Please send in your assignment by 5pm on March 27.
If you have already sent it, feel free to update by then if you like - so that you get the same amount of time.
Anonymous asked: Dear Prof. Koren, in part 4 of the assignment should we look only at reasons for the measures implemented by Country X or for the ones implemented by France as well. Thank you!
Please mention and discuss both sets of measures.
In this assignment, you will be working with trade policy data from globaltradealert.org. The assignment is due on Sunday, March 27, by 5pm (note that the deadline has been pushed back). Please send a single PDF file by email.
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Anonymous asked: Professor,
Are we going to have questions on exam about Specific Factors Model (there is nothing about this in the book)?
The SFM is useful to think about the empirical evidence on trade and poverty. We discussed it in Lecture 7. You will not need the Cobb-Douglas derivations, but should be familiar with the qualitative results.
Anonymous asked: Professor,
I have a question regarding Problem 2 part f - in solutions it is said that country should not impose a tariff because it is a small country. How we determined that this is a small country?
This is a fair question. Given that the graph does not show a change in the world price, you can assume it is a small country, make that assumption explicit and then later use it.
I have checked the lectures on e-learning.ceu.hu. There is no lecture missing, we spent Lectures 7 and 8 discussing the specific factors model and trade and poverty (one set of slides), while Lecture 10 was team presentations
Textbook:
Other required reading:
Anonymous asked: Dear Professor,
When you are going to provide solutions for sample exam questions?
We will spend the second half of Tuesday’s class talking through the questions. I will post the solutions on Tuesday.
Anonymous asked: Professor,
The second part of Chapter 6 (pp. 135-152) and the entire Chapter 7 do not appear on the list of readings. Could you confirm that these are not required?
Thank you.
True, dumping, external economies of scale and “International Factor Movements” are not required.
Anonymous asked: Dear Professor Koren, when replying to True/False questions on the exam should we include explanations in support to our answers? Could you please also post on e-learning the missing lecture slides (8-12)?
Thank you in advance!
The exam will be in class next Thursday, March 10. Assignment 3 will be due on March 20, team presentations are on March 29. More details on this to follow later.
Anonymous asked: Professor could you please provide us with sample of exam, time is very reduced. Could you please give us the solution as well for the sample, we will do on our own exercises and after check the solution , it will be more efficient preparation for exam , if we will not know solution we can just check it and not hope to find answer from someone.
I have just posted a set of sample questions. (Notice that there are more practice questions than you will have in the exam.) I did not post the solutions yet - you should try to solve it and discuss it in teams. We can then talk about the solutions on Tuesday.
