User:Jukeboksi/BBA studies/Economics: Difference between revisions

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== Home exam ==

#) Explain why neighboring countries tend to trade extensively with each other.

#) Explain why neighboring countries tend to [[w:trade|trade]] extensively with each other.

#) Compare ~~Ricardo’s~~ comparative advantage theory and Heckscher-Ohlin endowment model as explanations for international trade.

#) ~~Vernon’s~~ product ~~life cycle~~ theory explaining ~~exports~~.

#) [[w:Vernon L. Smith|Vernon]]’s [[w:product lifecycle|product lifecycle]] theory explaining [[w:export|export]]s.

#) External economies of scale explaining intraindustry trade.

#) External [[w:economies of scale|economies of scale]] explaining intraindustry trade.

#) What are the welfare effects of ~~tariffs~~?

#) What are the [[w:welfare|welfare]] effects of [[w:tariff]]s?

#) What are various forms of trade ~~barriers~~?

#) What are various forms of [[w:trade barrier|trade barrier]]s?

#) Arguments for protection.

#) Arguments for [[w:protectionism|protection]](ism).

#) Compare predatory dumping and international price discrimination.

#) Compare predatory dumping and international [[w:price discrimination|price discrimination]].

#) Preferential trade arrangements.

#) Why there is foreign-exchange risk?

#) Why there is [[w:foreign exchange risk|foreign exchange risk]]?

#) How is private saving related to the current account?

#) How is private [[w:saving|saving]] related to the [[w:current account|current account]]?

#) Compare spot rates, forward rates and ~~swaps~~.

#) Compare [[w:spot rate|spot rate]]s, [[w:forward rates|forward rates]] and [[w:Swap (finance)|swap]]s.

#) Explain how a call (foreign-currency) option is useful in international trade.

#) Explain how a [[w:call option|call (foreign-currency) option]] is useful in international trade.

#) Explain how a put (foreign-currency) option is useful in international trade.

#) Explain how a [[w:put option|put (foreign-currency) option]] is useful in international trade.

#) Purchasing power parity and interest parity explaining exchange forward exchange ~~rates~~.

#) [[w:Purchasing power parity|Purchasing power parity]] and [[w:interest rate parity|interest parity]] explaining [[w:exchange|exchange]] [[w:forward exchange rate|forward exchange rate]]s.

#) What are the three concepts of exchange rate exposure?

#) What are the three concepts of [[w:exchange rate|exchange rate]] exposure?

#) What are the causes of currency crises?

#) What are the causes of [[w:currency crisis|currency crises]]?

#) What is the Marshall-Lerner condition?

#) What is the [[w:Marshall-Lerner condition|Marshall-Lerner condition]]?

#) Different approaches to the balance of payments.

#) Different approaches to the [[w:balance of payments|balance of payments]].

#) The monetary approach explaining exchange rates.

#) The [[w:monetarism|monetary]] approach explaining exchange rates.

= Finance =