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Economics: Difference between revisions
→Home exam: linking to all relevant articles that exist for the questions
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== Home exam == | == Home exam == | ||
#) Explain why neighboring countries tend to trade extensively with each other. | #) Explain why neighboring countries tend to [[w:trade|trade]] extensively with each other. | ||
#) Compare | #) Compare [[w:David Ricardo|Ricardo]]’s [[w:comparative advantage|comparative advantage]] theory and [[w:Heckscher-Ohlin|Heckscher-Ohlin]] [[w:Financial endowment|endowment]] model as explanations for [[w:international trade|international trade]]. | ||
#) | #) [[w:Vernon L. Smith|Vernon]]’s [[w:product lifecycle|product lifecycle]] theory explaining [[w:export|export]]s. | ||
#) External economies of scale explaining intraindustry trade. | #) External [[w:economies of scale|economies of scale]] explaining intraindustry trade. | ||
#) What are the welfare effects of | #) What are the [[w:welfare|welfare]] effects of [[w:tariff]]s? | ||
#) What are various forms of trade | #) What are various forms of [[w:trade barrier|trade barrier]]s? | ||
#) Arguments for protection. | #) Arguments for [[w:protectionism|protection]](ism). | ||
#) Compare predatory dumping and international price discrimination. | #) Compare predatory dumping and international [[w:price discrimination|price discrimination]]. | ||
#) Preferential trade arrangements. | #) Preferential trade arrangements. | ||
#) Why there is foreign | #) Why there is [[w:foreign exchange risk|foreign exchange risk]]? | ||
#) How is private saving related to the current account? | #) How is private [[w:saving|saving]] related to the [[w:current account|current account]]? | ||
#) Compare spot rates | #) Compare [[w:spot rate|spot rate]]s, [[w:forward rates|forward rates]] and [[w:Swap (finance)|swap]]s. | ||
#) Explain how a call (foreign-currency) option is useful in international trade. | #) Explain how a [[w:call option|call (foreign-currency) option]] is useful in international trade. | ||
#) Explain how a put (foreign-currency) option is useful in international trade. | #) Explain how a [[w:put option|put (foreign-currency) option]] is useful in international trade. | ||
#) Purchasing power parity and interest parity explaining exchange forward exchange | #) [[w:Purchasing power parity|Purchasing power parity]] and [[w:interest rate parity|interest parity]] explaining [[w:exchange|exchange]] [[w:forward exchange rate|forward exchange rate]]s. | ||
#) What are the three concepts of exchange rate exposure? | #) What are the three concepts of [[w:exchange rate|exchange rate]] exposure? | ||
#) What are the causes of currency crises? | #) What are the causes of [[w:currency crisis|currency crises]]? | ||
#) What is the Marshall-Lerner condition? | #) What is the [[w:Marshall-Lerner condition|Marshall-Lerner condition]]? | ||
#) Different approaches to the balance of payments. | #) Different approaches to the [[w:balance of payments|balance of payments]]. | ||
#) The monetary approach explaining exchange rates. | #) The [[w:monetarism|monetary]] approach explaining exchange rates. | ||
= Finance = | = Finance = | ||