Provide examples of commodities listed in the Philippines that might be described by the following models: A. Cournot, B. Stackelberg, and justify your answers
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Provide examples of commodities listed in the Philippines that might be described by the following models:
A. Cournot,
B. Stackelberg,
and justify your answers and show graph
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- GlobalCell is an American firm producing cell phones. GlobalCell imports cell phone components from Japan and assembles them domestically. Suppose that in the United States, a cell phone sells for $100 and that 60% of the cell phone's value comes from the value of the imported components. The United States imposes a 30% tariff on cell phones and a 10% tariff on the cell phone's components. Assume that costs of producing components are the same in the United States and Japan and that transit costs are nonexistent. Based on the information provided, the effective rate of protection that GlobalCell receives from the tariff is A. 60% B. -20% C. -13.3% D. 26.7%Q) What is the predicted pattern of trade under monopolistic competition? Explain why export prices fall in this trade model. Solve it correctly. Not copy paste answer givesWhy did the banana market industry collapse in St. Vincent and the Grenadines?
- Only typed answerIn international trade, political risks arise when the provider is unable to meet the contractual obligations or when there are disputes over the conditions and terms stated in the contract. True False If your answer is false, give the good answer: course: export of servicesCENGAGE MINDTAP MindTap Assignment 4 (Chapters 9,13) Q s The following graph shows the same domestic supply and demand curves for pears in Zambia. Now, suppose that the Zambian government changes its stance on international trade, deciding to allow free trade in pears. The horizontal black line (Pw) represents the world price of pears at $350 per ton. Assume that Zambia's entry into the world market for pears has no effect on the world price and there are no transportation or transaction costs associated with international trade in pears. Also assume that domestic suppliers will satisfy domestic demand as much as possible before any exporting or importing takes place. Use the green triangle (triangle symbol) to shade in the area representing consumer surplus, and then use the purple triangle (diamond symbol) to shade in the area representing producer surplus. PRICE (Dollars per ton) 380 Domestic Demand Domestic Supply 365 350 335 320 305 290 275 260 245 230 O 25 50 50 75 100 125 150…
- B. If Oman imposing an import tariff on the used car imports from UAE (Foreign), explain the cost and benefits tariff as an importing country to Oman and an exporting county to UAE(Use appropriate diagram to explain your answer). Your answer can limit based on following theoretical assumptions: Suppose that there are two countries Home (Oman) and Foreign. Both countries consume and produce used cars which can be costless transported between these countries. In each country, it is a competitive industry. Suppose that in the absence of trade the price of used cars at Home exceeds the corresponding price at Foreign. C. If Oman allowing an export subsidy to Diagrammatically explain its effects on the Oman market (Exporting country) and as an importing country to UAE market. Your answer can limit based on following theoretical assumptions: our vegetable exporters to UAE, Suppose that there are two countries Home (Oman) and Foreign (UAE). Both countries consume and produce vegetables, which…From the list below, choose two examples of products that are traded on international markets for which there are dynamic increasing returns. (Mark all that apply.) A. Aircraft design B. Biotechnology C. Clothing and apparel D. Mining and minerals E. Agriculture In each of the above examples, "learning-by-doing" is important to the dynamic increasing returns in the industry. Using the 3-point curved line drawing tool, draw a learning curve that shows the benefits of "learning-by-doing." Label it 'L'. Carefully follow the instructions above and only draw the required object. C 0 Unit Cost Cumulative OutputIf firms are in a competitive market, firms use marginal cost=price as a price-setting rule. Why multinational firms do not follow the price-setting rule like the firms in the competitive market (or why exporting firms do not follow the price-setting rule)? Your answer should be based on the characteristic market and the internal economies of scale. What is the price-setting rule for multinational firms?
- Romilo produces 250 different varieties of potatoes sourced from nearby villages, suggesting he likely lives in: Maine China Ireland Peru, or maybe Chile All of the following are reasons that foreign countries and corporations engage in long-term leases of land or outright land purchases in other countries EXCEPT: These countries and corporations may be concerned about the long-term food security of their home population These countries and corporations have a stated goal of promoting neo-colonialism These countries and corporations may be pursuing a strategy to ensure energy security These countries and corporations may be interested in low prices for labor and land CITES seeks to preserve the existence of endangered species. This existence value is a __________. CITES is effective, but very narrowly focused on __________. public good, fish private good, rhinos…Suppose firms incur transportation costs to sell their product abroad. How do transportation costs affect the prices that firms charge abroad? Suppose the price offered at home and in the export market is identical, but there are transport costs to ship the good abroad. Does dumping occur? How does an increase in the number of product varieties benefit an importing country? Explain how increasing returns to scale in production can be a basis for trade. Why is trade within a country greater than trade between countries? Why would you expect sellers of branded goods with high upfront research and development costs to be more interested in free trade than producers who do not incur any fixed costs? Focus attention on the Ricardian model, the Heckscher-Ohlin model, and the monopolistic competition model if trade. Consider the intra-industry trade index for each model. What value for the index does each models predict? Explain your answer.Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.
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