Ind.1 100 600 300 Ind.2 400 200 700 Ind 3 50 350 50 Ind 4 250 150 25 Suppose we are given the following Intermediate Inputs matrix with industries 1-2 located in country A and 3-4 located in B Country A's total intermediate production exports to B are Select one a 1300 b 1000 c.1200 d. 800 e.75
Ind.1 100 600 300 Ind.2 400 200 700 Ind 3 50 350 50 Ind 4 250 150 25 Suppose we are given the following Intermediate Inputs matrix with industries 1-2 located in country A and 3-4 located in B Country A's total intermediate production exports to B are Select one a 1300 b 1000 c.1200 d. 800 e.75
Essentials of Economics (MindTap Course List)
8th Edition
ISBN:9781337091992
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter3: Interdependence And The Gains From Trade
Section: Chapter Questions
Problem 8PA
Related questions
Question
![Ind.1
100
600
300
Ind 2
400
200
700
Ind.3
50
350
50
Ind 4
250
150
25
Suppose we are given the following Intermediate Inputs matrix with industries 1-2 located in country A and 3-4 located in B
Country A's total intermediate production exports to B are
Select one
a1300
b.1000
c.1200
d 800
e.75
Which of the following best reflects the trend in GVCS ?
Select one
a The increased trade in intermediates within GVCS has helped growth in trade to outpace growth in gross dornestic product (GDP)
bVs and GDP arguments
CNone is correct
d Countries now participate in a process of vertical specialisation (VS) a vertical division of labour in which countries specialise in specific stages and tasks of the
value chain
e The rising transportation costs are a threat to GVC.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F1c3ca76a-2c9b-4347-966d-41b8cbd1c50e%2F2b2ae94d-ea60-4605-b15d-7b9c8a657e94%2Fh8rkic_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Ind.1
100
600
300
Ind 2
400
200
700
Ind.3
50
350
50
Ind 4
250
150
25
Suppose we are given the following Intermediate Inputs matrix with industries 1-2 located in country A and 3-4 located in B
Country A's total intermediate production exports to B are
Select one
a1300
b.1000
c.1200
d 800
e.75
Which of the following best reflects the trend in GVCS ?
Select one
a The increased trade in intermediates within GVCS has helped growth in trade to outpace growth in gross dornestic product (GDP)
bVs and GDP arguments
CNone is correct
d Countries now participate in a process of vertical specialisation (VS) a vertical division of labour in which countries specialise in specific stages and tasks of the
value chain
e The rising transportation costs are a threat to GVC.
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