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„Local content‟ laws
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dd 51 35. W hich of the following is NOT considered a „barrier to trade‟: ID: 1851 Do wn lo 36. Suppose there are two countries – Alpha and Beta – and two commodities widgets and gadgets. Which statement is correct:
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18 st Te oader Downl 18 65 43 Do
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or r Test ID: 1851 37. For the U.S. to reduce its net indebtedness to the rest of the world it must:
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ID : 43 Export less and import more
Export and import more
Export and import less
Export more and import less
None of the above; None of these will affect its indebtedness 65 Test Oxdia @ http://www.oxdia.com er ID: 4365 Download This item is shared by the uploader to help you in your studies.
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Solution (if any) is NOT audited, so use at your discretion. ID: 1851 : er lo wn Do ad ID 43 65 51
Te ID : on to 65 43 : : ID ID er ad st lo wn Te Do .s
tu 51 a. If Alpha has an absolute advantage in both goods it should import both from
b. If Alpha has an absolute advantage in both goods it should export both to
c. If Alpha has a comparative advantage in gadgets, it should import them Beta,
and export widgets.
d. If Alpha has a comparative advantage in gadgets, it should export
them to Beta, and import widgets.
e. If Alpha has a comparative advantage in gadgets, it should export both
gadgets and widgets to Beta. I 43
ID 43 wn
er : : 65 ID
er ad lo wn Do Do 65 : 43 ID 38. Which of the following would NOT be a good policy for a business to follow in
dealing with the problem of global warming:
er ad lo wn Do a. Be aware of which countries have and have not ratified the Kyoto protocol
when deciding where to build new production facilities
b. Find a region of the planet with low current greenhouse gas emission...
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- Spring '08