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how to solve this question
not too long not too short.
In point form, discuss the push and pull
factors the coming of:
1)
Chinese to Malaya
2)
Indian to Malaya
Step by step
Solved in 2 steps
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- Consider a two country, two goods, single factor model with Öxed labor requirements. If a country A has an absolute advantage in both goods over country B, there cannot be a international trade between them. 1. true 2. false“[The Neo-colonial Dependence Model] attributes the existence and continuance ofunderdevelopment primarily to historical evolution of a highly unequal international capitalistsystem of rich country-poor country relationships.” (Todaro and Smith, 2020: 130). Critically discuss the outlook on underdevelopment by the international-dependence models. In your answer: Briefly describe the false-paradigm model with reference to advice, access to credit andneglect of reforms;• Briefly describe the dualistic-development thesis with reference to the temporality ofwealthy/ poor coexistence and the ‘trickle-down’ effect;• Discuss the weaknesses of these dependence theories;International trade 1. Consider a Ricardian model with two countries, the US and Ecuador, producing two goods, bananas and machines. Suppose the unit-labor requirements are: aLBUS= 8, aLBE = 4, aLMUS = 2, aLME = 4. Let the US have 3200 workers and Ecuador have 400 workers. a. Specify a plausible free trade terms of trade.