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RELATIONSHIP BETWEEN THE Global NORTH and the Global SOUTH
Guide Questions:
- Is one causing the other?
- Is one exploiting the other?
- Is one interdependent or dependent on the other?
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Solved in 3 steps
- With the aid of a diagram, explain the effect of a new technological mobile weather station on the Jamaica’s Farm PPFQuestion 4 Dutch Disease is a phenomena that is a natural resource country faces. Explain the two effects that this phenomena has, using for example Oman economy where: non-tradable sector is services (Transportation), the two tradable sectors are; the booming sector (Oil) and the lagging sector (fishing)?CLIMATE CHANGE – what are the macro factors impacted and provide examples.
- 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?Explain why tourism satellite accounts are useful and give examples for direct and indirect effects (two examples for each) in tourism related field.UK POLICY TO SUPPORT THE ECONOMY DURING COVID 19
- Comparing 2019 with 2020, we know that trade disputes between the US and China reduced the amount of goods imported into the US economy from China (Source: US Census Bureau). This resulted in in the demand for the RMB (which is the currency of China). Group of answer choices A) an increase B) no change C) a decrease D) none of the other choicesA trade policy analyst is planning to assess the relationship between Foreign Direct Investment (FDI) and exports using a panel data of 20 countries over a period of 15 years. Use data from the World Development Indicators for a particular group of countries to determine the nature of the association between the two variables. Write brief notes on the following a) Explain the difference between cross section and panel data. b) Define the variables included in the econometric models and explain the rationale behind the inclusion of each c) Estimate the relationship between foreign direct investment and exports by pooling all the observations.Discuss the limitations of this technique d) Estimate the same relationship in (b) using the fixed effects and random effects model. Interpret your findings in line with the existing literature as to whether FDI and exports are substitutes or complements e) Which model in (c) is more appropriate? Support your answer with the relevant test. f)…COVID-19 has undoubtedly been a defining time in our generation's history, with effects on global economies comparable in some instances to what was experienced during the Great Depression of the 1930s. The pandemic has also recalled the economic shockwaves of the Global Financial Crisis of 2008/09. One can argue that this episode is like none seen before because it hasn’t emanated from economic factors. The pandemic is also having a broad spectrum of effects on economies and exchange rates globally. 4.2. Discuss the main drivers of the performance of emerging market currencies since March 2020.
- The Heckscher-Ohlin model predicts that trade in goods leads to convergence in prices of factors between different countries. True FalseQuestion 2 Globalisation Explain the cause, effect, and future of globalisation. Your answer should be based on an appropriate order following these key words and phrases: history; mercantilism; protectionism; David Ricardo; WTO; beneficiaries; those disadvantaged; trade wars; multilateral, plurilateral and bilateral agreements; future of globalisation.UK POLICY ACTions TO SUPPORT THE ECONOMY during covid 19