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- Explain the evolution of Industrial Policies since the 1980s.E Re D Completed 15 out of 20 Submit All Question 14 of 20 > The claim that international trade promotes sweatshop working conditions in developing nations is frequently refuted by economists based on evidence that O working conditions are not bad at all in developing countries. international trade has led the creation of an international governing body requiring all factories to meet minimum working condition standards. O these may be the only job opportunities people have; therefore, they are better off than without these jobs. wages in developing countries are now almost as high as in developed countries.Ghana and Cote d'Ivoire are the world’s leading exporters of cocoa, which are grownand harvested by a large labour force that includes many children. Assume Ghana andCote d'Ivoire now outlaws the use of child labour on cocoa farms and the law is properlyenforced. Using economic theory and with the aid of diagrams, analyze what wouldhappen to employment and wages in the cocoa farming industry. Use supply anddemand curves in your analysis.
- Identify probable reasons why the Philippine agrarian capabilities has not yet reached or even come close to being self-sufficient in terms of delivering agricultural commodities, despite the fact that most of the Philippine Presidents have created programs to assist this sector? Determine the importance of having a constitutional law and determine if the Philippines' current constitution needs to be changed or revised.Assume that President Trump develops an executive agreement with Russia this month, which will reduce taxes on imports from the country as way to promote cordial international business interests. This executive agreement is directly in conflict with a foreign tax treaty issued by Congress in May of last year. Assuming the president has the power to develop this agreement what is the likely outcome? The congressional treaty is discriminatory on its face and will be deemed unconstitutional O The President's order will supercede the congressional treaty O The President's order is in direct conflict with Congress' enumerated powers to tax and therefore will be struck down O The congressional treaty will be upheldlescription is incorrect ( ) A According to the overlapping demand theory, the intra-industry trade between countries with large income gap will be less. 0307 The theory of comparative advantage helps to explain the intra-industry trade between developed countries. The smaller the difference of factor endowments between two countries, the greater proportion of intra-industry trade should be.
- explain in detail: why economists are sceptical about industrial policies?Identify the intellectual revolutions that created paradigm shift. (100 words only)Please help me with this. Thank you so much. In the Build, Build, Build program of the Philippine government, describe how a manufacturing firm is affected.
- What actions and policies can be implemented by a policy advisor of national government in order to create a facilitating environment for MNCs and to increase the potential to gain technological knowledge? Why?Explain the difference between market capitalism, centrally planned capitalism, centrallyplanned socialism, and market socialism. Give an example of a country that illustrates eachtype of system. Marks-25How successful were reformers in conquering the negative effects of industrialization in the United States in the late nineteenth and early twentieth centuries?