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I’m studying and need help with a Economics question to help me learn.Question 1 Explain the concepts of “Free on Board” (FOB) and “Cost Insurance Freight” (CIF) shipping quotations. Describe which price components are included in FOB and CIF quotations. Afterwards, use a concrete example to explain how information on FOB and CIF quotations can ….  Read More

I’m studying and need help with a Economics question to help me learn.Question 4 Research has shown that most of the world’s FDI is flowing from rich countries to other rich countries and not from rich countries to poor countries. Is this patterns consistent with the theory of international capital flows and the theoretical assumption ….  Read More

Can you help me understand this Economics question?Question 2Consider the following information about a country’s international transactions during the year 2020:TransactionValueMerchandise exports2,740Merchandise imports2,380Income received from foreigners850Income paid to foreigners1,160Unilateral transfers?Foreign direct investment, outward2,800Foreign direct investment, inward3,100Foreign portfolio investment, outward590Compute the value of the country’s financial account. Assuming that the official reserves account of the country ….  Read More