A columnist for Forbes argues, "Even if China is always better than Spain at producing textiles,...

A columnist for Forbes argues, "Even if China is always better than Spain at producing textiles, if the best thing that Spain could be doing is textiles, then that's what Spain should be doing".

a. What does the columnist mean by "China is always better than Spain" in the production of textiles (which include clothing, sheets, and similar products)? Was the columnist arguing that China has an absolute advantage over Spain in producing textiles, a comparative advantage, or both? Briefly explain with full sentences.

b. The columnist noted that, in fact, Spain exports significant quantities of textiles. If this description of the situation in China and Spain is accurate, briefly explain how Spanish firms are able to export textiles in competition with Chinese firms.

please explain thank you

In: Economics

A 5.00 kg block is moving at 3.00 m/s along a frictionless table and collides with...

A 5.00 kg block is moving at 3.00 m/s along a frictionless table and collides with a 2.00 kg block that is initially at rest. The two blocks stick together and then slide up a 20.0 ◦ frictionless inclined plane. What is the maximum distance the two blocks slide up the incline?

In: Physics

Offer an example of a strategic commitment you know of or that you believe would be...

Offer an example of a strategic commitment you know of or that you believe would be beneficial to a firm in an industry. Explain why the commitment is irreversible, understandable and credible and give an indication of the position (tough or soft) it forces the firm into. Your discussion should make it clear why this move would be beneficial to the firm. Alternatively, your example may be of a strategic move that backfired. In this case, you should similarly describe the actions that constituted the commitment and explain why the commitment failed.

In: Economics

The Stellar Inc., a manufacturer of low-sugar, low-sodium, low-cholesterol TV dinners, would like to increase its...

The Stellar Inc., a manufacturer of low-sugar, low-sodium, low-cholesterol TV dinners, would like to increase its market share in the Sunbelt. In order to do so, Stellar has decided to locate a new factory in the Panama City area. Stellar will either buy or lease a site depending upon which is more advantageous. The site location committee has narrowed down the available sites to the following three very similar buildings that will meet their needs.

Building A: Purchase for a cash price of $618,100, useful life 26 years.

Building B: Lease for 26 years with annual lease payments of $70,340 being made at the beginning of the year.

Building C: Purchase for $653,200 cash. This building is larger than needed; however, the excess space can be sublet for 26 years at a net annual rental of $6,540. Rental payments will be received at the end of each year. The Stellar Inc. has no aversion to being a landlord.

Click here to view factor tables

In which building would you recommend that The Stellar Inc. locate, assuming a 12% cost of funds? (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 458,581.)

Net Present Value

Building A

$enter a dollar amount rounded to 0 decimal places

Building B

$enter a dollar amount rounded to 0 decimal places

Building C

$enter a dollar amount rounded to 0 decimal places
The Stellar Inc. should locate itself in select a building

In: Accounting

make a reflection about the trends and issues of education.

make a reflection about the trends and issues of education.

In: Economics

what does it mean that sex is a social construction and how does this differ from...

what does it mean that sex is a social construction and how does this differ from the idea that gender is a social construction

In: Psychology

BACK TITRATION OF ASCORBIC ACID For the standardization, 5 ml of KIO3 was added, as well...

BACK TITRATION OF ASCORBIC ACID

For the standardization, 5 ml of KIO3 was added, as well as 0.5087 g of solid KI and 2.5 mL of 0.5 M H2SO4. It was titrated with the Na2S2O3 solution previously prepared.

0.01 M KIO3 (+excess KI and acid)           0.07 M Na2S2O3

1- Calculate the ascorbic acid concentration from your manual titration. (HOW TO CALCULATE THE EXCESS IODINE)

IO3- + 8I- + 6H+ ?3I 3-+ 3H2 O                                

   I3- + 2S2O3-2 ? 3I- +S4 O6-2        

C6H8O6 + I3- ? C6H6O7 + 4H+ +3I-

Standardization of Thiosulfate solution

Trial

KI mass (g)

Thiosulfate added (ml)

KIO3 (ml) (0.01M)

1

0.5087

3.610

5 ml

analysis of ascorbic acid

trial

Ascorbic acid (g)

KI (g)

KIO3 (ml)

Thiosulfate added (ml)

Manual titration

0.1504

0.5002

15

2.360

In: Chemistry

Explain why working and labor conditions are an ethical issue that is currently influencing the international...

Explain why working and labor conditions are an ethical issue that is currently influencing the international community and what stakeholders are being influenced by this issue and how.

In: Economics

To increase revenue, you should increase price of your product. Is that always true? explain.

To increase revenue, you should increase price of your product. Is that always true? explain.


In: Economics

On 26 February, Hong Kong’s Financial Secretary Paul Chan announced that all permanent residents in Hong...

On 26 February, Hong Kong’s Financial Secretary Paul Chan announced that all permanent residents in Hong Kong will receive a HK$10,000 from the HKSAR government. This policy will cost the HKSAR government roughly HK$71 billion and it is aimed at tackling the worse economic downturn that the city has experienced in the last 10 years.

a. Briefly explain why this policy can increase equilibrium output in the short run.

b. An economist argues that if the HKSAR government spends HK$71 billion on goods and services instead of giving each Hong Kong resident a HK$10,000, the policy effect on output would be larger. Briefly discuss the economic rationale behind this economist’s argument.                                              

In: Economics

This is an old classic which I don't think ever got a clear answer. The Gribov-Froissart...

This is an old classic which I don't think ever got a clear answer. The Gribov-Froissart projection that gives the relativistic version of Regge trajectories treats even angular momentum differently from odd angular momentum. The trajectory functions in general are separate for even and odd angular momentum.

But in QCD, the odd trajectories interpolate the even trajectories in every case--- the two trajectories are degenerate. Is there a way of understanding why the even-odd trajectories are degenerate? Is is a symmetry argument? Can you find a natural system where they are not degenerate?

A quick google search revealed this reference, which doesn't answer the question, but gives an experimental signature for the degeneracy: http://www.slac.stanford.edu/cgi-wrap/getdoc/slac-pub-0576.pdf , There is probably excellent data by now on this.

In: Physics

Explain the links between quality and productivity and quality and cost

Explain the links between quality and productivity and quality and cost

In: Math

In perfectly competitive market, we sum horizontally individual firms’ marginal cost curves and use it as...

In perfectly competitive market, we sum horizontally individual firms’ marginal cost curves and use it as an approximation of the market supply curve. Give justifications for this method.

In: Economics

Why does the aggregate supply have 3 regions? What type of economy would you see if...

Why does the aggregate supply have 3 regions? What type of economy would you see if equilibrium occurred in each of these given regions (is it a healthy economy? If not what are some of the problems)?

In: Economics

Chapter 6 Government Actions in Markets 5) What happens to the quantity of labor supplied, the...

Chapter 6 Government Actions in Markets

5) What happens to the quantity of labor supplied, the quantity of labor demanded, and the number of unemployed workers if the minimum wage rate set above the equilibrium wage is increased still higher?


6) Discuss the inefficiencies created by a price floor.


7) Compare and contrast a price ceiling and a price floor.


8) How does a production quota influence farm prices and output?

In: Economics