This topic contains a solution. Click here to go to the answer

Author Question: The nominal rate of protection shows the extent to which the domestic price of imported goods ... (Read 99 times)

james9437

  • Hero Member
  • *****
  • Posts: 568
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
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
Wow, this really help


carojassy25

  • Member
  • Posts: 299
Reply 3 on: Yesterday
:D TYSM

 

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?

About 3.2 billion people, nearly half the world population, are at risk for malaria. In 2015, there are about 214 million malaria cases and an estimated 438,000 malaria deaths.

Did you know?

Medication errors are more common among seriously ill patients than with those with minor conditions.

Did you know?

ACTH levels are normally highest in the early morning (between 6 and 8 A.M.) and lowest in the evening (between 6 and 11 P.M.). Therefore, a doctor who suspects abnormal levels looks for low ACTH in the morning and high ACTH in the evening.

Did you know?

The term bacteria was devised in the 19th century by German biologist Ferdinand Cohn. He based it on the Greek word "bakterion" meaning a small rod or staff. Cohn is considered to be the father of modern bacteriology.

For a complete list of videos, visit our video library