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export 1 answer below » Review Questions: Industry Structure for Exporting and Import Competing Firms

Explain the differences between exporting firms, and import-competing firms. Give an example of each.
List any five entry costs that are borne by most exporting firms.
Traditional trade theory suggests that resource allocation occurs across industries. However, the finding of Balassa (1966, 1967) suggest that resource allocation mostly occurs within the same industry. Please comment. Document Preview: View complete question » Review Questions: Industry Structure for Exporting and Import Competing Firms

Explain the differences between exporting firms, and import-competing firms. Give an example of each.
List any five entry costs that are borne by most exporting firms.
Traditional trade theory suggests that resource allocation occurs across industries. However, the finding of Balassa (1966, 1967) suggest that resource allocation mostly occurs within the same industry. Please comment. Document Preview: Review Questions: Industry Structure for Exporting and Import Competing Firms

Explain the differences between exporting firms, and import-competing firms. Give an example of each.
List any five entry costs that are borne by most exporting firms.
Traditional trade theory suggests that resource allocation occurs across industries. However, the finding of Balassa (1966, 1967) suggest that resource allocation mostly occurs within the same industry. Please comment.
Why does trade liberalization affect labor markets across countries differently?
Why do Western European labor markets generally experience lower TFP compared to U.S. labor markets?
List any four factors that cause friction in labor markets.
My answer:
wage not deline with decreased demand
due to power of institutions
rigid to degrees
MY TEACHER LET ME GUESS THIS ONE. I DON’T KNOW THE LAST ONE. PLEASE GIVE ONE FACTOR HERE.

NOTES: QUESTIONS 2 AND 6 JUST NEED TO LIST. QUESTION 1, 3, 4 AND 5 SHOULD BE DETAIL. ABOUT 1 PAGE.

Review Questions: Industry Structure for Exporting and Import Competing Firms

Explain the differences between exporting firms, and import-competing firms. Give an example of each.
List any five entry costs that are borne by most exporting firms.
Traditional trade theory suggests that resource allocation occurs across industries. However, the finding of Balassa (1966, 1967) suggest that resource allocation mostly occurs within the same industry. Please comment.
Why does trade liberalization affect labor markets across countries differently?
Why do Western European labor markets generally experience lower TFP compared to U.S. labor markets?
List any four factors that cause friction in labor markets.
My answer:
wage not deline with decreased demand
due to power of institutions
rigid to degrees
MY TEACHER LET ME GUESS THIS ONE. I DON’T KNOW THE LAST ONE. PLEASE GIVE ONE FACTOR HERE.

NOTES: QUESTIONS 2 AND 6 JUST NEED TO LIST. QUESTION 1, 3,… Attachments: —.doc View less » Oct 22 2013 12:35 AM

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