ECON 460, Spring 2013
Due in class on February 25th
Homework 4
1. The stock of capital in Pakistan is 10000 million units while its labor force is 100 million
(rounded off!). Bangladeshs capital stock
ECON 460 001, 002 Homework 4 due on October 11, 2010 1. ThestockofcapitalinPakistanis10000millionunitswhileitslaborforceis120million (roundedoff!).Bangladeshscapitalstockis8000millionunitswhileitspopu
ECON 460 001, 002 Homework 2 due on September 15, 2010 1. Consider the following Classical labor requirements: Shoes Italy Switzerland 6 hr/pr 8 hr/pr Wine 4 hr/gal 4 hr/gal
(a) What should Italy and
Fall 2010 ECON 460 001, 002 Homework 3 due on September 22, 2010 1. There is no need to draw graphs for this question: (10 points) a. In the neo-classical model, what is the main basis for trade? b. I
ECON 460 001, 002 Homework 1 due on September 3, 2010 Question 1: The following table shows the hours of labor required to produce 1 unit of each commodity in each country: Wheat Clothing United State
ECON 460
Homework 1 Answer
Question 1: The following table shows the hours of labor required to produce 1 unit of each commodity in
each country:
Wheat
Clothing
United States
3 hr
9 hr
United Kingdom
ECON 460 001, 002
Homework 1 Answer
Question 1: The following table shows the hours of labor required to produce 1 unit of each commodity in
each country:
Wheat
Clothing
United States
3 hr
9 hr
United
ECON 460
Homework 2
1. Consider the following Classical labor requirements:
Shoes
Italy
Switzerland
Wine
6 hr/pr
8 hr/pr
4 hr/gal
4 hr/gal
(a) What should Italy and Switzerland export?
Italy should ex
Fall 2010 ECON 460 001, 002 Homework 3 due on September 22, 2010 1. There is no need to draw graphs for this question: (10 points) a. In the neo-classical model, what is the main basis for trade? Diff
ECON 440 Class Exercise 7
1. The demand for trees, a public good, by Andy is given by Q = 100 P while Bobs is
given by Q = 100 0.5P. If the total cost for providing trees is defined by 75Q. What is
th
ECON 460
Homework 4 due on February 25, 2011
1. The stock of capital in Pakistan is 10000 million units while its labor force is 120 million
(rounded off!). Bangladeshs capital stock is 8000 million u
ECON 460: Spring 2016
Homework 3 due on February 10, 2016
(Please keep a copy of your answers for studying for test 1)
1. Suppose that two countries (Country I and Country II) have identical increasin
HW3 Answers
1. There is no need to draw graphs for this question: (10 points)
a. In the neo-classical model, what is the main basis for trade?
Differences in autarky relative prices forms the main bas
ECON460, Homework 6
DUE IN CLASS ON APRIL 9, 2015
I.
Use the transactions from the exercise on Balance of Payments given in class to fill the entries
in the following BOP: (30 points).
Goods Exports:
ECON 460
Homework 5 Answers
PLEASE FIND DEFINITIONS IN YOUR TEXTBOOK.
Please read Chapter 13 to answer questions 2 to 10
1. If Austria is a rich country, Brazil is a middle income country, while Chad
ECON 460 -001 and 002, Fall 2010 Homework 6: Due in class on October 25, 2010 1. The free trade price of Steel is $500 per ton. Let us say that the ad-valorem tariff is 20%. U.S. steel manufacturers p
ECON 460 Homework 8 (Final HW)
1. a. Draw a graph to show the CIP condition. In the graph, plot the following and indicate whether
there will be capital inflow or outflow: (10 points)
(i)
INY = 0.02;
ECON 460 Homework 7
DUE IN CLASS ON April 16, 2015
1. Suppose that iNY 2 percent, iLondon 6 percent, xa ( expected appreciation of the pound) minus 1
percent ( that is, the pound is expected to deprec
ECON 460, Spring 2011
Homework 5 Answers
Due in class on March 2, 2011
PLEASE FIND DEFINITIONS IN YOUR TEXTBOOK.
Please read Chapter 13 to answer questions 2 to 10
1. If Austria is a rich country, Bra
ECON 460
Homework 6
1. The free trade price of Steel is $500 per ton. Let us say that the ad-valorem tariff is 20%. U.S.
steel manufacturers produce 7 million tons of Steel per month with this protect
ECON 460 -001 and 002: Homework 7
1. Use the transactions in Example 8 to fill the entries in the following BOP: (20 points)
Now let us write the BOP statement for the above example:
Now let us write
ECON 460 Homework 8
SPRING 2013 DUE IN CLASS ON APRIL 17, 2013
HOMEWORK WILL NOT BE ACCEPTED VIA EMAIL or UNDER MY OFFICE DOOR.
PLEASE SUBMIT A HARD COPY IN PERSON.
1. a. Draw a graph to show the CIP
ECON 460 Homework 6
Due in Class on March 8, 2013
1. The free trade price of Steel is $500 per ton. Let us say that the ad-valorem tariff is 20%. U.S.
steel manufacturers produce 7 million tons of Ste
ECON 460 -001 and 002, Spring 2011
Homework 7: Due in class on April 11, 2011
1. Use the transactions in Example 7 to fill the entries in the following BOP: (20 points)
Now let us write the BOP statem
SECTION I: Multiple Choice (3 points each). PLEASE CI CLE.
l. The current US Trade Representative is
a. Robert Price obert Lighthizer
b. Wilbur Ross d. Christine Lagarde
2. The following graphs show t
ECON460, Homework 6 , Fall 2017
Due in Class on 11/13/2017
1. Explain how the following items would be entered into the U. S. balance of
payments. What are the resulting credit and debit entries? (40
Test 18, Fall 2017 - Page |2
SECTION I: Multiple Choice Questions (3 points each). PLEASE CIRCLE ANSWERS.
l. Pakistan and lndia are trading partners. Pakistan experiences a favorable productivity shoc
ECON 460 Spring 2017
Homework 5 - Due in Class on March 10, 2017
1. The free trade price of Steel is $400 per ton. Let us say that the ad-valorem tariff is 10%. U.S.
steel manufacturers produce 7 mill
ECON 460 Fall 2017
Homework 5 - Due in Class on October 27, 2017
(Please keep a copy to study for Test 2)
1. The free trade price of Steel is $400 per ton. Let us say that the ad-valorem tariff is 10%