WHAT HAPPENES TO A COUNTRY WITHOUT SCIENTIST AND RESEARCHERS?  WHAT IS THE DISADVANTAGE OF NOT HAVING ENOUGH INDUSTRY IN A COUNTRY?  WHAT WILL HAPPEN IF A COUNTRY DOESNT HAVE ENOUGH PRODUCTION BUT MORE EXPORTING THINGS IN OTHER COUNTRIES

Q: Suppose you examine the bilateral trade flows between Northern Ireland and the Republic of Ireland ,…

A: C Between Northern ireland and the Republic of Ireland  Bilateral trade in between the Northern…

Q: oes their

A: Mercantilism was a system being based on the belief that the wealth was in turn static in the world…

Q: Trade in services such as information technology O makes it highly likely that all information…

A: Trade is defined as the exchange of commodities and services across the boundary of the country.…

Q: How is a country's economic well-being enhanced through free international trade in goods and…

A: International trade refers to the exchange of products and services Bete two nations in the global…

Q: 1.a) Which of the following hampers the growth of global economy? a) spread of capitalism around…

A: 1. (a.)  Protectionism : The protectionism can be defined as the economic policy which restricts the…

Q: D) If the two countries decide to trade 100 liters of Whisky at a rate of 2 liters of wine per liter…

A: Since you have asked to solve part D so I am solving that part only.

Q: As a businessman, explain how globaliz ation affects the importation and expor tation of products.

A: Microeconomics is a subpart of economics that is used to understand how production, consumption and…

Q: Who gains from imports? O Consumers. O Producers O Overall the nation benefits from it. O A and C.

A: Meaning of Trade: The term trade refers to the situation under which the products and goods are…

Q: olute advantage vs. absolute disadvantageover another nation with examples

A: Absolute advantage is the capability for production of more of a given product using less of a given…

Q: Why ASEAN China Free Trade Area (ACFTA) and regionalization is a boon to Philippine exporters, at…

A: To become one of the leading economies of the world is the primary goal of ASEAN. It is considered…

Q: The table below shows the productivity levels of producing beer and sardines in Canada and Mexico.…

A: Mexican productivity for Sardines should be 2. This is because , if this Productivity is present ,…

Q: If Canada has stricter laws for environmental protection than Mexico, and if these laws restrict…

A: Here, it is given that Canada has relatively strict enviornmental protection laws as compared to…

Q: 1. Do you think that GATT was essential to promoting world trade? Why or why not? 2. Define WTO. In…

A: Since, you have asked more than one question, we will be answering the first question for you. If…

Q: Do you consider the Philippines as a "Third World Country"? If yes, why? If no, why not?

A: Compared to the rest of the world, third world countries are characterized by height the level of…

Q: Suppose that in the next few years Saudi Arabia oil production increases significantly. a. How will…

A: Terms of trade are basically defined as the ratio of the index of export prices to the index of…

Q: What are Special Economic Zones. What value do they offer companies in entering an international…

A: A special economic zone is a region in a nation that is put through different economic regulation…

Q: Explain the regionalism vs globalization

A: Regionalism: It is not a new idea; the first regional efforts were launched in the 1950s and 1960s.…

Q: why is it imporntant for a country to have more industry?

A: Industry refers to firms and organizations that provide goods and services to the people. An economy…

Q: ow does globalization affect culture and languages

A: Globalization" is a social interaction "described by the presence of global economic, political,…

Q: WHAT WILL HAPPEN IF A COUNTRY DOESNT HAVE ENOUGH PRODUCTION BUT MORE EXPORTING THINGS IN OTHER…

A: In a country, the production process is one of the driving factors because economic growth depends…

Q: Should foreign corporations be allowed to invest in U.S. industries without any restriction? What…

A: The markets are the place where the buyers and the sellers, or the firms tend to meet and interact…

Q: When two or more nations engage in free trade, how is the standard of livin mproved in the…

A: Free-trade is a situation where the participants of trade do not impose any restriction upon the…

Q: What are some potential costs of adopting a free trade regime? Doyou think governments should do…

A: Those who were against the neoclassical thought of economics were also against free trade. They…

Q: n what ways do the international protection of intellectual property rights (think patents,…

A: While it was once all about getting materials from afar, the concept of trade has broadened to…

Q: In the absence of a well-developed local capital market borrowers might go to which World Bank…

A: Well-developed capital markets are crucial to the economic growth of a country as they allow smooth…

Q: 4) How does an increase in the number of product varieties benefit an importing country?

A: (4) (i) The exports and imports define the financial transactions of trade and are being limited by…

Q: 4. What would some of the impacts on the U.S. economy if the world stopped trading goods and…

A: Nations trade globally when they lack the resources or competence to meet internal demands and…

Q: Why does the government create trade barriers if they can potentially hurt a worker in an economy…

A: Since you have asked multiple questions, we will answer the first two questions for you, since the…

Q: e National Security in the Philippines?

A: Answer This is a highly elaborate discussion on Philippine National Security with history showing…

Q: Explain what world trade means. What is the role ofthe Wto and economic communities in…

A: Since you have posted a question with multiple sub-parts, we will solve the first three sub-parts…

Q: Why do some marginalised groups in the USA and Canada reject the idea of globalisation? In answering…

A: The relationship between policies that promote globalisation, economic growth, inequality, and…

Q: Portugal England 90 90 80 80 70 70 60 60 CPF 50 50 40 40 30 30 CPF PPF 20 PPF 20 10 10 0 10 20 30 40…

A: England has cloth in abundance.Country which has something in abundance exports that more.

Q: To determineThe ability of a country to produce a commodity with fewer resources.

A: Efficiency refers to the ability to reduce the wastage of resources, time, energy, and money.…

Q: What is protectionism? Is it good for the world economy? Whats an example??

A: Competition: In economics, the term competition exhibits a situation where multi-players are…

Q: Look at a country’s Terms of Trade (T.O.T.). It is assumed that when the T.O.T. value increases the…

A: The term of trade (T.O.T.) refers to a rate at which a country’s goods are exchanged for another…

Q: If a nation exported much of its output but imported little, would it be better off or worse off?…

A: Export and Import: The export and import are the two-component international trade. Export includes…

Q: 2. What has lead to increase globalization?

A: The Globalisation refers to the integration of world economies through trade and commerce or flow of…

Q: How does a rich country's refusal to trade with countries that employ cheap labor in terrible…

A:

Q: Which of the following is not a major component of the economy in Central America and the Caribbean?…

A: There are many components of the both economies but main components are the following below...

Q: a. how much potential output was lost as a result of the Trump tariffs? b. If a new house costs…

A: a.) If GDP grew by $800 billion in 2019 potential output was lost as a result of the Trump  tariffs…

Q: Select one country and review its progress in economic globalization. 1. What has economic…

A: Since you have posted a question with multiple subparts, we will solve the first three subparts for…

Q: What trade has changed? Does the U.S. still maintain the world's dominant power? Why has the world…

A: International trade refers to the exchange of goods and services outside the domestic boundaries of…