FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Hi please help me with these econ practice questions i am practicing for my exam, please note that t he foreign trade multiplier is 0.4

Hi please help me with these econ practice questions i am practicing for my exam, please note that the foreign trade multiplier is 0.4, thank you!!!!

image text in transcribed
Question 3 Explain how changes in the national income of Country A can lead to a repercussion effect of its trading partner, Country B, of its balance of payment. Illustrate and explain it with a numerical example with a foreign trade multiplier of 0.4. (15 marks)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Commercial Fishing On The Outer Banks

Commercial Fishing On The Outer Banks

Authors: R Wayne Gray, Nancy Beach Gray

1st Edition

1439667055, 9781439667057

More Books

Students also viewed these Economics questions

Question

★★★★★
McIntosh stores use point-of-sale terminals as cash registers. The register shows the amount of each sale, the cash received from the customer, and any change returned to the customer. The machine...

Answered: 1 week ago

Question

★★★★★
3. Why are children of lower-SES backgrounds at greater risk for certain types of ID? Why might low-SES children with IDs have poorer prognoses than middle-class children with IDs?

Answered: 1 week ago

Question

★★★★★
=+20. Paints. A company manufactures seats for different automobile companies. One component of the seat is a wire spring. A machine is used to bend the wire spring so that its length is 500 mm. The...

Answered: 1 week ago

Question

★★★★★
The company has 10,000 shares of 6%, $100 par preferred stock outstanding. In addition, the company has 100,000 shares of common stock outstanding. The company started business on January 1, 2010....

Answered: 1 week ago

Question

★★★★★
The keyboard shortcut to snap a window to the left side of the screen is _ _ _ _ _ _ _ _ _ _ . Group of answer choices Windows + Left arrow Alt + Left arrow Windows + Shift + L Windows + Ctrl + L

Answered: 1 week ago

Question

★★★★★
A third-party logistics company provides international reverse logistics for a major distributor of computer hardware in the EU, where regulations on product disposal are very strict. The company...

Answered: 1 week ago

Question

★★★★★
What is the absolute difference in your total concentration of iodine in the CH2Cl2 phase, in mol/L, between your 'best two' determinations in Part 2 of the experiment? Use your own lab-obtained...

Answered: 1 week ago

Question

★★★★★
Develop a change management strategy Develop a change management strategy for the business. You can use an organisational template if you have one or you can use the Change Management Strategy...

Answered: 1 week ago

Question

★★★★★
Virginia Co . has a subsidiary in Hong Kong and in Thailand. Assume that the Hong Kong dollar ( HK$ ) is pegged at $ 0 . 1 2 per Hong Kong dollar and it will remain pegged. The Thai baht fluctuates...

Answered: 1 week ago

Question

★★★★★
(JMI) is a company that builds custom-designed metal-cutting machinery. JMI's minimum sales contract is typically for $1 million and many sales contracts are in excess of $5 million. It generally...

Answered: 1 week ago

Question

★★★★★
Asa provides consulting services to small businesses. He has a dedicated office that is used exclusively and regularly. The house is 3,200 square feet, and the office is 275 square feet. Asa did not...

Answered: 1 week ago

Question

★★★★★
1. To generate a discussion on the concept of roles

Answered: 1 week ago

Question

★★★★★
6. What information processes operate in communication situations?

Answered: 1 week ago

Question

★★★★★
3. How can we use information and communication to generate trust?

Answered: 1 week ago

Previous Question Next Question