International trade has many tradeoffs for each country, Ask an Expert

Economics

International trade has many tradeoffs for each country. Overall, what has been the global trend in trade policies from 1950 to 2000?

A. From closedness to openness

B. From openness to closedness

C. The change is indeterminate, as low income countries are less able to produce reliable national accounts than high income countries.

D. More closed than ever before

E. no change in openness to foreign trade

View complete question

Business Economics, Economics

Category:- Business Economics
Reference No.:- M91275897

Have any Question?Write your Review or question?

Related Questions in Business Economics

You run a small pizza shop named pizza hat initially you

You run a small pizza shop named Pizza Hat. Initially you sold pizzas for $8 and every week you sold around 3000 pizzas. Each pizza costs you $3 to make. One day you decided to over discounts to customers to see if you c ...

Advertisements suggest that a new window design can save

Advertisements suggest that a new window design can save $400 per year in energy cost over its 30-year life. At an initial cost of $8,000 and zero salvage value, using IRR, is this window a good investment? MARR is 8%.

What causes the ppf to shift outward i think that resources

What causes the PPF to shift outward? I think that resources have to be used but i'm not sure.

1 a consumer has 300 to spend on goods x and y the market

1. A consumer has $300 to spend on goods X and Y. The market prices of these two goods are Px $15 and Py $5. a. What is the market rate of substitution between goods X and Y? b. Show how the consumer's opportunity set ch ...

1 what are the modern firm-based international trade

1. What are the modern, firm-based international trade theories? 2. Describe how a business may use the trade theories to develop its business strategies. Use Porter's four determinants in your explanation. 3. What is th ...

A person at a carnival decides to toss rings until he hits

A person at a carnival decides to toss rings until he hits the target, but he will not toss more than 3 times. Let H denote a hit and M denote a miss. What is the sample space for this random experiment? S = {HHH, HHM, H ...

In an inquiry into the nature and causes of the wealth of

In an inquiry into the nature and causes of the wealth of nations, Adam Smith listed three reasons for productivity to increase with specialization. What are these three reasons?

Each of 30 teams in a league has a demand for generic

Each of 30 teams in a league has a demand for generic advertising of Q = 260 - 4P. Price is measured in thousands of dollars. Ads cost $510,000 each. How many ads will the teams want to purchase as a group?

How does the learning environment effect the success of

How does the learning environment effect the success of students? Provide examples.

You have an opportunity to buy a bond with a face value of

You have an opportunity to buy a bond with a face value of $10,000 and coupon rate of 14%, payable semi-annually. NOTE: Interest per 6-month period is 7% of Face Value (i.e. $10,000x0.07 = $700 per 6-month period). (i) I ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Business Economics Expert