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 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.
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 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.
Case in class La poste - Tesco
Case TESCO p.437
1. Tesco has gradually grown to become an international
leader in hypermarkets. The company sells products
ranging from grocery items to electronics to clothing. It is
also involved with several other indust
Case 8 AB Inbev: adapting beer products in global markets Chapter
1. Is the decision to focus on Budweiser, Stella Artois, and Becks the correct one? Were
any of the brands incorrectly chosen? why or why not?
First, standardized these 3 brands allowed to
1) (1) China has 1,000 units of capital and 3,000 workers; (2) the United States has 3,000 units of
capital and 1,000 workers; (3) clothing production is labor intensive, and (4) chemical
production is capital intensive. Suppose that the United
Questions P 150
1. The beliefs, customs, and attitudes of a distinct group of people
constitute its culture. Culture exhibits a powerful influence on all aspects
of international marketing. The term culture can be applied to a nation, a
Marketing Homework Chapter 8
Questions page 290
1. The unauthorized use or reproduction of intellectual property that has been legally
protected is intellectual property piracy. Oftentimes piracy takes the form of a close
replication of existing products,
Marketing Homework Chapter 6
1)Market research is the systematic gathering, storing, and analysing of
marketplace information for use in strategic decision-making.
2) Market research techniques are based on the scientific-method, a term
that describes how
International Marketing - Homework 2
Question 1-16 p.109
1. Exporting : An export is a function of international trade whereby goods
produced in one country are shipped to another country for future sale or trade.
Importing : An import is a good or servic
1) Suppose that a foreign monopolist supplies the entire domestic market (there is no domestic
production). The home country then applies a 5% tariff on imports from the foreign monopolist.
How will the tariff affect the price in the home marke
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
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