September 11th, 2023

ECO203 International Economics assignment, SUSS, Singapore. Consider a simplified and hypothetical example of two countries – Singapore and Malaysia – trading in two goods

Question 1 Consider a simplified and hypothetical example of two countries – Singapore and Malaysia – trading in two goods – electronics (E) and food…

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October 1st, 2022

2ECO203e International Economics Assignment, SUSS, Singapore The USA imports 380,000 units of cellphones from China, and locally the USA produces 120,000 units

SECTION A Question 1 The USA imports 380,000 units of cellphones from China, and locally the USA produces 120,000 units. The world price for cell…