President Trump is currently getting tough on trade. This means he wants terms of trade so that Question 55 options: U.S. exports to rise Net factor payments to rise Net factor payments to fall U.S. imports to rise
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President Trump is currently getting tough on trade. This means he wants terms of trade so that
Question 55 options:
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U.S. exports to rise |
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Net factor payments to rise |
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Net factor payments to fall |
|
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U.S. imports to rise |
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- President Trump is currently getting tough on trade. This means he wants terms of trade so that Net factor payments to fall U.S. exports to rise U.S. imports to rise Net factor payments to riseYou work for a Nova Scotia Company trying to successfully enter the cranberry market in Australia. Analyze the entry country (Australia) based on the following; What are the major exports, dollar value, and trends? What are the major imports, dollar value, and trends? Does the entry country have a surplus or deficit for trade? What are the exchange rates? Are there any restrictions on currency trade? You should also consider sweat shops, skilled labor, employee unrest, political and social activists and labor unions in your analysis.Question 3 (Supply and Demand) Evaluate the effect of the following on the Canada-US exchange rate: a) A tariff is placed on the import of Canadian goods into the US. b) The U.S. stock market is expected to significantly increase in value. c) The saving rate in Canada (% of income saved) significantly increases. d) The US significantly increases taxes on capital investment. e) A decrease in the price of flights to Florida in February.
- Explain how trade restrictions 1) affect gains from trade and 2) impact net exports in the U.S.The U.S. economy relies heavily on international trade. Choose two transactions at random that result from international trade; one where purchases are made from another country and one where the U.S. sends a product to another country. Identify the impact of each of these on imports, exports, net imports, and net exports at the time the transaction takes place. For example, if you purchase a product online that is made in and shipped from Italy to you in the United States what is the effect on the U.S. economy in these four categories at the time of the transaction? In addition, there has been a lot of news in recent years surrounding tariffs. Exactly what is a tariff and what is the impact of tariffs on international trade? Who pays the cost of tarffs?Can you answer the questions, please? I do not need an explanation, I need only a correct answer. 45) Assume that Outland specialises in producing skateboards and Inland specialises in producing surfboards. After trade, Outland exports 500 skateboards and imports 100 surfboards. The rate of exchange A) is 1/5:1 skateboards to surfboards. B) is 5:1 skateboards to surfboards. C) is 1:5 skateboards to surfboards. D) cannot be determined from this information 46) It costs a computer manufacturer £2000 to produce a personal computer. This manufacturers sells these computers abroad for £1800. This is an example of A) a trade-related economy of scale. B) export subsidy. C) dumping. D) a negative tariff.
- Q53 Many people argue that the imposition of tariffs in industry X will increase factor incomes in that industry and therefore be good for the country as a whole. The counter-argument is that... a. Factor incomes would first rise and then decrease in industry X. b. The increase in industry X factor incomes would be more than offset by reductions in real incomes to all other domestic residents. c. The increase in factor incomes in industry X would reduce profits to business owners by an equal amount. d. Factor incomes overall would increase, but wages in industry X would fall, which would hurt workers in that industry. e. The increase in factor incomes would increase unemployment.A country has a trade surplus when Group of answer choices its exports exceed its imports. its government spending exceeds its tax revenues. its exports equal its imports. its exports are less than its imports.Imagine you are an advisor to your government and that your economy faces a problem of declining terms of trade for its exports. Discuss the possible policy changes for the economy and any other strategies you would recommend to avoid declining terms of trade in the future.
- Suppose for a given country the demand for imports and exports can be expressed as shown below. Calculate the trade balance if E = 200 where E is the exchange ratio. Be sure to include the sign if you come up with a negative number. IM = 1,200 + 0.05E EX = 700 - 0.08EQuestion 5a) Identify and explain using appropriate diagrams the 2 main categories of gains from trade. b) Some economist recommends that countries should specialize in trade. What are 3 main disadvantages and 3 advantages of doing so.c) Using the table below, Calculate the Net Barter term of trade for each year using 2010 as the base year. YEAR PRICE OF EXPORTS PRICE OF IMPORTS QUANTITY EXPORTED 2010 100 100 100 2011 95 120 110 2012 80 110 120 c. Using the information provided above calculate the Income Term of trade. What can be observed between the Net Barter Term of trade and Income term of trade calculated. d. Explain he differences between the Ohlin and Leontif theory on factor abundance.As a country develops economically, what changes usually take place in the goods it exports? Select your answer and explain WHY There is little change because comparative advantage does not change. Raw materials and agricultural products decline in importance, replaced by services and manufactured goods. Services and manufactured goods decline in importance, replaced by raw materials and agricultural products. Exports go from being diversified to being specialized in whatever the country finds its comparative advantage.