Please answer these questions in 40 minutes. Simple problems of international trade of economics.

Course Hero X International Trade Final Exam 20 x + X C A ks.wjx.top/jq/103473535.aspx G . .. : Apps 3 Freelancer | Online.. h Find Similar or Opp.. Online Text Correcti... Payoneer - My Acc... Google Fonts MailChimp Dashbo.. Google Walk S Online SEO learning *1. In the following figure, which point is the production point with international trade? (5 points) Agriculture output, QA 01:58:11 C A B Manufacturing output, QM OA OB OC 2:01 PM Type here to search OBO BANO R 1/7/2021+ X Course Hero X International Trade Final Exam 20 x G . .. C A ks.wjx.top/jq/103473535.aspx : Apps 3 Freelancer | Online.. h Find Similar or Opp.. Online Text Correcti... Payoneer - My Acc... Google Fonts MailChimp Dashbo... 7 Google gall S Online SEO learning *2. Companies from developing countries buying firms in the developed countries is a description of wha t? (5 Points) OVertical FDI OHorizontal FDI OReverse-vertical FDI 01:58:01 *3. Choose the right function for computing the index of intra-industry trade. (5 points) OMin{imports, exports}/0.5(imports+exports) OMin{imports, exports}/(imports+exports) Oexports/(imports+exports) Oimports/(imports+exports) *4. Home country exports clothes (Price is Pc) and imports wheat (Price is Pw), choose the term represe nting the term of trade of Home country. (5 points) OPw/Pc OPC/Pw O(Pc+Pw)/Pc O(PC+Pw)/Pw 2:01 PM Type here to search O R WE 1/7/2021Course Hero X International Trade Final Exam 20 x + X C A ks.wjx.top/jq/103473535.aspx G . .. : Apps 3 Freelancer | Online.. h Find Similar or Opp.. Online Text Correcti... |Payoneer - My Acc... Google Fonts MailChimp Dashbo... Google gall S Online SEO learning *6. Based on the specific-factors model, how an increase in the labor amount used in the manufacturing and agriculture industries influence marginal product of capital (MPK) and marginal product of land (MPT)? (5 points) [Bit] Increase MPK Decrease MPK Increase MPT 01:57:53 Decrease MPT *7. Choose the right statements about the H-O model. (5 points) [Bit] It is a short-term model It considers labor and capital All production factors can move freely between industries Production factors are not fully utilized Ill. Answer the following questions. (65 points in total) *8. What is International Trade? Explain the key words: Trade surplus, Trade deficit, Bilateral trade balanc e. (10 points) 2:01 PM Type here to search O R 1/7/2021Course Hero X International Trade Final Exam 20 x + X C A ks.wjx.top/jq/103473535.aspx G . .. : Apps 3 Freelancer | Online.. h Find Similar or Opp. . Online Text Correcti.. Payoneer - My Acc.. Google Fonts MailChimp Dashbo... Google Ugal S Online SEO learning *8. What is International Trade? Explain the key words: Trade surplus, Trade deficit, Bilateral trade balanc e. (10 points) 01:57:39 *9. What is Leontief's Paradox with respect to the H-O theorem? Is Leontief's Paradox really exists? (10 p oints) *10. List two examples of recent foreign direct investment (FDI). Is FDI beneficial to the host country? Wha t problems are associated with FDI? (10 points) *11. What kind of production factor is abundant in your home country? What's the major products exporte d from your home country? Explain the trading pattern of your home country with the H-O model's ke y lessons. (20 points) 2:02 PM Type here to search O Fi R 1/7/2021Course Hero X International Trade Final Exam 20 x + X C A ks.wjx.top/jq/103473535.aspx G . .. : Apps 3 Freelancer | Online.. h Find Similar or Opp. . Online Text Correcti.. Payoneer - My Acc... Google Fonts @ MailChimp Dashbo... 7 Google Walk S Online SEO learning *10. List two examples of recent foreign direct investment (FDI). Is FDI beneficial to the host country? Wha t problems are associated with FDI? (10 points) 01:57:28 *11. What kind of production factor is abundant in your home country? What's the major products exporte d from your home country? Explain the trading pattern of your home country with the H-O model's ke y lessons. (20 points) *12. Which lesson from the International Trade impresses you most? What's your biggest problem in learn ing this class? What's your suggestions for the future development of this class? (15 points) Type here to search 2:02 PM O R 1/7/2021