1
answer
0
watching
22
views
23 Nov 2019
1. Show and describe the short run effects of immigration. Is immigration good in the short run?
2.Assume we have a Hecksher-Ohlin model from class. There are two countries (US, Mexico)
producing two goods (Ipads (I), Jeans (J)). Assume I is relatively capital intensive in
production and the Mexico is relatively capital abundant.
a. State the H-O Theorem. What will be the pattern of trade between the US and Mexico?
b. Show the autarky equilibrium (Indifference curves, price level, quantities).
c. Are your PPF
1. Show and describe the short run effects of immigration. Is immigration good in the short run?
2.Assume we have a Hecksher-Ohlin model from class. There are two countries (US, Mexico)
producing two goods (Ipads (I), Jeans (J)). Assume I is relatively capital intensive in
production and the Mexico is relatively capital abundant.
a. State the H-O Theorem. What will be the pattern of trade between the US and Mexico?
b. Show the autarky equilibrium (Indifference curves, price level, quantities).
c. Are your PPF
18 Feb 2024
Unlock all answers
Get 1 free homework help answer.
Already have an account? Log in