public goods and services, undertake public investments, and regulate operations of private markets. a. distributive role b. role playing c. microeconomic role d. macroeconomics role 3. Government attempts to reduce income inequality; ensure minimum health, education, and living standards; and improve the welfare of the poor. a. distributive role b. macroeconomic role c. microeconomic role d. market structure 4. Does the firm can also earn zero profit or even loss where MC=MR? a. maybe b. yes c. sometimes d. noAll of the following statements align with the post-war consensus EXCEPT Select one: O a. Capitalism benefits more people than it harms O b. The main threat to national security came from anti-war protesters O C. The federal government can be trusted to act in the public interest O d. The U.S. was a free country with liberty and justice for allWomen’s empowerment movement eyes 40% of government spending accreditation …Last year the South African government affirmed its support for women-owned businesses as part of its commitment to ensuring that gender equality in Africa’s most advanced economy was achieved. President Cyril Ramaphosa said then: “We are going to drive women’s economic inclusion through public procurement. We have set the target of ensuring that 40% of goods and services procured by public entities are procured from women-owned business.” a) Market participation. b) Government spending. c) Commercialisation. d) Nationalisation.
- 1, Goods on hand are not subject to taxation. True False 2, The construction industry includes everything from highly-skilled professions such as architects, engineers, and real estate attorneys, to unskilled labor. True False 3, States and municipalities receive much of their revenue through what kind of taxes? developmental international sales intrinsic 4. Which retailer was one of several businesses that capitalized on the expansion of railroads after the Civil War ended in 1865 by developing mail-order catalogues and was once known as the “everything store” prior to Amazon? Sears Target Walmart Harrod’s 5. Amazon is a great example of how a business can expand and grow with the use of what? technology merchandise healthcare red tape 6. What is an example of a product where the demand…How Arts Funding Is Done Elsewhere When Rick van der Ploege became Holland’s secretary of culture in 1998, he launched an arts-funding revolution that alarmed his quiet, multicultural country—but also became a potential model for smaller population countries such as Canada. Bursaries for about $100,000 a year were offered to foreign graduate students. Foreign filmmakers could also receive funding—as long as it met Dutch content requirements. More contentiously, artists would have to prove that there was a market for their creations if they wanted a subsidy. “My argument has always been to get the best people in the world. ... Whether they be Canadian, Japanese, and maybe the Dutch, bring them together, and the locals would then have to compete on a global scale.” Draw a graph to illustrate and explain how bursaries for foreign graduate students might improve efficiency.. Ricardian Model. Consider two countries: A and B. Labour is the only factor of production for goods X and Y. Consider the following matrix of unit labour requirements. X Y Labor Endowments Country A aLx = 8 aLy = 4 240 Country B aLx* = 6 aLy* = 2 120 Which country has an absolute advantage in producing good X? Good Y? Which country has comparative advantage in producing good X? What is the autarky relative price of good X for country A? For country B? Draw the world relative supply curve RS for good X. Label all the axes (relative price of good X on the vertical axis and world output of x relative to y on the horizontal axis) and the relevant points. Suppose that the world relative demand RD for good X is given by: (Px/Py) = 7 – 9 * ( ( Qx +Q*x) / (Qy + Q*y) ). With free trade: (i) What will be the equilibrium world relative price of good X be equal to? (ii) Calculate the equilibrium wage rate w in A relative to that…
- Question 1 Imagine we live in a world with two types of skill sets: people with high ability and people with low ability. A diploma will cost a high ability person about 8K and will cost a low ability person about 20K. Businesses use education as a screening tool and they intend to pay 25k to workers without a diploma and $X to those with a diploma. In what range must X be to make this an effective screening tool? Your answer will include a set of equations showing the dollar range for both low ability and high ability people.Reasoning behind industrialization and its effects on civics and ethicsReasoning behind and its effects on civics and ethicsPROMPT: The context that had created and supported the Jeffersonian world view (that of the yeoman farmer as the bedrock of American democracy and the American economy) disappeared by the mid-nineteenth century, prompted by a shift toward an economy based on commerce, manufacturing, and larger scale agricultural endeavors. What is your best explanation for why this change took place? What impact did this change have upon the ethics and civics of what it meant to be an American? Be sure to consider change over time and geographical differences in your analysis. Hint: Think broadly here as you scattershoot/concept map your essay before writing. What were the economic causes of this change (think about markets, productivity, trade policies, etc.)? What role did technological change play? Consider social causes (conflicts between groups, classes, races, genders),…Explain using suitable examples Michael Porter's National Competitive Advantage Theory