Question
1,) This list below shows the top 5 exports and imports between the Czech Republic and the USA. Of the 4 major micro trade models,
1,) This list below shows the top 5 exports and imports between the Czech Republic and the USA. Of the 4 major micro trade models, which model would you think best fits this trade pattern? Why? Top 5 Czech Exports to USA (ranked in $ value): Nuclear Reactors, Boilers, etc: Electronic equipment and Machinery: Vehicles: Optical, Photography, etc equipment: Rubber and associated products
Top 5 Czech Imports from USA (ranked in $ value): Nuclear Reactors, Boilers, etc: Electronic equipment and Machinery: Aircraft: Optical, Photography, etc equipment: Plastics and associated products
1A.) Given your answer in #1, what would be the types of gains from trade between Czech and USA? Do you think these gains would be larger for Czech or the USA? How would these gains distributed within the USA?
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Algebra and Trigonometry
Authors: Ron Larson
10th edition
9781337514255, 1337271179, 133751425X, 978-1337271172
