Pos 486 final exam - Study guides, Class notes & Summaries

1) The current account includes a) direct investment assets. b) monetary reserves. c) investment liabilities. d) exports and imports. - Answer-d) exports and imports Since the 1970s, in regard to the current account, the United States has generally had a) a deficit b) a surplus c) a balance d) volatility - Answer-a) a deficit The financial account includes a) the capital account. b) secondary income. c) portfolio investment. d) services trade - Answer-c) portfolio i...

POS 486 FINAL EXAM 2021 ALREADY GRADED A

POS 486 - FINAL EXAM. QUESTIONS WITH ANSWERS. COMPLETE SOLUTIONS (A+ GRADE). Question 1 Free trade alters supply and demand by Selected Answer: 4. providing gains in the form of increased revenue to domestic producers Correct Answer: 2. lowering the price, thereby increasing the quantity demanded Response Feedback: See Chapter 3, "The Economic Case for Free Trade" and Lecture 3  Question 2 In a liberalized country with an abundance of labor and land but little capital, we ...

POS 486 FINAL EXAM - Questions, Answers and Response Feedback Question 1 Free trade alters supply and demand by Question 2 In a liberalized country with an abundance of labor and land but little capital, we would expect Question 3 When U.S. automakers (the Big 3) sought a bailout from the federal government in 2008, the sectoral model would predict Question 4 In a factor-based model of trade, if a developing country begins producing more shoes and fewer aviation systems, who benefits? Question 5...

POS 486 FINAL EXAM - Questions, Answers and Response Feedback Question 1 Free trade alters supply and demand by Question 2 In a liberalized country with an abundance of labor and land but little capit al, we would expect Question 3 When U.S. automakers (the Big 3) sought a bailout from the federal government in 2008, the sectoral model would predict Question 4 In a factor-based model of trade, if a developing country begins producing more shoes and fewer aviation systems, who benefits? Question ...

POS 486 FINAL EXAM • Question 1 Free trade alters supply and demand by Selected Answer: 4. providing gains in the form of increased revenue to domestic producers Correct Answer: 2. lowering the price, thereby increasing the quantity demanded Response Feedback: See Chapter 3, "The Economic Case for Free Trade" and Lecture 3 • Question 2 In a liberalized country with an abundance of labor and land but little capital, we would expect Selected Answer: 2...

Providing enough questions to use as revision material for the final POS 486 final exam

providing gains in the form of increased revenue to domestic producers 2. lowering the price, thereby increasing the quantity demanded See Chapter 3, "The Economic Case for Free Trade" and Lecture 3 • Question 2 In a liberalized country with an abundance of labor and land but little capital, we would expect Selected Answer: Correct Answer: Response Feedback: 2. agricultural interests to be export- oriented 2. agricultural interests to be export- oriented See Oatley Chapter 4 & Lecture 4 ...

POS 486 FINAL EXAM • Question 1 Free trade alters supply and demand by Selected Answer: 4. providing gains in the form of increased revenue to domestic producers Correct Answer: 2. lowering the price, thereby increasing the quantity demanded Response Feedback: See Chapter 3, "The Economic Case for Free Trade" and Lecture 3 • Question 2 In a liberalized country with an abundance of labor and land but little capital, we would expect Selected Answer: 2. agricultural interests to be export-ori...