Author: Anonymous

The Y-axis in most applications is positive in which direction?

Information for questions 10-12 The world is made of three countries, A, B, and C. There are no transportation costs among these countries, just (possibly) tariffs. Countries A and B are considering forming a Regional Trade Agreement (RTA). If they do so, then they will have no tariffs against each other’s goods, but will keep their tariffs against country C’s goods. The following table lists the costs of production per unit of steel in the three countries, and also the tariffs that A imposes on steel from country B and C before the RTA is formed.   Cost of production ($/unit of steel produced) A’s tariff ($/unit of steel imported) Country A 21   Country B 15 5 Country C 11 5 This example features

Information for questions 13-19 There are two countries, Home and Foreign. Labor is the only factor of production. There are two goods, X and Y. The following table shows the output of each good per hour of labor, in the two countries. Home Foreign Good X 10 8 Good Y 5 2 We have seen in class that if two countries trade with each other, total world production and consumption of at least one of the goods (and most likely of both goods) goes up, relative to the sum of the autarky values. Which best expresses the reason for that increase?

In our programs, what function can we use to create new transformations frames?

The release of hormones is controlled by all of the following except

 What types of genes is the DEG database about? Hint: be mindful of the database description. Several databases may share the same acronym.

If a dancer performs a tendu and their weight goes out towards the leg which is in tendu, instead of staying over the supporting leg, this may indicate a weakness of which BF pattern? 

Information for questions 20-24 The figure below depicts the production possibilities curve (PPC) of a country. It also depicts the consumption possibilities curve (CPC) when the country is engaged in trade with one other country. Point C is this country’s consumption when that trade occurs. Calculate the opportunity cost of production of good x in this country. Enter a whole or decimal number, as appropriate. Enter 0 if the answer cannot be obtained with the information given. Since this is a graphical question, approximate answers (within 0.2 of the exact answer) are accepted.

A factor that does not affect the resistance of a conductor is the ___ of the conductor.

As a nation opens to trade (goes from autarky to free trade), the relative price of the good it exports will ____ and the relative price of the good it imports will ______ . (Hint: to fix ideas you may use the figure from the previous group of questions, and look at what happens to that country’s relative prices.)