What is the Grubel Lloyd index, the index that is used to measure the level of intra industry trade? Country A exports $6billion of perfumes, and the imports of perfumes in Country B is equal to the value of $2billion. a) 0.75 b) 0.10 c) 0.5 d) 0.66

Q: For large countries an import tariff will deteriorate the terms of trade with other countries.…

A: A tariff refers to a tax that one nation levies on products and services imported from…

Q: tes. Unlike Motherland, the United States is a large industrial country Motherland imports…

A: The gravity model suggests that relative economic size tends to attract the countries in order to…

Q: popular measure of a country’s “openness” to international trade is an index computed as the sum of…

A: The aim is to analysis explain on the United States using quarterly trade data since 1947. The…

Q: Suppose the government of the U.S. wants to protect the domestic sugar industry by restricting sugar…

A: Supply is given as Q = P Demand is given as Q = 8 – P World price of sugar is $2/ lb.   When there…

Q: 1 2 3 34567 4 5 6 8 9 Nominal per capita Luxembourg Norway Qatar Switzerland Denmark Australia…

A: Because of changes in living costs, inflation rates, and currency rates, purchasing power differs…

Q: Given the following information on the exports of country A in 2009, and assuming that goods X and Y…

A: The export information of country A in 2009 is mentioned below-exports(X)imports(M)good X$600$0good…

Q: In situations where trade is based on product differentiation: The basis for exporting is the…

A: Product differentiation refers to the situation when two or more countries are producing similar…

Q: Which of the following is NOT true about intra-industry trading?   Group of answer choices   In…

A: Comparative Advantage: The comparative advantage arises when a company or a nation is able to…

Q: Explain how the cost of a country’s tariffs is calculated as a percentage of gross domestic product…

A: Tariff refers to the tax that is imposed by the government of a nation on the imported goods and…

Q: T F Quotas may be set on worldwide imports or onimports from a specific country

A: Quotas on import are limits implemented by the government of a country inorder to manage the…

Q: What is the main advantage of a foreign trade zone?

A: Since you have asked multiple question, we will solve the first question for you. If you want any…

Q: If the free trade price is IP and this country imposes a trade tariff of $6, the loss to the economy…

A: The imposition of a tariff on imports will increase the price faced in domestic countries.It can be…

Q: Industry O 50% 0 0% Automotive Fruits Exports $500'000 $150'000 Financial Services $100'000 What is…

A: The Intra-Industry Trade (IIT) Index is a measure of the extent to which a country trades similar…

Q: Discuss the applicability of the Stolper-Samuelson theorem for predicting terms of trade in two…

A: The applicability of the Stolper-Samuelson theorem for predicting terms of trade in two countries…

Q: What describes the type of FDI undertaken by a French tyre manufacturer that acquires a South Korean…

A: The type of overseas direct investment (FDI) undertaken by a French tyre manufacturer that acquires…

Q: Suppose that the United States increases its tariff on steel imports. Steel prices to U.S. consumers…

A: A tariff is a tax or duty imposed by a government on imported or exported goods. Tariffs are…

Q: Describe how the Philippines may use the Heckscher-Ohlin Trade Theory to develop its international…

A: The economies around the globe tend to interact with each other. The nations interact with each…

Q: The cost of producing cars in Canada is $30,000, while the cost of producing cars in Mexico is…

A: Trade creation entails new trade that would not exist without the FTA and is always advantageous for…

Q: A country decides to impose higher tariffs on imported goods to encourage domestic production. This…

A: A tariff is a duty charged on imports of goods. A country imports a large proportion of goods from…

Q: COVID -19 has adversely affected the volume and growth of international trade. Elaborate.

A: International trade is the process of buying and selling products outside the country’s border.

Q: emand for intry is given by f a camera. Supply by domestic camera producers is S = 4000 + 10P.…

A: The equilibrium is set up where the demand and supply forces are equal. A country will export if…

Q: what is the grubel lloyd index that is used to measure the level of intra indysty trade? country A…

A: Intra industry trade refers to trade between countries for the same type of good due to differences…

Q: (a) Define, compare, and contrast the following trade policies: (i) tariffs, (ii) export subsidies,…

A: Trade policies refers to the regulations and agreements made by government in order to control…

Q: Which of the following describe technical barrier to trade? Select all that apply. Government…

A: Trade barriers refer to government policies, regulations, or practices that restrict or impede the…

Q: Which of the following is not included in the objectives of tariffs? To promote indigenous research…

A: A duty or tax that is being paid for a certain type of exports and imports is known as tariffs.

Q: Identify and discuss four (4) reasons for international trade

A: International Trade refers to the exchange of goods and services from one country to another.

Q: What is the tariff rate by Australia (2021) on the following item: Carrot: HS Code 070610 WTO Tariff…

A: A tariff rate, frequently essentially alluded to as a tariff, is a tax or duty forced by a…

Factor Models

Many attributes might be related to an asset's risk, including market capitalization (size), dividend yield, growth, price-earnings ratio, etc. The use of these traditional descriptors, however, presents a few problems: