"western Japanese and other multinational corporations will aim to reduce their dependence on china: . explain the consequences this would have on china, taking into consideration the importances for host country
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"western Japanese and other multinational corporations will aim to reduce their dependence on china: . explain the consequences this would have on china, taking into consideration the importances for host country
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- Why might Belgium, France, Italy, and Sweden have a higher export to GDP ratio than the United States?You just overheard your friend say the following: Poor countries like Malawi have no absolute advantages. They have poor soil, low investments in formal education and hence low-skill workers, no capital, and no natural resources to speak of. Because they have no advantage, they cannot benefit from trade. How would you respond?With Russia's and Ireland's biggest export, discuss the potential of a comparative advantage, and why the importing country doesn't simply produce that good or service.
- Give typing answer with explanation and conclusion Which statement is true of tariff reductions? Question 15 options: a) Tariff reductions lead to increased foreign competition that undermines the welfare of a nation. b) Tariff reductions primarily benefit import-competing industries within a nation. c) Reciprocal tariff liberalization has quickly become widespread to support free trade. d) Tariff reductions can increase the overall welfare of a nation when affected industries are compensated for their losses.Refer to Table 19.1. Guatemala should specialize in and export ________, and Mexico should specialize in and export ________. Group of answer choices bananas; oranges oranges; oranges bananas; bananas oranges; bananascan you help me rewording this paragraph? Since Ghana and Côte d'Ivoire have similar environment, level of education and institutional background, the imports, and exports from Ghana to Côte d'Ivoire and from Côte d'Ivoire to Ghana is result of intra industry trade. Intra industry trade is the trading of goods within the same industries from one nation to another. So, the trade between these two countries in this case cannot be explained by comparative advantage. It can be explained with economies of scale. Ghana's agricultural exports to Switzerland and Switzerland differ from Ghana in many aspects. Thus, indeed, trade between the two countries can be explained by a comparative advantage. Ghana can grow food at a lower opportunity cost than Switzerland and thus has a competitive advantage over food. In Switzerland, food processing was also rendered at higher opportunity costs. Therefore, by trading with each other, both countries can gain from trade and Ghana can export food to…
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- 16. Suppose the US imposes trade barriers against Peru’s exports, and Peru charges the US with violating WTO rules. A WTO dispute settlement panel then decides that the US is guilty of violating the rules. Why might the existence of the WTO dispute settlement system make the US more likely to reverse its policies (i.e., remove the trade barriers against Peru)? Put differently, how does the existence of this institution change the US calculus compared with the non-institution counterfactual?How important is international trade to the U.S. economy? In terms of volume, does the United States trade more with the industrially advanced economies or with developing economies? What country is the United States’ most important trading partner, quantitatively?Which one of the following is not a reason why import tariffs (duties or taxes) are imposed on products imported into a country?a) to protect domestic firms against competition from importsb) to raise government revenuec) to discourage consumption of goods that are seen as threats to human healthd) to provide revenue source for foreign country
