tutorbin

international economics trade homework help

Boost your journey with 24/7 access to skilled experts, offering unmatched international economics trade homework help

tutorbin

Trusted by 1.1 M+ Happy Students

Recently Asked international economics trade Questions

Expert help when you need it
  • Q1:To Do Make sure to revise your Research Objectives to be specific enough (must be written by you) so that you can do the Data Analysis and Business Recommendations. See Sample Research Report. Sources: Must have 2-4 or more foreign sources and 3-5 or more Canadian sources, maximum 1-2 journal articles. APA: In-text citations and References must match. Number References. Content: 3 graphs (made by you in Excel) must have sufficient information: Question/Theme at the top and Title (including method) at the bottom. Data in research objective must match Data Analysis. Purpose in research objective must match Business Recommendation. Common purposes are marketing campaign, pricing strategy, distribution plan, product adaptation, promotional strategy, etc. Your research objectives must come from your sources, not taken from the sample. Writing: Single-spaced. Do not change key words in sources. Use "Ctrl+A" to ensure consistency in font and format. Please note: There will be no re-do/re-submission after the due date. Make sure you have the required sources, APA, content and writing. Avoid copy/paste or any writing that is not yours. Avoid putting in References sources you did not use, webpages without content, or sources that are not real. Example name Sample Report is how it is supposed to be done and above is the specific instructions to be followed for sample report. Some background info, I had two work done here on my topic " Corey Nutrition Company #Exporting pet foods to Jamaica". I will have them attach so to get a clear example of where we are going. Research Proposal and Intelligence report for my research proposal. Topic link-(also attached) :https://www.international.gc.ca/world-monde/stories-histoires/2019/CPTPP-corey.aspx?lang=eng Need to make 10-12 pages single spaced excluding referencesSee Answer
  • Q2:On the basis of your findings and analysis, answer the following questions. Globalisation will make our societies more creative and prosperous, but also more vulnerable' (Robertson, 2001) How true is this statement for your country? What have been the political, economic, technological, social, environmental, or other positive/ negative impacts of the globalization trend on your country? Robertson, L. (2001, January 29). NATO speech: 1. Explain how TESLA motors company has come to its current globalization situation. 2. What can TESLA do differently to maintain competitive advantage over its competitors in future? Justify with relevant examples. https://www.nato.int/docu/speech/2001/s010129a.htm 200 words, 7th edition APA citation formatSee Answer
  • Q3:1. Describe and analyse the exchange rates. 2. When do exchange rates change? 3. What is the disadvantage of flexible rates? Write 3 separate paragraphs ( 150-200 total words ) using APA format. Do not forget to indicate at least 3 sources.See Answer
  • Q4:How do changes in relative real interest rates affect exchange rates?See Answer
  • Q5:Assignment #1 This assignment relates to the following Course Learning Requirements: CLR1: Define economics and explain the basic principles of economics Objective of Assignment: The objective of this assignment is to measure your understanding of the role of scarce resources and unlimited wants in economics, your ability to apply the concept of opportunity cost to real world situations, and your ability to construct and use the Production Possibilities Curve model to illustrate economic choice. Pre-Assignment Instructions: Complete up-to and including module two, including assigned readings and work. Assignment Tasks: 1) Production Possibilities Curve Consider a bakery that produces two baked goods, muffins and bread loafs. Draw your own a production possibilities curve for the two products. The drawing can be either digitally created or an uploaded picture of a hand drawn curve (in either scenario, ensure the information is legible and clear)/nAssignment Tasks: 1) Production Possibilities Curve Consider a bakery that produces two baked goods, muffins and bread loafs. Draw your own a production possibilities curve for the two products. The drawing can be either digitally created or an uploaded picture of a hand drawn curve (in either scenario, ensure the information is legible and clear) a) Label the axis b) Draw and label a point (A), to demonstrate a scenario where one muffins is allocated more of the resources. (1 points) c) Draw and label a second point (B), where bread loafs is more of the resources. (1 points) d) Shade the area of possible production green. (1 points) e) Shade the area outside of the limits of production red. (1 points) f) Explain how the curve would change, should a new technology be invented that reduced the waste of the inputs (resources) - draw the change on the graph. (2 points) 2) Opportunity cost Page 1 of 2See Answer
  • Q6: Assignment Instructions: Write a 5-page paper in length (double spaced) APA format on how one country (not the US!) is doing one of the following: 1) addressing one shortcoming highlighted in that country's MER, 2) implementing CBDCs, 3) developing and incorporating blockchain technology into their financial sector, or 4) implementing new regulations for new technologies. Graphics and charts can be included and put towards page count. CAN CHOOSE ANY COUNTRY ON YOUR OWN./n1) addressing one shortcoming highlighted in that country's MER, 2) implementing CBDCs, 3) developing and incorporating blockchain technology into their financial sector, or 4) implementing new regulations for new technologies.See Answer
  • Q7: Assignment Instructions: TOPIC: for Terrorist Financing involving DVE's identify and discuss one specific preventative measure or regulatory change that US Treasury could implement or focus on to mitigate that specific risk. Please address how your proposal would mitigate that specific risk. NEED TO WRITE IN 2 PAGES, DOUBLE SPACED.See Answer
  • Q8:All questions are equally weighted (50 marks and 1000 words for each question) The total word count is 2000 words (+/- 10%); equally distributed among all the questions, i.e., 1000 words for each question. Where the question has a sub-part, the division of marks and words is equal. The limits as stated include quotations in the text, but do not include the title page, bibliography, footnotes/endnotes, appendices, abstracts, maps, illustrations, transcriptions of linguistic data, or tabulations of numerical or linguistic data and their captions. Referencing is required and should follow the APA citation style. Followed by details of materials that can be accessed during examination (if appropriate), e.g.: Examination handout: Table of Physical Constants Question 1 You are the head of the international business division of a large and successful American automotive multinational. The company specializes in the production of cars- both traditional and electric. The CEO of your company informs you that the top management is considering a market-seeking foreign direct investment (FDI) in India. You are asked to (a) assess the opportunities and challenges that the formal and informal institutions in India could present to the company over the next five years (i.e., 2024-2028); and (b) identify the changes that the company needs to make in its products (cars) and services (pre- and after-sales services) to be successful in the Indian market. Question 2 It is a common business practice for multinationals in developed countries to relocate labour-intensive production to low-cost emerging economies. While this type of foreign direct investment (FDI) promotes economic growth and improves employment opportunities and living standards, it can also be associated with the exploitation of workers and environmental degradation in the host countries (i.e., emerging markets). In addition, the relocation of production from developed markets can have a negative impact on employment and investment in the home country. Critically debate how you would defend your arguments for and against this type of FDI if you are (1) the CEO of a developed country MNE that is moving production to a low-cost emerging market; (2) the leader of the labour union in the home country of the MNE that has cut many jobs because of the production move; and (3) the leader of an environmental NGO in the low-cost emerging market where MNE has invested.See Answer
  • Q9:1. Consider the utility function where the parameters and all the 3 are positive. For simplicity, ignore the case = = 1. a. Given the vector of prices p = (p₁.....PN), define U(.....) = 1/4-21-1/4" P(p) can be written as for n = 1,..., N. = min (EN) c. Determine V(p.x). (i) Set up the Lagrangian. Write down the first-order conditions and use the constraint U (₁,...,CN) = 1 to simplify these conditions to p = µ(3/₂)¹/, for n = 1,..., N, where is a positive Lagrange multiplier. (ii) Determine the consumption choices (c₁,..., CN) that solve (1). (iii) Verify that V(p, x) = n=1 N {Σ P.C. : U(C... (x) ≥ 1}. P(p) = b. Show that the consumption choices that solve max 1/(1-1/2) (CEN) N 1/(1-x) Eve-)* N ;, {U ( ... ) : Σ PC ≤ 2} Cn = Bn B. (P(p)) P(p) (1) (2)See Answer
  • Q10:2. Consideran economy with J countries producing J different country-specific goods, as in the Armington economy of lecture note 2. Consumers everywhere have the prefer ences shown in question 1, with XJ. In country, there are > 0 consumers, each endowed with one unit of labor. Everyone supplies laboristically There is a linear labor-only technology for producing country-specific good, and the productivity of this technogy is Write for the amount of good supplied by country Countries can fly wade all goods a. Explain why the relative prices for all and are the equilibrium prices for this economy. You can appeal to what you batore about hamothetic utily tamctioans without goaling, tacugh the tull ootruction of the competitive equilibrium (i) Tetecmine the ratio of pe-capital income tlor any poalir of countries i and i Show that per-capita income in country i declines relative to per-capita income in country if the population of country i incases relative to that of country >1, what happens to relative per-capita incomes when one country becomes more productive relative to the other? Answer the question for the caser(0,1) d. Real income is nominal income divided by the price index P Use the relative prices obtained in a to show that BR/M **(()) Show that per-capita income in country falls if its population increases Now that >1. Show that meal per-capita income in country jsises when this country becomes more productive. One can show that it may tall if <1, but you are not asked to show that heSee Answer
  • Q11:Student note : this essay is on a current event. this is the article https://www.usnews.com/news/economy/articles/2024-01-25/remote-work-has-radically-changed- the-economy-and-its-here-to-stay A three page (double spaced typed) summary and your reaction to the article and rating of the article (1 lowest to 5 highest) must be submitted.See Answer
  • Q12: Econ 256 INTERNATIONAL MONETARY SYSTEMS Assignment #2 INSTRUCTIONS: You can work on the assignment in a group but each student is responsible to submit his/her own copy of the assignment. The answer to question 1 can be handwritten (if you do not know how to create diagrams in Word, or another text-editor). The answers to question 2 must be typed. Remember that the quality of presentation is important. Total points are 20. 1 Money Supply and Interest Rates: (10 points) Assume prices do not adjust in the short-run but are flexible in the long-run. a. Show how a temporary expansion of the domestic money supply of 2 % affects interest rates and the exchange rate in the short-run. Assume that uncovered interest rate parity holds. Use diagrams and explain the process. b. Assume that the monetary expansion is permanent. How does it affect interest rates and the exchange rate in the short run? Use diagrams and explain the process. c. What is the impact of the permanent expansion in the long-run? Contrast this with the short- run. d. (Spillover) Now show how a permanent expansion of the foreign money supply of 2 % affects domestic interest rates and the exchange rate in the short-run. Assume that uncovered interest rate parity holds. Use diagrams and explain the process. e. What is the impact in the long-run on the domestic economy of a rise in foreign money supply? Contrast with the short-run in (d). f. What happens if both countries expand money supply by 2%? 2 International Reserves (10 points) We got some experience working with Canadian data available through Statistics Canada in Assignment 1. In this question we access the International Monetary Fund (IMF) data. Working with IMF data may be a little bit more frustrating than with Statistics Canada data. The first database we look at is International Reserves and Foreign Currency Liquidity (IRFCL) at http://data.imf.org/?sk=2DFB3380-3603-4D2C-90BE-A04D8BBCE237. This database contains information on official foreign exchange reserves (and other data as well). The second database is World Economic Outlook at World Economic Outlook Database (imf.org) 1 Econ 256 INTERNATIONAL MONETARY SYSTEMS Assignment #2 a. b. It contains various data from national accounts, balance of payments, trade, commodity prices and much more. Pick Canada and Japan over 2001-2022. Use annual data. One of the supposed benefits of having a flexible exchange rate is that the monetary authority does not need foreign reserves to defend its currency. Plot the Official reserve assets for Canada, from 2001 to 2022. Comment on the pattern. Get data on Reserves and GDP for Canada and Japan. Calculate reserves as a share of GDP for each country. Plot the evolution of shares on a graph. Comment. C. Based on the above, are Canada's reserves large or small? Discuss. d. Pick two more countries: Australia and China and calculate reserves as a share of GDP but only for one year: 2019. What do you conclude about exchange rate arrangements for these countries? Hints and Tips: • ● • • At the IRFCL, pick “Data Query" tab. On the left side, you would see "Time," "Indicator," "Country," and "Sector.” All data in IRFCL are in million US dollars. Once you are done selecting the appropriate entries for the indicators, click on "Export" tab and select ".xlxs" At the WEO database, select “Gross domestic product, current prices, US dollars" Note that data are in billions. After selecting "Data Range” click on "Prepare Report." Note that the data range goes beyond 2022. This is because the database contains IMF's forecasts after 2022. We are not interested in those forecasts. 2See Answer
  • Q13: Advanced International Trade—Problem Set 3 1. Consider a world with two countries and three goods. Both countries can use linear labor-only technologies to produce these goods. The labor productivities in the home country are denoted by Zn,H, and in the foreign country by Zn,F, where n = {1, 2, 3}. These productivities are positive and satisfy 21,H 22,H Z3,H Z1,F 22,F Z3,F = 1. The home- and foreign-country labor supplies LH and LF are supplied inelastically, and consumers have identical preferences over the three consumption goods, described by the utility function u(C1, C2, C3) B₁ln(c₁) + B2 ln(c2) + ß3 ln(c3), where ß₁ + ß2 + ẞ3 Write Cn,j for consumption of good n in country j, pn for the world price of good n, w; for the wage in country j, where n = {1, 2, 3} and j = {H, F}. = and Assume that the equilibrium pattern of specialization is such that both countries produce strictly positive amounts of good 2. a. Determine the wage ratio wĤ/WF and the relative prices pn/w; for n = {1,2,3} and jЄ {H, F}. b. Given these wages and prices, determine Cn.j for n = {1, 2, 3} and j = {H, F}. c. Combine the results from a and b with market clearing conditions to determine the amounts of labor ln,j used to produce good n in country j, for n € {1, 2, 3} and j = {H, F}. d. Considering only small changes that do not affect the pattern of specialization, describe what happens to utility in the home country and to utility in the foreign country in the following four distinct scenarios: (1) 21,F increases; (2) 22,F increases; (3) 23,F increases; and (4) vector (21,F, 22,F, Z3,F) is scaled up by factor > 1. Υ 1See Answer
  • Q14:Part II: Consider two (large) economies, HC and FC, trading a single good. By assumption, the HC is the exporting nation, while the FC imports. The following equations describe demand and supply conditions in each country. HC demand: HC supply: FC demand: P=6-3Q P-2Q P*-12-20 FC supply: P*=3Q* 1. Derive the HC's export supply equation and FC's import demand equa- tion. 2. Determine the free trade price and the quantity exported/imported. 3. Calculate free trade welfare in both countries. 4. Now assume that the HC's government introduces an 0.8 (80cent) ex- port subsidy per unit exported. Find the domestic subsidy price, P the foreign subsidy price p', and the quantity exported/imported with the export subsidy. 5. Determine the cost of the subsidy, the domestic DWL, the foreign DWL, the terms-of-trade transfer, the domestic change in welfare and the foreign change in welfare. 6. Explain (i.e., decompose) the change in welfare in each country as a result of the home country's export subsidy.See Answer
  • Q15:2. Describe the impact of each of the following goals from the Hong Kong WTO meeting on (i) domestic prices and welfare of the country taking the action and (ii) world prices and welfare for the partner countries. a. Elimination of agriculture export subsidies b. Reduction of agricultural tariffs c. Duty-free, quota-free access for 97% of goods originating in the world's least- developed countries Note: Answer question 1a (2a) for both the SOE and LOE case. Distinguish between home country and foreign country/rest-of-the WorldSee Answer
  • Q16:3. Suppose Home is a small exporter of wheat. At the world price of $100 per ton, Home growers the Home govern- Now suppose 20 tons. export ment decides to support its domestic producer with an export subsidy of $40 per ton. Use the following figure to answer these questions. a. What is the quantity exported under free trade and with the export subsidy? b. Calculate the effect of the export subsidy on consumer surplus, producer surplus, and government revenue. c. Calculate the overall net effect of the export subsidy on Home welfare. Home price 140 100 10 20 20 40 40 S D 50 QuantitySee Answer
  • Q17:4. Refer to Problem 3. Rather than a small exporter of wheat, suppose that Home is a large country. Continue to assume that the free-trade world price is $100 per ton and that the Home government provides the domestic producer with an export subsidy in the amount of $40 per ton. Because of the export subsidy, the local price increases to $120, while the for- eign market price declines to $80 per ton. Use the following figure to answer these questions. a. Relative to the small-country case, why does the new domestic price increase by less than the amount of the subsidy? 291630 b. Calculate the effect of the export subsidy aloys on consumer surplus, producer surplus, and government revenue. c. Calculate the overall net effect of the export subsidy on Home welfare. Is the large country better or worse off as compared to the small country with the export subsidy? Explain. Home price 2880 120 100 S 15 20 40 45 QuantitySee Answer
  • Q18:b. Calculate the effect of the production sub- sidy on consumer surplus, producer surplus, and government revenue. c. Calculate the overall net effect of the pro- duction subsidy on Home welfare. Is the cost of the production subsidy more or less than the cost of the export subsidy for the small country? Explain. Home price 140 100 10 20 20 40 40 50 Quantity/n(i Inspector Zoom Share H 5. Refer to Problem 3. Suppose Home is a small exporter of wheat. At the world price of $100 per ton, Home growers export 20 tons. But rather than an export subsidy, suppose the Home government provides its domestic producer with a production subsidy of $40 per ton. Use the following figure to answer these questions. a. What is the quantity exported with the pro- duction subsidy?See Answer
  • Q19:1. Consider a country with SH skilled workers and Uч unskilled workers. There are two final goods, indexed by 0 and 1, and the respective production functions are Fo(S,U)= min{S, U}, F₁(S,U)=S+U. Essentially, workers must work in a team of one skilled worker and one unskilled worker to produce good 0, and they can produce good 1 by themselves. Write pw for the price of good w€ {0,1} and write us and wu for skilled and unskilled wages. a. Suppose po/P1 > 2. Set up a diagram with the unit-revenue curves for this economy and show the possible factor prices (ws, wu) implied by this diagram, assuming that both goods are produced. b. In the context of a, determine output and factor prices when 0 < SH < Uн. Do the same for the case SH > UH > 0. c. Suppose po/p1 < 2. Set up a diagram with the unit-revenue curves for this economy and show what will happen given any factor endowments SH > 0 and UH > 0. What do you know about factor prices in this case? d. Show the production possibility set for this economy and confirm the conclusions about output you reached in a, b and c.See Answer
  • Q20:2. Consider a home country with KH > 0 units of capital and LH > 0 units of labor. There are two consumption goods, indexed by w € {0,1}. Good w can be produced using a technology defined by the production function F(K, L) = K + zwL, where K > 0 is capital and L > 0 is labor. Write po and p₁ for the prices of good 0 and good 1, respectively, and v and w for the factor prices of capital and labor. Everyone has the same homothetic preferences with indifference curves that never hit the axes. a. In a diagram with output of good 0 on the horizontal axis and output of good 1 on the vertical axis, describe the production possibility frontier of this economy. Carefully label everything and show how the diagram changes as parameters change from 1/20 > 11/20 to 21/2011/10 (show both diagrams.) b. What are the possible equilibrium relative prices po/pi in each of these two cases? Explain. c. Show the Lerner diagram for this economy. Describe the cone of diversification. What is the effect of increases in K₁ or Lн on the output of goods 0 and 1, taking the prices po and pi as given? Now suppose there is also a foreign country with consumers who have the same pref- erences as consumers in the home country. The endowments of capital and labor in the foreign country are KF Є (0, KH) and LF = LH, and the technology is the same as in the home country. For the remainder, consider only the case 1/20 >1/10 d. Show the production possibility frontiers of the two countries in one diagram. e. Pick some po/P₁ € (11/10, 1/20) and use the diagram developed in d to show what the equilibrium looks like if this po/p₁ is the equilibrium price ratio. Who exports what? What do you know about factor prices in the two countries? What happens to a/n inSee Answer

TutorBin Testimonials

I found TutorBin International Economics Trade homework help when I was struggling with complex concepts. Experts provided step-wise explanations and examples to help me understand concepts clearly.

Rick Jordon

5

TutorBin experts resolve your doubts without making you wait for long. Their experts are responsive & available 24/7 whenever you need International Economics Trade subject guidance.

Andrea Jacobs

5

I trust TutorBin for assisting me in completing International Economics Trade assignments with quality and 100% accuracy. Experts are polite, listen to my problems, and have extensive experience in their domain.

Lilian King

5

I got my International Economics Trade homework done on time. My assignment is proofread and edited by professionals. Got zero plagiarism as experts developed my assignment from scratch. Feel relieved and super excited.

Joey Dip

5

TutorBin helping students around the globe

TutorBin believes that distance should never be a barrier to learning. Over 500000+ orders and 100000+ happy customers explain TutorBin has become the name that keeps learning fun in the UK, USA, Canada, Australia, Singapore, and UAE.