2001 hsc paper (1 Viewer)

[MMchen]

can anyone please helkp link me to the 2001 hsc eco solutions please
thanks..

 

[CraZiEeE]

I dont think there are any hsc economic solutions posted up in this forum (or at least that i know of)
well post specific questions and i'll see what i can do (well i got standard package and alot of revising to do)

hopefully either me...or someone else can answer your question

 

[MMchen]

lolz...ic..
ok cool thanks...
lets start with...

Question 21 (continued)
(c) Describe TWO economic effects that the protection of domestic industries has on global trade.

 

[CraZiEeE]

Protection has lef to reduced free trades in the global market, conflicing globalisaiton. This has led to inefficient industries globally. Thus, protection also restructs the goods and services made available to consumers
(band5/6 sample3)

Worsen allocation of resouces in an economy by maintaining resources in less efficient resources in less efficient industries, by protecting them. Eg TCF industries
Domestic industries lack efficiency and competitiveness because they are not fully exposed to foreing competition (due to protection)
(band5/6 sample2)

well..bbl dinner...hopefully sum1 else will answer for the next 40mins

 

[Exeter]

stifle global trade flows

and im a bit mind blank atm for another one

 

[Nick]

It stifles global trade flows, and can distort the efficient movements of trade, as cheaper developing nations cannot penetrate protected markets, such as in hte EU

 

[MMchen]

its cool take your time to enjoy ya meal.
and how about


idnetify two eco arguments to justify the provision of a subsidy...

plz

 

[Nick]

U should kno this stuff..

To prevent structural unemployment by increasing the market share of domestic industries.

to protect infant industries and allow them to build up market share and become competitive with larger foreign producers

 

[MMchen]

lolz..yeh..
but i needa make sure what i;m thinking is correct..
thanks buddi..

 

[CraZiEeE]

Q.idnetify two eco arguments to justify the provision of a subsidy...

A.
-protect infant industry (so they can start up ..yada yada)
-prevention of dumping
-protection of domestic employment

all should be self explained..more info? get from textbook...eahhae..
posting replies is getting annoying...damn...error thingos.....

 

[MMchen]

hehhe...
cool..thanks alot craziee..
i'll repay u one day....

 

[MMchen]

Outline TWO reasons that could explain inequality of income within a nation.

anyone know/??>>
lolx

 

[CraZiEeE]

discuss 2 factors contributing to inequality of income:
*welfare dependence
*poverty trap
*incidence of unemployment
*dispersion of earning from market income

heahae...this was in the independant trial 2003,
and i swore seeing replies on this question sumwhere in the forum

 

[CraZiEeE]

FOUND IT
http://www.boredofstudies.org/community/showthread.php?s=&threadid=18685&highlight=income

well...this was where they discussed the answer in more details
=]