This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The nominal rate of protection shows the extent to which the domestic price of imported goods ... (Read 54 times)

james9437

  • Hero Member
  • *****
  • Posts: 568
on: Jun 30, 2018
The nominal rate of protection shows the extent to which the domestic price of imported goods exceeds
 
  (a) what the price would be without tariffs.
  (b) the cost of intermediate inputs.
  (c) the social opportunity costs of the good.
  (d) the no-trade equilibrium price.

Question 2

During the past decade, India has invested about 22 of its GDP while China's investment rate has been double that of India's. India's annual growth rate has been about 6 while that of China has been about 9. What conclusions can you draw?
 
  What will be an ideal response?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Moriaki

  • Sr. Member
  • ****
  • Posts: 341
Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

Students are asked to relate investment rates to the rate of economic growth through the Harrod-Domar model. The students should calculate the ICOR for the two countries and note that India's ICOR (about 3.67) is lower than China's (about 5).


james9437

  • Member
  • Posts: 568
Reply 2 on: Jun 30, 2018
Gracias!

milbourne11

  • Member
  • Posts: 322
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

The B-complex vitamins and vitamin C are not stored in the body and must be replaced each day.

Did you know?

According to the American College of Allergy, Asthma & Immunology, more than 50 million Americans have some kind of food allergy. Food allergies affect between 4 and 6% of children, and 4% of adults, according to the CDC. The most common food allergies include shellfish, peanuts, walnuts, fish, eggs, milk, and soy.

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

Did you know?

More than 20 million Americans cite use of marijuana within the past 30 days, according to the National Survey on Drug Use and Health (NSDUH). More than 8 million admit to using it almost every day.

Did you know?

Computer programs are available that crosscheck a new drug's possible trade name with all other trade names currently available. These programs detect dangerous similarities between names and alert the manufacturer of the drug.

Defensive mutualism involves species that receive food or shelter in return for providing protection Defensive mutualism involves species that receive food or shelter in return for providing protection
At breakfast, a middle-class husband sits absorbed in the newspaper and the public affairs of the da At breakfast, a middle-class husband sits absorbed in the newspaper and the public affairs of the da
Influence of substrate concentration on the rate of an enzyme-catalyzed reaction. Influence of substrate concentration on the rate of an enzyme-catalyzed reaction.
The rate of facilitated diffusion The rate of facilitated diffusion
Daniel's Enterprises has a beta of 1.98 and a growth rate of 12 percent. The stock is ... Daniel's Enterprises has a beta of 1.98 and a growth rate of 12 percent. The stock is ...
The figure shows an LR circuit with a switch and a 240-volt battery. At the instant the switch ... The figure shows an LR circuit with a switch and a 240-volt battery. At the instant the switch ...
Video: Bone tissue types - compact and spongy

For a complete list of videos, visit our video library