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- WHAT WILL HAPPEN IF A COUNTRY DOESNT HAVE ENOUGH PRODUCTION BUT MORE EXPORTING THINGS IN OTHER COUNTRIESWhy might Belgium, France, Italy, and Sweden have a higher export to GDP ratio than the United States?Occasionally, a government official will argue that a country should strive for both a trade surplus and a healthy inflow of capital from abroad. Is this possible?
- Economists sometimes say that protectionism is the second-best choice for dealing with any particular problem. What they mean is that there is often a policy choice that is more direct or effective for dealing with the problem—a choice that would still allow the benefits of trade to occur. Explain why protectionism is a second-best choice for helping workers as a group helping industries stay strong protecting the environment advancing national defensece the total doilar value of that share. a. Computers b. Mapie sysup nol c. Soybeans hsbun bne "tlqed Hவந் ar d. Cocoa beans iba at ole. Beer 12. Over the past five years the United States has become the world's largest producer of natural gas. But gas producers have struggled to find methods to liquefy natural gas so that it can be exported across the Atlantic. Enter Cheniere Energy, a Houston-based natural gas company that has developed a natural gas export terminal located on the Sabine Pass leading into the Gulf of Mexico. The terminal will give U.S. companies access to markets all over the world. a. Explain how the development of a natural gas export terminal will affect the market for natural gas in the United States. b. Assuming natural gas prices are $3.00 per BTU, illustrate the effect of an export terminal on the demand for natural gas in the United States. Explain your findings. sniWhat does it mean by the North American Free Trade Area?
- 1._______ The total value of a nation’s exports minus thetotal value of its imports over some period of time.2._______ The ability to produce a specific product moreefficiently than any other nation.3._______ Selling and shipping raw materials or products toother nations.4._______ The ability to produce a specific product moreefficiently than any other product.5._______ All business activities that involve exchangesacross national boundaries.6._______ The total flow of money into a country minus thetotal flow of money out of that country over thesame period of time.7._______ A tax levied on a particular foreign product entering a country.8._______ A complete halt to trading with a particular nationor in a particular product.9._______ An international barter transaction.10. _______ An internationally supported bank that providesloans to developing countries to help them grow.a. countertradeb. foreign exchange controlc. multilateral development bank (MDB)d. absolute advantagee. import…Table 2. Terms of Trade Export Price Index Import Price Index Country 1990 2010 1990 2010 Мexico 100 220 100 200 Sweden 100 160 100 150 Spain 100 165 100 155 France 100 170 100 230 Turkey 100 120 100 125 3) According to Table 2, which countries have experienced a terms of trade improvement between 1990 and 2010? a. Mexico and Turkey 1 b. Turkey and Sweden Sweden and Spain C. d. Mexico and France 3The United States has an absolute advantage in the production of many things. Why is it sometimes more efficient to import items in which the United States has an absolute advantage? Do i fast plz
