Homework Answers
Let France be the reference country
Belassa Index for Chile = Share of wine exports in Chile to that of France
= 20/4 = 5
Belassa Index for France = 1 because it is the reference country
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12. Chile reported that 20% of its exports last year were in wine, and France reported...
5. Terms of trade Suppose that France and Denmark both produce oil and wine. France's opportunity...
5. Terms of trade Suppose that France and Denmark both produce oil and wine. France's opportunity cost of producing a bottle of wine is 5 barrels of oil while Denmark's opportunity cost of producing a bottle of wine is 10 barrels of oil. 1.By comparing the opportunity cost of producing wine in the two countries, you can tell that ( Denmark, France) has a comparative advantage in the production of wine and ( France, Denmark) has a comparative advantage in...
Question 20 1 pts Diamond Wine Exports paid a $1.00 per share annual dividend last week....
Question 20 1 pts Diamond Wine Exports paid a $1.00 per share annual dividend last week. Dividends are expected to increase by 5% annually. What is one share of this stock worth to you today if the appropriate discount rate is 14%? O $7.14 O $7.50 $11.11 $11.67 $12.25 Question 21
Suppose that France and Germany both produce wine and schnitzel. The table below shows combinations of...
Suppose that France and Germany both produce wine and schnitzel. The table below shows combinations of the goods that each country can produce in a day. France Germany Wine (Bottles) Schnitzel (Kilograms) Wine (Bottles) Schnitzel (Kilograms) 0 12 0 25 1 9 1 20 2 6 2 15 3 3 3 10 4 0 4 5 5 0 Suppose that France is currently producing 1 bottle of wine and 9 kilograms of schnitzel and Germany is currently producing 3 bottles...
Trade at France's Domestic Price. This problem illustrates an example of trade induced by comparative advantage. It assumes that China and France each have 1,000 production units. With one unit o...
Trade at France's Domestic Price. This problem illustrates an example of trade induced by comparative advantage. It assumes that China and France each have 1,000 production units. With one unit of production (a mix of land, labor, capital, and technology), China can produce either 12 containers of toys or 7 cases of wine. France can produce either 2 cases of toys or 7 cases of wine. Thus, a production unit in China is six times as efficient compared to France...
Last year, K9 WebbWear, Inc. reported an ROE of 20 percent. The firm's debt ratio was 55 percent, sales were $20 mi...
Last year, K9 WebbWear, Inc. reported an ROE of 20 percent. The firm's debt ratio was 55 percent, sales were $20 million, and the capital intensity was 125 times. This year, K9 WebbWear plans to increase its debt ratio to 60 percent. The change will not affect sales or total assets, however, it will reduce the firm's profit margin to 12 percent Calculate the net income and profit margin for K9 WebbWear last year. (Enter your answer in millions of...
*MULTIPLE PART QUESTION* There are two countries in the world, France and Germany, and both can...
*MULTIPLE PART QUESTION*
There are two countries in the world, France and Germany, and
both can use workers to produce either cheese or bread. France can
produce either a ton of cheese or a ton of bread with 3 workers.
Germany can produce a ton of cheese with 6 workers and a ton of
bread with 3 workers. France has 120 workers; Germany has 150
workers. Initially, there is no trade between the two
countries.
There are two countries in...
Suppose that Italy and Switzerland both produce rye and wine. Italy's opportunity cost of producing a...
Suppose that Italy and Switzerland both produce rye and wine. Italy's opportunity cost of producing a bottle of wine is 5 bushels of rye while Switzerland's opportunity cost of producing a bottle of wine is 10 bushels of rye. By comparing the opportunity cost of producing wine in the two countries, you can tell that, ITALY or SWITZERLAND, has a comparitive advantage in the production of wine and, ITALY or SWITZERLAND, has a comparative advantage in the production of rye....
5. The price of trade Suppose that France and Austria both produce oil and stained glass....
5. The price of trade Suppose that France and Austria both produce oil and stained glass. France's opportunity cost of producing a pane of stained glass is 5 barrels of oil while Austria's opportunity cost of producing a pane of stained glass is 10 barrels of oil. has a comparative advantage in the By comparing the opportunity cost of producing stained glass in the two countries, you can tell that production of stained glass and has a comparative advantage in...
Fermento sells a wine it purchases from a local brewer. Fermento stocked up on the wine throughout the year, preparing...
Fermento sells a wine it purchases from a local brewer. Fermento stocked up on the wine throughout the year, preparing for a special millenium sales event in late December. On January 1, Fermento had 85 bottles on hand that cost $10 each. They also made the following purchases: 15 bottles for $9 each on Mar. 28 20 bottles for $7 each on Sep. 14 80 bottles for $12 each on Nov. 5 Fermento's sales were as follows: 11 from the...
Hello. Would you be able to help me with the correct answer and why I got...
Hello. Would you be able to help me with the correct answer and
why I got the answer wrong in the first place?
Table 3-3 Table 3-3 Production Opportunities Hours Needed to Make 1 Unit of Number of Units Produced in 40 Hours Cheese Wine Cheese Wine 14 40 5 2 8 110 England France 20 x Which of these trades leads to a gain for both goods for both countries? 0/1 Hint: compare to what you got in the...
Question 20 1 pts Diamond Wine Exports paid a $1.00 per share annual dividend last week. Dividends are expected to increase by 5% annually. What is one share of this stock worth to you today if the appropriate discount rate is 14%? O $7.14 O $7.50 $11.11 $11.67 $12.25 Question 21
Trade at France's Domestic Price. This problem illustrates an example of trade induced by comparative advantage. It assumes that China and France each have 1,000 production units. With one unit of production (a mix of land, labor, capital, and technology), China can produce either 12 containers of toys or 7 cases of wine. France can produce either 2 cases of toys or 7 cases of wine. Thus, a production unit in China is six times as efficient compared to France...
Last year, K9 WebbWear, Inc. reported an ROE of 20 percent. The firm's debt ratio was 55 percent, sales were $20 million, and the capital intensity was 125 times. This year, K9 WebbWear plans to increase its debt ratio to 60 percent. The change will not affect sales or total assets, however, it will reduce the firm's profit margin to 12 percent Calculate the net income and profit margin for K9 WebbWear last year. (Enter your answer in millions of...
*MULTIPLE PART QUESTION*
There are two countries in the world, France and Germany, and
both can use workers to produce either cheese or bread. France can
produce either a ton of cheese or a ton of bread with 3 workers.
Germany can produce a ton of cheese with 6 workers and a ton of
bread with 3 workers. France has 120 workers; Germany has 150
workers. Initially, there is no trade between the two
countries.
There are two countries in...
5. The price of trade Suppose that France and Austria both produce oil and stained glass. France's opportunity cost of producing a pane of stained glass is 5 barrels of oil while Austria's opportunity cost of producing a pane of stained glass is 10 barrels of oil. has a comparative advantage in the By comparing the opportunity cost of producing stained glass in the two countries, you can tell that production of stained glass and has a comparative advantage in...
Fermento sells a wine it purchases from a local brewer. Fermento stocked up on the wine throughout the year, preparing for a special millenium sales event in late December. On January 1, Fermento had 85 bottles on hand that cost $10 each. They also made the following purchases: 15 bottles for $9 each on Mar. 28 20 bottles for $7 each on Sep. 14 80 bottles for $12 each on Nov. 5 Fermento's sales were as follows: 11 from the...
Hello. Would you be able to help me with the correct answer and
why I got the answer wrong in the first place?
Table 3-3 Table 3-3 Production Opportunities Hours Needed to Make 1 Unit of Number of Units Produced in 40 Hours Cheese Wine Cheese Wine 14 40 5 2 8 110 England France 20 x Which of these trades leads to a gain for both goods for both countries? 0/1 Hint: compare to what you got in the...
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