Exam (elaborations)
ECS3702 INTERNATIONAL TRADE
- Course
- Institution
ECS3702 INTERNATIONAL TRADE 2022
[Show more]
Seller
Follow
tivaalois
Content preview
ECS3702INTERNATIONAL TRADE
100 Marks
STUDENT NUMBER / STUDENTENOMMER
This paper consists of 29 pages, including this cover page and the invigilator app page.
CONFIDENTIAL
Instructions:
Submit your answers as a single document in PDF format. After completion of the exam paper,
submit your answers in one single PDF document using the eAssessment tool on myExams portal.
(https://myexams.unisa.ac.za/portal).
It is preferable for you to type your answers (Font: Arial 12) and then convert your document to PDF
format for submission. However, if this is not possible, you may also write your answers down and
scan them into a PDF file format. Please write legibly.
Start with a cover page stating the module code (ECS3702) and your student number. This should
be followed by your answers to the questions. Note that all four questions are compulsory. There
are no elective questions.
Make sure that each question or sub question is clearly numbered.
Do NOT reproduce diagrams from the textbook. No marks will be awarded in this case
While you are not required to cite your sources, this does not mean that you can simply copy
information from any source. You need to answer the questions in your own words. Plagiarism will
not be tolerated and may result in disciplinary action if detected.
Ensure that you type “I agree” for the declaration of honesty before you submit your answer script.
Please ensure that your PDF document is NOT encrypted to a “secured” mode and that it is NOT
password protected as such files cannot be marked. Virus infected files will also not be marked.
, Page 2 of 29 ECS3702
INSTRUCTIONS ON THE DAY OF ASSESSMENT:
• Please log into The Invigilator App. You need to be connected to the internet in order to log in and scan the QR code.
• Scan the QR code above once the examination formally commences. If you encounter difficulty with scanning of
the QR code, you can also enter the QR access code at the bottom of the QR code in order to start the assessment.
• Once the QR code is scanned, you can place your smartphone next to you. The Invigilator App will notify you when
an action is required. Ensure your media volume Is turned up.
• You may access your MyExams in the application if you only have one device by pressing the ‘access LMS’ button.
• Please remember to keep your smartphone on charge for the duration of the assessment.
• Keep the Invigilator app open on your cell phone during the assessment. You are not allowed to leave minimise
or
the application.
• When an action is required, a notification beep will be heard. Action the request.
• Please ensure you are connected to the internet in order to commence the examination as well as at the end of the
examination. No internet connection is needed during the assessment.
• It is important to first upload your script to the MyExams. Uploading of app data is not time sensitive and you can do
it after you have uploaded your script to the MyExams.
• It is important to note that you must adhere to the time limit in your MyExams assessment as the invigilation
time in the app could exceed the time allocated to complete your assessment.
• You can click the "Finish Assessment" button in the app if you finish early.
• Should you encounter any technical difficulty, please WhatsApp The Invigilator Helpdesk on 073 505 8273.
Good Luck!
, Page 3 of 29 ECS3702
CONFIDENTIAL Jan/Feb 2022
QUESTION 1 [25 marks]
Use the hypothetical information in the table below to answer the questions that follow
Output Angola Uganda
Sugar (ton/hr) 6 2
Tea (ton/hr) 5 3
(i) Identify and explain the product of absolute advantage and disadvantage for both Angola and
Uganda. [4 marks]
(ii) From your answer in (i) above, explain whether trade is possible and the pattern of trade
according to the theory of absolute advantage. [4 marks]
(iii) Indicate the commodity of each nation’s comparative advantage and disadvantage. No marks will
be awarded if you do not show your workings. [6 marks]
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through EFT, credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying this summary from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller tivaalois. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy this summary for R127,89. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
76800 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy summaries for 14 years now