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Suppose that the Home country in the two-sector (manufacturing and agriculture) specific-factors model has a comparative advantage in manufactured output. Which statement below best describes changes in returns on capital and land after trade occurs? A. The return on capital and land will both fall. B. The return on capital will rise and the return on land will fall. c. The return on capital and land will both rise. C. The return on capital will fall and the return on land will rise.
Frequently result from radioactive transportation accidents due to the large number of such shipments
Success of a company investing and operating in a foreign country depends on the competitive advantage of the company. The entry strategy could be technology based, quality based, or cost based. Explain and comment.
Imperfect competition is the norm, so healthcare markets cannot work. Analyze this comment and explain your answer. The existence of market failure does not signal what should be done in response.
The average consumer income is $20,000, and the price of the related good is $1.10. Compute the predicted quantity demanded of X at these prices and income.
Suppose that there is a TEMPORARY INCREASE IN THE DEMAND FOR IMPORTS that exogenous (due to changes in tastes, not due to changes in the real exchange rate or disposable income) Using AA-DD diagram for a floating exchange rate system, show what happe..
Compute the range of demand for which each location has a cost advantage. Which plant location is best if demand is 30,000 units?
A series of equal semiannual cash flows starts with the first cash flow occurring on January 1,1991and ends with the last cash flow occurring on January 1,2008. Each cash flow is equal to $128,000. The nominal interest rate is 12% and compounding is ..
Which of the following would cause a movement along the supply curve Ithat it is a change in the quantity supplied) for peanut butter? Check all that apply. Which of the following would cause a shift of the supply curve for peanut butter? Check all t..
Business firm that holds a global monopoly on a particular product but is currently selling the product only in its domestic market where its profits are substantial.
There is a trade off between unemployment and inflation when the aggregate Supply curve is upward sloping. SC Is downward sloping. SC is vertical. Demand curve is downward sloping
Select a project from IBM’s recent academic collaborations. Describe in a paragraph what this project is. Go back to the IBM front page, find “Investor Relations” at the bottom of the page. Go to IBM’s most recent annual report. How much did IBM spen..
The market for soda has supply and demand curves given by, What is the equilibrium price and quantity for sodas? Returning to question 1, suppose the government put a tax on soda of $0.50 per can to be paid by consumers. Graph the before and after ta..
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