Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Question 1
a) Discuss the advantages and disadvantages of free international trade.
b) Assume that two countries are competitors in the international trade markets. The two governments are thinking about whether it is profitable to adopt a free trade policy or not. The entries in the table below show (in millions of pounds) the gains of each policy. Find the Nash equilibrium. Explain how you reach your conclusion.
Country A
Free Trade Policy
Impose Restrictions
Country B
60,60
20,70
70,20
30,30
(c) Modify your answer when the table of gains are changed as:
Imposing Restrictions
70,80
70,70
80,60
Question 2
a) Imagine that you are Minister of Finance in a country which is in the middle of a recession. Discuss the economic policies that you can implement to improve the economy and the consequences of such policies if you identify yourself as: (i) Keynesian, giving emphasis in the demand-side of the economy.(ii) Monetarist.(iii) (An economist giving emphasis only to the supply side of the economy.
b) Explain why, under fixed exchange rates, monetary policy is not effective.
It has been estimated through the United State International Trade Commission that the Japanese automobile import restrictions during the 1980s
Suppose you are a fixed income fund manager based in euroland. Expected return of the EUR bond market is 4.4 percent and risk 5 percent, expected hedged return of the United Kingdom bond market 5.5% and risk 5.5 percent.
Describe how the following events would effect market for South Africa's currency, the rand, suppose a floating exchange rate.
You realize that there is a link between market strategy and organizational structure so it is time to do more research! See at 3-very different global firms, estimate their organizational structure
n the flexible exchange rate system, discuss the effects of the following events on the exchange rate between U.S. dollar and Japanese Yen: Please indicate whether US$ will appreciate or depreciate.
Assume you hear a commentator on radio state that when interest rates fall, the stock market (the Dow Jones average say) tends to rise.
My book does not explain well the formula for a Decreasing Geometric Gradient. For example: if I have an initial cost of 4 million and a yearly decreasing cost of 25 percent a year through year five, determine the equivalent PV and Annual Cost?
According to your reading, which market structure is more applicable for the market for building commercial aircrafts, when there are two major manufacturers of the commercial airplanes and little possibility of entry by new companies:
Decko Corporation is a United State firm with a Chinese subsidiary that produces cell phones in China and sells them in Japan. This subsidiary pays its wages and its rent in Chinese yuan,
The following table explaines the production possibilities of 2-cities in the nation of Boston, determine the price of white socks in terms of red socks in Boston?
Its the spring of 2002. You are an economist on President Bush's council of economic advisors. Congress is considering legislation, called the "2002 Farm Bill," that would increase subsidies to US farmers.
Other than economies of scale, what would you think to be fence to entry into a market? Are these fence the similar for all market structures and Describe three oligopoly pricing models
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd