ne equations defining a model of two trading nations are given by Y, = C, + I + X, - M Y; = C, + I + X, - M; C = 0.9Y, + 100 = 0.1Y, %3D %3D C, = 0.8Y, + 200 %3D %3D M, = 0.2Y, %3D %3D =press this system in matrix form and hence write Y, in terms of I and/. Write down the multiplier for Y, due to changes in I and hence describe the effect om e national income of country 1 due to changes in the investment in country 2.
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- 3. The equations defining a model of two trading nations are given by Y, = C, + 1 + X, - M2 C, = 0.8Y, + 100 I = 300 Y, = C, + I* + X, – M, C, = 0.7Y, + 50 I* = 200 M, = 0.3Y, M, = 0.1Y, Express this system in matrix form and hence find the values of Y, and Y,. Calculate the balance of payments between these countries.Analyzing the following (2x2) matrices. Identify the countries having certain advantages. Specify the benefits of trade for both countries. This matrix involves 2 countries exchanging 2 commodities Wheat (Labor hours/Unit of Output ) Steel (Labor hours/Unit of Output) Germany 30 40 France 20 80 (Numerical values reflect labor hours per unit of output) Will trade occur? Identify the country having the advantage in wheat production and the one having the advantage in steel production. Identify the production possibility frontiers for both countries. along with the gains from trade.Assume that two countries, A and B, can produce Beef and Barbecues and the production possibilities frontiers of two countries are represented by: Country A: Beef = 30 - 1.25 BBQ and Country B: BBQ = 15 - 0.5 Beef Barbecues are measured in units, beef in kilograms. a) On a single chart, graph the production possibility frontiers for Country A and for Country B. Make sure you use a good scale and mark all your axes and important curves or points. b) Interpret the slope and the shape of the PPF for each country and make the relevant comparisons. c) Assume that each country allocates half of its resources to the production of beef and half of its resources to the production of barbecues. Under autarky (No trade), how much would each country consume of the two products? Plot these points on the graph as Ca and Cb respectively d) Should either of these countries specialize in the production of beef and/or barbecues? If yes, explain which country and which products and why. If they…
- The following diagram is for Country A based on the Ricardo model. Wheat (millions) 30 Terms of Trade E 15 PPF Corn 25 30 50 (millions) Refer to the figure above. Imports of this country equal_ O 25 million corns O 50 million corns O 15 million wheat O 30 million wheat1-Analyze the following (2x2) matrices. Identify the countries having certain advantages. Moreover, specify the benefits of trade for both countries. A (2x2) matrix involves (2 countries exchanging 2 commodities or products) Matrix A Wheat (bushels/labor Cloth (yards/labor hour) hour) United States U.K. 3. (Numerical values reflect output per unit of input) a. Will trade occur??? Identify the country having the absolute advantage in wheat and the one having the absolute advantage in cloth. b. Identify the production possibility frontiers for both countries. c. Show me the gains of trade if we assume that the U.S. exchanges 6 units of wheat for 6 units of cloth.10:28 PM O Additional Activities Q1_Week 5- Effects of Globalization and Interconnectedness of People and Nations.pdf A. Explain the benefits of collaboration and cooperation in the activity; "wall climbing"; no tools nor harness were used; just the body to run over the wall. Relate it to the definition of a network. B. The learner locates on a map the workplaces of the OFWS in their cornmunity and writes a reflection naner n the effects of labor migration to tbeir community in relation to Glohalization
- Analyze the following (2x2) matrix. Identify the countries having certain advantages. Specify the benefits of trade for both countries. The matrix involves 2 countries exchanging 2 commodities. Textiles (Labor-hours/unit of Output) Wine (Labor-hours/Unit of output) Portugal 90 80 England 100 120 (Numbers in the above matrix reflect labor hours per unit of output) What are the analysis of the above matrix?Suppose GDP increased by 5%, GHG/energy decreased by 2% and energy/GDP decreased by 2%. By what percentage did GHG emissions change? Enter a number, no symbols or unitsAccording to Filippov and Settles (2013), 4 different innovation-related internationalisation approaches can be distinguished when analysing the activities of Russian multinationals. Outline these 4 different approaches and expalin which approaches are most appropriate for what kind of conpanies. Illustrate gour answer with examples of Russian multinationals.
- Analyze the following (2x2) matrix. Identify the countries having certain advantages. Moreover, specify the benefits of trade for both countries. Matrix A Wheat (bushels/labor hour ) Cloth (yards/labor hour) United States 6 4 U.K. 1 3 (Numerical values reflect output per unit of input) Will trade occur? Identify the country having the absolute advantage in wheat and the one having the absolute advantage in cloth. Identify the production possibility frontiers for both countries. Show the gains of trade if we assume that the U.S. exchanges 6 units of wheat for 6 units of cloth.1. What will a diagram look like if we assume increasing returns of scale for two countries trading with each other? 2. Visualize a diagram which portrays a high inelastic export situation of a large country and declining terms of trade?Did the COVID-19 pandemic create new globalization opportunities for growth in yourCaribbean territory? YES/NOBased on your answer, write an answer that identifies those accepts that contribute to thegrowth, expansion and advancement of your local economy. On the contrary, if you do notbelieve that new opportunities were created, write an answer that identifies those acceptsthat negatively contributed to the negative growth, contraction and deceleration of our localeconomy