need help assignmnt
Chapter 5 – Beyond Comparative Advantage
Krugman, “Gravityâ€
- How can we determine the probability that a citizen in one country/region wants to buy something from a citizen in another country/region?
- What is the Armington Assumption?
- What trade theories were dominant prior to “New Trade Theory�
The Economist, “The Celestial Economyâ€
- Which countries are expected to have the largest shares of global economic power by 2030?
- What three forces will dictate China’s economic rise?
- China is expected to have about 23% of the world’s economic power by 2030. What is the likely cause of this?