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During 2007, the United States and Japan announced possible limits on Chinese imports through higher tariff rates on Chinese products. To avoid these limits, China would have to:
A. decrease the value of the yuan and increase its trade surplus
B. decrease the value of the yuan and decrease its trade surplus
C. increase the value of the yuan and increase its trade surplus
D. increase the value of the yuan and decrease its trade surplus
Explain how to get the producer surplus. What about the area that lies beneath the x-axis.
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Compare and contrast direct finance and indirect finance which is more likely to have a larger share of the total financial market in a mature economy and the young economy why.
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Consider a small economy in which consumers buy only two goods pies and tarts. In order to compute the consumer price index for this economy for two or more consecutive years.
What is the profit of each firm in equilibrium (problem 14)? REMEMBER THERE ARE NO COSTS
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