Marginal productivity of labor
Suppose that labor is the only factor of production in the Home and Foreign
countries. Home and Foreign countries can produce only widgets and cloth. Marginal
productivity of on
Answer Key to Chapter 4 Quiz
1. The Ricardian model of international trade demonstrates that trade can be mutually beneficial.
Why, then, do governments restrict imports of some goods?
Trade can have substantial effects on a country's distribution of inco
Answer Key to Chapter 3 Quiz
Trade between two countries can benefit both countries if
each country exports that good in which it has a comparative advantage.
each country enjoys superior terms of trade.
each country has a more elastic demand for
Answer Key to Chapter 1 Quiz
International economics can be divided into two broad sub-fields
macro and micro.
developed and less developed.
monetary and barter.
international trade and international money.
static and dynamic.
Series: PRIO New Security Studies
Series Editor: J. Peter Burgess, PRIO, Oslo
The aim of this series is to gather state-of-the-art theoretical reflexion and empiri
cal research into a core set of volumes that respond vigorously and dynamically to
BJPIR: 2008 VOL 10, 525549
The Orange Revolution: Peoples
Revolution or Revolutionary Coup?
The Orange Revolution in Ukraine is widely considered to be an instance of the coloured
revolutions of 1989 engend
Baku State University Law Review
Volume 2 | Issue 1
Case of Islam-Ittihad Association v.
The article has been dedicated to one of the challenges of our times. In general, it discusses
the phenomena of freedom of r
Rethinking the Coloured Revolutions
The communist world was supposed to have had its revolution in 1989. But
the demise of the Soviet Union came two years later, at the end of 1991; and
then, perplexingly, a series of irregular executive changes began to
BASHIROV / GALIB / M
624 6242139662346 0
CI Sras Kap
Test Canvas: Assignment 3 1148 - ECO4703 - .
Tests, Surveys, and Pools
Test Canvas : Assignment 3
Edit Mode is:
This Test has 35 attempts. For information on editing questions, cli
Due Sunday, October 12
1) Starting from an autarky (no-trade) situation with Heckscher-Ohlin model, if Country H is relatively labor
abundant, then once trade begins
*A) wages should rise and rents should fall in H.
B) wages and rents should
Due Tuesday, November 19
1) If a good is imported by a large country H from a foreign country F, then the imposition of a tariff in country H
A) raises the price of the good in both countries (the "Law of One Price").
B) raises the price in c
Answer Key to Chapter 2 Quiz
The gravity model suggests that over time
trade between neighboring countries will increase.
trade between all countries will increase.
world trade will eventually be swallowed by a black hole.
Emory University Spring 2011
ECON 431 International Trade
Instruction: Answer all the questions. In questions requiring numerical answers, assume,
if necessary, that consumers spend their income equally on each good. Leave your