Question

1- Explain how to derive an export supply curve or schedule? be precise 2- explain how...

1- Explain how to derive an export supply curve or schedule? be precise

2- explain how to derive an import demand curve or schedule? be precise.

Homework Answers

Answer #1

It is explained below :

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
9.1 Home’s demand curve for wheat is: D = 100 − 20P. Its supply curve is...
9.1 Home’s demand curve for wheat is: D = 100 − 20P. Its supply curve is S = 20 + 20P. Derive and graph Home’s import demand schedule. What would the price of wheat be in the absence of trade? 9.2 Now add Foreign, which has a demand curve D* = 80 − 20P and a supply curve S* = 40 + 20P. a. Derive and graph Foreign’s export supply curve and find the price of wheat that would prevail...
2. Suppose that Economica is a large country. The export supply curve is as follows Price    ...
2. Suppose that Economica is a large country. The export supply curve is as follows Price     Quantity 60        60 80       120 100       180 120       240 Assume that Economica imposes a $20 tariff on imported oil. Assume that the world price of oil is initially $80. a. Graph the import demand and export supply curves Calculate b. the price of oil in Economica c. the price of oil in the Rest of the World d. The change in producer surplus
Do the following: Derive the Ys (aggregate supply) curve in the classical model Derive the Yd...
Do the following: Derive the Ys (aggregate supply) curve in the classical model Derive the Yd (aggregate demand) curve in the classical model Prove that a decline in velocity will shift the Yd (aggregate demand) curve Please provide graphs/diagrams along with your explanation.
3 Derive IS curve and LM curve mathmatically: (1) Consider in a country A money supply...
3 Derive IS curve and LM curve mathmatically: (1) Consider in a country A money supply M=4000, price level P=3, inflation expectation and liquidity preference is assumed to be zero to make the calculation simple. The money demand function L(i, Y ) = Y ? 200 ? (r + ? ^e ). Use the above information to derive the LM curve mathmatically and then plot it when real interest rate is between 0 and 8. (2) Consider in a country...
explain how we can derive the demand curve from the consumers optimum concept explain the concept...
explain how we can derive the demand curve from the consumers optimum concept explain the concept of diminishing marginal utility in relation to the law of demand  
Assume California's supply and demand curve for beef is: Dc = 800 - 10P, Sc =...
Assume California's supply and demand curve for beef is: Dc = 800 - 10P, Sc = 200 + 30P a) Derive and graph California's import demand schedule. If Claifornia's agricultural deprtment outlawed purchasing out of state beef to prevent the slaughter of unhappy cows, what would the price of beef be (i.e, what is the price of beef in autarky)? b) Now consider Nebraska, with the following demand and supply schedules for beef: Dn = 100 -5P, Sn = 40...
The IS curve. (a) Explain how to derive the IS curve from the Keynesian Cross. Your...
The IS curve. (a) Explain how to derive the IS curve from the Keynesian Cross. Your answer should include carefully labeled diagrams depicted the Keynesian Cross and the IS curve. (b) How does an increase in the marginal propensity to consume affect the slope of the IS curve. Explain.
Derive the dynamic aggregate supply curve equation.
Derive the dynamic aggregate supply curve equation.
1. The supply curve is a graphic representation of a supply schedule that integrates the quantity...
1. The supply curve is a graphic representation of a supply schedule that integrates the quantity of supply with a series of alternative prices. True False 2. At the equilibrium price, there is no pressure (market force) on the price to either rise or fall. True False 3. When a shortage exists in a market, the actual price would be greater than (above) the equilibrium price. True False
Question 2 Net export (NX =X-IM), where X is export and IM is import. Now assume...
Question 2 Net export (NX =X-IM), where X is export and IM is import. Now assume that the proportion of additional income that is spent on import is 0.1, this is called the marginal propensity to import (mpim)). This is similar to the MPC. Assume that import depends on income such that the total import is IM=0.1(Y) here 0.1 is mpim. Let C=1000+0.5Yd, I=300, G=200, T=100 and X=300. Yd=Y-T+TR and TR=200. Note that T and TR represents Taxes and transfer...