How are paired samples different than un-paired samples? What is
the consequence of using a “paired” model for “unpaired” data – and
vice versa. Give examples of each situation.
A.
What does the product cycle model postulate? What are the various
stages in a product life cycle?
B. Explain why the Heckscher- Ohlin theory is a general
equilibrium model?
How does the passing and subsequent repeal of the Corn Laws
demonstrate the shift in power in Great Britain from the
agricultural interests to the industrial interests in the early
19th century?