Since about 1970, in both developed and developing countries, the ratio of trade to GDP has ; over the same time period, in the United States and the European Union, the ratio of imports from developing countries to total imports Multiple Choice increased; has decreased increased; also has increased decreased; also has decreased decreased; has increased
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- In 1980, Denmark had a GDP of 70 billion (measured in U.S. dollars} and a population of 5.1 million. In 2000, Denmark had 3 GDP of 160 billion (measured in U.S. dollars} and a population of 5.3 million. By what percentage did Denmarks GDP per capita rise between 1980 and 2000?Suppose that United States produces 10,000,000 barrels of oil and 1,000 bushels of wheat each week. Suppose that China produces 14329 barrels 14329 barrels of oil and 14329 bushels 14329 bushels of wheat each week. In autarky, what is the largest amount of wheat United States can consume every week? amount of wheat per week:___________ bushels What does the term autarky refer to? a. a major argument against globalization b. a situation where one country does not engage in trade with other c. countries d. the process of negotiating terms of trade between two countries e. government policies meant to reduce international tradeConsider a developed country, Country A. Assume that the trade volume (exports + imports) with respect to its economic development level can be described by the following function: T(D)=2D^2+5D+9 Where: T(D) represents the trade volume in billions of dollars. D is the level of development, measured by some index (e.g., Human Development Index) where 0≤D≤10. Calculate the derivative of T(D) with respect to D. Interpret result in terms of the rate of change of trade volume with respect to development. At what level of development D does the country experience the highest rate of change in trade volume? If the standard deviation in the development index scores of developed countries is 1.2, how would this affect interpretation of trade patterns among developed countries? Note: For the purposes of this question, assume that the relationship is purely mathematical and doesn't account for other real-world factors that might influence trade volume.
- Last year, $100 million in outstanding bank loans to a developing nations government were not renewed, and the developing nation's government paid off 52 million in maturing government bonds that had been hel bu foreign residents. During that year, however, a new group of foreign banks participated in a $104 million loan to help finance a major government construction project in the capital city. Domestic firms also issued $42 million in bonds and $62 million in stocks to foreign investors. all of the stocks issued gave the foreign investors more than 10 percent shares of the domestic firms. calculate the gross foreign investment in the nation last year. $___ million calculate the net foreign investment in the nation last year. $___ millionIn a farway country, banana is the most important crop exported to rest of the world. Data about economic indicators for farway country are given in Table 1. In recent years, a life style change, leading to more consumption of processed food, than raw food has led to reduction in demand for Bananas for consumption. Since the manufacturing sector in FarwayCountry is not developed, the country has to import most of its processed food needs, leading to increase in imports.The Government of Farwaycountry is contemplating inviting foreign investors to establish industries to manufacture banana products such as candies, marshmallows, chips, cookies etc. to give boost to manufacturing sector in the economy. Mr. Brown runs Candie Floss inc., a leadingcompany from Australia that manufactures candies, and sells across the world. Mr. Brown is approached by the External Affairs Minister of Farway Country, inviting him to set up his unit in Farway Country. Mr. Brown is looking for some advice,…were the answer Globalization and the Asia Pacific and South Asia 1,2,3 numkber? please kindly arrange it !
- That a rich country like Germany has such a small ratio of imports to GDP as compared to Belgium is the evidence of geography. Please explainWhat are the actors that facilitate economic globalization? - International Economic and Financial Organizations - Non-Governmental Organizations - International Governmental Organizations - Trans-National Corporations (TNCs)how can countries attain/account for trade equilibria when involved in trade transactions?
- Why high tech exporting by SME's is more profitable and valuable than by non high tech goods.South Korea, China and India export/gdp ratio have been mostly in- creasing fast since 1980s. Which country of the three has the highest export/gdp ratio around early 2010s? i. China ii. South Korea iii. IndiaDemographic changes and international trade Demography is the study of the structure of human populations – their size, agecomposition, gender mix, growth and so on. Changes in the population, age and gendermix of the world’s major economies suggests that major changes are predicted for theworld economy. Owing to better health care, education and hygiene, major world economies now face thechallenge of an ageing population (increase in the number of people aged 60 years andabove). The population of major economic powers like USA, Germany, South Korea andJapan are predicted to get smaller and older over the next few years. According to theorganization for Economic Cooperation and Development (OECD), the old-agedependency ration will rise dramatically over the next few years. The old-age dependencyratio is the ratio of the number of people aged 65 and above to the number of peoplebetween the ages of 20 and 64. The implications of these demographic changes for countries and companies are…