Suppose that Thailand and India are currently NOT trading with each other. Both countries produce both shrimp and linens domestically, and sell to domestic customers. Next, suppose that Thailand and India engage in completely free trade. Thailand has the Comparative Advantage in shrimp, and begins exporting shrimp to India India has the Comparative Advantage in linens, and begins exporting linens to Thailand. What happens in Thailand due to free trade? Who is helped and who is hurt in Thailand? Check all that apply.

Ummit record company is negotiating with two banks for a $157,000 loan. fidelity bank requires a compensating balance of 24 percent, discounts the loan, and wants to be paid back in four quarterly payments. southwest bank requires a compensating balance of 12 percent, does not discount the loan, but wants to be paid back in 12 monthly installments. the stated rate for both banks is 9 percent. compensating balances will be subtracted from the $157,000 in determining the available funds in part a. a-1. calculate the effective interest rate for fidelity bank and southwest bank. (do not round intermediate calculations. input your answers as a percent rounded to 2 decimal places.) a-2. which loan should summit accept? southwest bank fidelity bank b. recompute the effective cost of interest, assuming that summit ordinarily maintains $37,680 at each bank in deposits that will serve as compensating balances

The rybczynski theorem describes: (a) how commodity price changes influence real factor rewards (b) how commodity price changes influence relative factor rewards. (c) how changes in factor endowments cause changes in commodity outputs. (d) how trade leads to factor price equalization.

Post test question number 9 for entering the job market