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Assignment 1 : Tools of Market Access Analysis Use the following data to compute Balassa Indices to determine the Revealed Comparative Advantage for the products
Assignment 1 : Tools of Market Access Analysis
- Use the following data to compute Balassa Indices to determine the Revealed Comparative Advantage for the products listed in the table below.
| Rum | Sugar | Bananas | Rice | |
| Total Exports of Product by country 1 in 2021(thousand dollars) | 1200 | 900 | 600 | 850 |
| Total Exports of Country 1 in 2021 (thousand dollars) | 600,000 | 600,000 | 600,000 | 600,000 |
| World exports of Product in 2021 (thousand dollars) | 1,200,000 | 1,600,000 | 900,000 | 1,500,000 |
| World exports of all Products in 2021 (thousand dollars) | 250,500,000 | 250,500,000 | 250,000,000 | 250,000,000 |
| RCA |
- Rank the products in the order of comparative advantage. Which product is the country best advised to specialize in?
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Handbook Of Principles Of Organizational Behavior Indispensable Knowledge For Evidence Based Management
Authors: Edwin Locke
2nd Edition
0470740941, 978-0470740941
