The safest method of picking up the right hind foot of a hor…

The safest method of picking up the right hind foot of a horse is to stand alongside the horse facing its rear, bend over and slide your right hand down the back of the leg to the pastern.  You then pick up the leg and grasp the hoof with your left hand. Hold the hoof with your left hand and examine or clean the bottom of the hoof with your right hand while holding the hoof cupped in your left hand.

Note: Same information for questions 5-19, except where note…

Note: Same information for questions 5-19, except where noted. The world is composed of two countries, Country A and Country B. They use labor to produce two goods, Coats and Umbrellas. All of the assumptions of the Ricardian Model hold. The following table shows the unit labor inputs to make each good in each country. One unit of labor is one hour of labor. Country A has 6000 units of labor and country B has 10000 units of labor. The two countries are engaged in free and costless trade and both countries gain with trade, except as noted.     Country A Country B Coats       1      3 Umbrellas       4      24   Use the following information to answer questions 14-15 only. Assume that country B has comparative advantage in Coats only and absolute advantage in Umbrellas only. Also suppose that the countries fully specialize in the production of one good, and that the world price of umbrellas is PU=120. (Note: Having separate information is to your advantage, as it decouples the answer here from other answers that you may have gotten wrong. However, don’t use this information to answer any other questions, as the information here is not necessarily correct for other questions!) Enter the wage in Country B, or enter 0 if there is not enough information to answer the question.

Note: Same information for questions 1-4. Two countries, A a…

Note: Same information for questions 1-4. Two countries, A and B, share a border. Country A has five states: A0, A1, A2, A3, and A4. Country B has four states B1, B2, B3, and B4. The states were numbered in such a way that: Equally numbered states have the same GDP (GDP of state A1 = GDP of state B1, etc.). The distance between A0 and equally numbered states is about the same (the distance between A0 and A1 is about the same as the distance between A0 and B1, etc.). The following table shows distance in miles and total trade in millions of dollars, between A0 and the different states of each country. Use the gravity model to answer this question:  Tradeij= A (GDPi GDPj) / Distanceij, where Tradeij is the trade volume between states i and j, A is a constant, GDPi is the GDP of state i, and Distanceij is the distance between state i and state j.   Country A States Distance between Country A States and state A0 Trade between Country A States and state A0 Country B States Distance between Country B States and state A0 Trade between Country B States and state A0 A1 350 1388 B1 345 678 A2 350 1022 B2 345 481 A3 700   B3 673   A4 1567 544 B4 1593 233   Choose the right combination of statements to answer questions 3 and 4: I. The larger an economy is, the more goods it has to export, and the more income it has to import goods. II. The larger the distance between two economies, the higher the trade costs between them. III. A border between two economies may introduce additional trade costs.   Which combination of the statements above might help in explaining that that trade between A0 and B2 is much smaller than trade between A0 and B1?