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Suppose that Home has 2,400 workers, but they are only half as productive in both industries as we have been assuming. Construct the world relative supply curve and determine the equilibrium relative price. How do the gains from trade compare with those in the case described in problem 4?
The participation of women in the U.S. labor force has risen dramatically since 1970. How do you think this rise affected GDP Imagine a measure of well-being that includes time spent working in the home and taking leisure.
Discussion, do a little research on Globalization. Then post a few paragraphs on what globalization means to you. How do you see it as a factor of business? Of the economy? Of technology
The economy includes both a public (government) and a private (consumers and businesses) sector -
Analyze the economy of at least two countries (not the U.S.) - complete a one page response to the questions.
Describe both foreign income and repatriation of earnings using 3-examples that any worker can understand.
Explain the concept of comparative advantage and the principle theories of why trade occurs and analyze and discuss the sources of comparative advantage in national economies.
Your paper is a research paper, ten pages or longer (excluding cover page and references), double spaced with 12 point Times New Roman font to be consistent with APA format - Develop content and ideas fully.
The demand curve in these markets is almost perfectly elastic. Those sectors that are exposed to global competition usually referred to as the "tradeables" sector, while sectors that are not as vulnerable to external competition.
Why might you expect to see flat royalty payments in home based franchises but reveneue based royalities in franchises that operate from commerical building?
City of New York was building a new civic center and had a deadline to get a hugh event. They had a contractor doing the work with 60 days to finish. The city's police union was in negotiations with the city and the union wasn't happy with the pro..
Land ownership systems initially were indifferent not allowing Non Thais to purchase land in the country unless such land is on the government approved industrial estates
Describe the trade flow pattern of the country of your choice with US and China. Was there an increase or a decrease in trade flow? (Optional: graph the trade flows over time).
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