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Q1. Write a 1,050- to 1,250-word report in APA format advising the President of Rodamia making recommendations for international trade. Address the following:

o List at least one advantage also one limitation of international trade you encountered in the simulation.
o Define absolute also comparative advantage in your own words.
o Explain how absolute also comparative advantage were used in your simulation.
o Describe the influences affecting foreign exchange rates.

Q2. Given c = 100+0.9y I= 50. Illustrate what is the marginal propensity to consume? Illustrate what is the marginal propensity to save.

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M9159918

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