Question 1

The simple Kremer (1993) model suggests that economic integration and increases in population will cause:

Accepted Answer

A)  diminishing returns to labor. 
B)  economic stagnation. 
C)  technological progress to quicken. 
D)  economic growth to slow. 
A)  diminishing returns to labor. 
B)  economic stagnation. 
C)  technological progress to quicken. 
D)  economic growth to slow.

Question 2

The combinatoric process of knowledge creation is likely to be:

Accepted Answer

A)  more powerful in a closed economy where innovators are protected than in an open economy. 
B)  less powerful in a closed economy where innovators are protected than in an open economy. 
C)  unrelated to whether an economy is open or closed to trade. 
D)  positively related to an economy's openness only in very poor economies. 
A)  more powerful in a closed economy where innovators are protected than in an open economy. 
B)  less powerful in a closed economy where innovators are protected than in an open economy. 
C)  unrelated to whether an economy is open or closed to trade. 
D)  positively related to an economy's openness only in very poor economies.

Question 3

The dynamic case for free trade rests on:

Accepted Answer

A)  the strong empirical evidence that points to a clear positive relationship between international trade and economic growth. 
B)  the standard growth models that also point to a positive effect of international trade as a positive influence on investment, output, and the creation of technology. 
C)  the restrictive conditions that must be met for protection to be growth-superior to free trade. 
D)  All of the above. 
E)  None of the above. 
A)  the strong empirical evidence that points to a clear positive relationship between international trade and economic growth. 
B)  the standard growth models that also point to a positive effect of international trade as a positive influence on investment, output, and the creation of technology. 
C)  the restrictive conditions that must be met for protection to be growth-superior to free trade. 
D)  All of the above. 
E)  None of the above.

The simple Kremer (1993) model suggests that economic integration and increases in population will cause:

The combinatoric process of knowledge creation is likely to be:

The dynamic case for free trade rests on:

The Welfare Gains From Trade

Trade and Growth: the Empirical Evidence

International Trade and Factor Accumulation

Overcoming Diminishing Returns: Technology As an Externality

Technological Progress As Creative Destruction

Multi-Sector Models and International Trade

International Trade and Technology Transfers

Restating the Case for Free Trade

Filters

Exam 6: International Trade and Technological Progress

The simple Kremer (1993) model suggests that economic integration and increases in population will cause:

The combinatoric process of knowledge creation is likely to be:

The dynamic case for free trade rests on:

The Welfare Gains From Trade

Trade and Growth: the Empirical Evidence

International Trade and Factor Accumulation

Overcoming Diminishing Returns: Technology As an Externality

Technological Progress As Creative Destruction

Multi-Sector Models and International Trade

International Trade and Technology Transfers

Restating the Case for Free Trade

Filters