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Q. Domestic content legislation applied to autos would tend to:

Q. What institution reduces the risk of bank runs in the U.S.?

Q. Country A and Country B produce computers and Web sites. The unit labor requirements are given in the table below: Computers Web pages Country A 50 1 Country B 100 1 At which of the following relative prices (computers in terms of Web sites) will Country B produce both goods under free trade?

Q. Credit (+) items in the balance of payments correspond to anything that:

Q. Compared to an import quota, an equivalent tariff may provide a less certain amount of protection for home producers since:

Q. According to the Heckscher-Ohlin model, the source of comparative advantage is a country’s:

Q. All are advantages of foreign trade EXCEPT:

Q. If { } > { } when K= capital and L= labour, and A and B are countries then

Q. What is the effect of an increase in taxes under fixed exchange rates and perfect asset substitutability in the short run?

Q. What is the "transfer problem"?