Suppose that one of the countries above asks for your advice about trade. Policymakers in the...
Suppose that one of the countries above asks for your advice about trade. Policymakers in the country want information about the impact of trade on GDP and whether they should be concerned about negative (or positive) net exports. How would you respond?
Homework Answers
Answer - The net export is the essential part of the country's GDP. The level of export and import decide the level of GDP along with the other paramters.
Exports are the part of GDP and are added to GDP. Imports are deducted from GDP. Thus the difference is called the net exports.
If this difference is positive , then exports are greater than imports and hence has a positive impact and increases GDP. If net exports give negative figure , this shows more imports and hence the GDP reduces.
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Suppose that one of the countries above asks for your advice
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please anwers these two question (a) what are the net exports of each country A, B...
please anwers these two question
(a) what are the net exports of each country A, B and C?
(b) Show werger( and why) each country (A,B,C) is
running trade surplus or trade deficit?
This is my third time posting the same question?
help in those question please. also you should show how to get the
results
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need help on #3
Section I 1. (3 pt) Name three ways that countries restrict trade. 2. (3 pt) Name three possible reasons countries would want to restrict trade, 3. (4 pt) Suppose in a small importing country that participates in trade, domestic demand is very elastic, and supply is very inelastic. What does this imply for the effects of a tariff? In particular, how much of an impact will the tariff have on the quantity demanded in the market,...
please anwers these two question
(a) what are the net exports of each country A, B and C?
(b) Show werger( and why) each country (A,B,C) is
running trade surplus or trade deficit?
This is my third time posting the same question?
help in those question please. also you should show how to get the
results
(NOTE: you should show how to get the results) Suppose there are three countries in the world. Country A exports $11 million worth of...
Question 24 This question has two parts: A and B A. Many countries design and implement a trade policy when dealing with import of goods and services from foreign markets. Explain why some countries would want to restrict imports and suggest how these countries implement restrictions of imports (6 marks) B. Country X is a small island open economy. National income details are calculated as follows: Consumption expenditure (0)5300. Government expenditure (G) $250. Investment spending 00 $350. exports $15000 and...
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