a) Examine any five roles played by one infrastructure in transforming rural parts of Kenya. b) with examples, justify three roles played by the technological innovation in agro-based socio-economic development of rural parts of to Kenya.
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- Pls help with below homework, give brief answer in 10-15 sentences What has been the most powerful incentive for Baidu’s international expansion, and what benefits is the firm enjoying from its global growth?1. Notice how U.S. imports rose at roughly the same rate asthose of other countries until the 1970s. What accounts forthe acceleration of U.S. imports thereafter? 2. China’s exports rose spectacularly after the 1990s. Germanyincreased its exports in this period dramatically as well. Whatevidence do you see here for increasing competition for theUnited States in a globalizing economy?56 56 48 48 PPF 40 40 32 32 24 PPF 24 16 16 -- -- -- - 8 16 24 32 40 48 56 64 16 24 32 40 48 56 84 GRAIN (Millions of pounds) GRAIN (Millions of pounds) Maldonia has a comparative advantage in the production of while Lamponia has a comparative advantage in the production of Suppose that Maldonia and Lamponia specialize in the production of the goods in which each has a comparative advantage. After specialization, the two countries can produce a total of million pounds of sugar and million pounds of grain. Suppose that Maldonia ánd Lamponia agree to trade. Each country focuses its resources on producing only the good in which it has a comparative advantage. The countries decide to exchange 24 million pounds of grain for 24 million pounds of sugar. This ratio of goods is known as the price of trade between Maldonia and Lamponia. W SUGAR (MIlons of pounds) SUGAR (MIlions of pounds)
- can you help me rewording this paragraph? Since Ghana and Côte d'Ivoire have similar environment, level of education and institutional background, the imports, and exports from Ghana to Côte d'Ivoire and from Côte d'Ivoire to Ghana is result of intra industry trade. Intra industry trade is the trading of goods within the same industries from one nation to another. So, the trade between these two countries in this case cannot be explained by comparative advantage. It can be explained with economies of scale. Ghana's agricultural exports to Switzerland and Switzerland differ from Ghana in many aspects. Thus, indeed, trade between the two countries can be explained by a comparative advantage. Ghana can grow food at a lower opportunity cost than Switzerland and thus has a competitive advantage over food. In Switzerland, food processing was also rendered at higher opportunity costs. Therefore, by trading with each other, both countries can gain from trade and Ghana can export food to…Question 12 (2.17 points) Home Qm Consider the diagram above. From what you know, Home is exporting manufacturing/agricultural goods and importing manufacturing/agricultural goods under open trade. Student hint: remember we went over this in hw 3 trade in spring 2021? O a) a. agricultural ; agricultural O b) b. manufacturing; manufacturing c) c. manufacturing; agricultural d) d. agricultural ; manufacturingWhich of the following countries would you expect to have intertemporal produc- tion possibilities biased toward current consumption goods, and which would be biased toward future consumption goods? a. A country like Egypt that has discovered large reserves of natural gas that can be exploited with massive investments. CHAPTER 6 · The Standard Trade Model 175 b. A country like India that is catching up technologically due to massive out- sourcing services, especially from wealthy countries. c. A country like Germany or the United States where a ban on immigration means a limited inflow of immigrants. d. A country like Indonesia that started developing its infrastructure to make industries more productive and cost-efficient. e. A country like the Netherlands that aims to reduce with low investment in the use of biofuels. energy and gas consumption
- Answer the following questions using the BEA Tables for US International Trade in Goods and ServicesLinks to an external site.. https://www.bea.gov/data/intl-trade-investment/international-trade-goods-and-services Scroll down to the "U.S. Trade in Goods and Services, 1960-present" and download those spreadsheets. Using annual data from Table 1: Calculate the growth rate in U.S. exports over the last five years.(2017-2021) Report your answer rounded to the nearest tenth. % Calculate the growth rate in U.S. imports over the last five years. Report your answer rounded to the nearest tenth. %7. Terms of trade Suppose that Spain and Sweden both produce beer and stained glass. Spain's opportunity cost of producing a pane of stained glass is 4 barrels of beer, while Sweden's opportunity cost of producing a pane of stained glass is 10 barrels of beer. By comparing the opportunity cost of producing stained glass in the two countries, you can tell that has a comparative advantage in the production of stained glass, and has a comparative advantage in the production of bef Sweden Suppose that Spain and Sweden consider trading stained glass and beer with each other. Spain can Spain specialization and trade as long as it of beer for each pane of stained glass it exports to Sweden. Slmmany, weden can gain from trade as long as it of stained glass for each barrel of beer it exports to Spain. receives more than receives more than Based on your answers to the previous question, which of the following terms of trade (that is, price of stained glass in terms of beer) would allow both…Beef 30 22 18 12 0 Beef 14 11 8 3 0 United States Mexico Vegetables 0 8 12 21 24 Vegetables 0 1 4 11 20 4. Using the numbers from the tables above, suppose the United States settles on producing 18 tons of beef and 12 tons of vegetables before any kind of trade and specialization. Mexico settles on 8 tons of beef and 4 tons of vegetables before and kind of trade and specialization. However, after trade negotiations, the United States decides to only produce beef and Mexico decides to only produce vegetables, which means the United States will produce 30 tons of beef and Mexico will produce 20 tons of vegetables. What will the outputs available be after trade if the United States exports 10 of the 30 tons of beef to Mexico and Mexico exports 15 of the 20 tons of vegetables to the United States? Do both countries gain from specialization and trade?
- In its recent report, The Conference Boards Global Economic Outlook 2015, updated November 2014 (http://www.conference-board.org/data/ globaloutlook.cfm), projects Chinas growth between 2015 and 2019 to be about 5.5%. International Business Times (http//www.ibtimes.com/us-exports-china-have rown-294-over-past-decade- 1338693) reports that China is the United States third largest export market, with exports to China growing 294 over the last ten years. Explain what impact China has on the U.S. economy.Occasionally, a government official will argue that a country should strive for both a trade surplus and a healthy inflow of capital from abroad. Explain why such a statement is economically impossible.State whether each of the following events Involves a financial flow to the U.S. economy or away from the U.S. economy: Export sales to Germany Returns paid on past U.S. financial investments In Brazil Foreign aid from the U.S. government to Egypt Imported oil from the Russian Federation Japanese investors buying U.S. real estate