Muslima, Ruslan, Samandar, Khadicha -> 4 ppl can be -> MUTUAL FUNDS
10, 10, 10, 10 $ -> $40


30, 30, 30, 30 $ -> $120

Less Risky

Muslima -> STOCKS

Highly Risky

No questions so far?

Uzb -> Artel

Inward looking -> own infant industries

Outward looking -> international -> ECO Degr

Cap-and-trade = Trade of pollution credits

Iphone:

Product upgrading =

Functional upgrading Iphone 17 -> Iphone 20

Process upgrading. - improving tech. 10-> 20units


Intersectoral upgrading -> only iphones -> laptops

MCQ all clear???

Break time = 5 minutes

MOVING TO SECTION B!

88

Step 1:

Uzbek Tajik -> equal time allocation (BEFORE TRADE)

Uzbek Tajik -> NEW time allocation

PROBLEM 1 (trading)

CLEAR?

Before CU Mongolia was purchasing from China at free trade price of $20, not at $40, which is + tariffs. Then formation of CU with Korea led to trade with Korea, replacing China’s efficient production with Korean $30

No questions?

Did you get it?