International Trade (ECS3702)

ECS3702 EXAM PACK 2024/2025 QUESTIONS WITH COMPLETE ANSWERS, COMPILED FROM RECENT PAST EXAM PAPERS. PERFECT FOR EXAM PREPARATION.

ECS3702 Assignment 2 (DETAILED ANSWERS) Semester 2 2024 - DISTINCTION GUARANTEED - DISTINCTION GUARANTEED - DISTINCTION GUARANTEED Answers, guidelines, workings and references ... Question 1A Use the hypothetical information in the table below to answer the questions that follow: Output/hr Unos Tres Cellphones (ton/hr) 18 6 Candles (ton/hr) 6 8 (i) Identify the product of absolute advantage and disadvantage for both Unos and Tres. Explain your answer. [4 marks] (ii) From your answer...

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Well-structured ECS3702 Assignment 2 (ANSWERS) Semester 2 2024 - DISTINCTION GUARANTEED. (DETAILED ANSWERS - DISTINCTION GUARANTEED!)..Question 1A Use the hypothetical information in the table below to answer the questions that follow: Output/hr Unos Tres Cellphones (ton/hr) 18 6 Candles (ton/hr) 6 8 (i) Identify the product of absolute advantage and disadvantage for both Unos and Tres. Explain your answer. [4 marks] (ii) From your answer in (i) above, explain whether trade is possi...

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International Trade ECS3702 Assignment 02 Solutions , due 06 September 2024. Distinction guaranteed

ECS3702 Assignment 02 detailed Written answers, Semester 1, 2024

ECS3702 ASSIGNMENT 2 SEM 1 2024

QUESTION 1 [10 marks] In your own words, briefly explain the importance of international trade. [10 marks]. NB: You must provide a well thought out response. You are not allowed to use any external sources.