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In order to determine the population proportion of Pizza restaurants that offer a salad bar, a random sample of 1250 of these restaurants was selected from across the U.S.If 997 of the sampled restaurants offered a salad bar, construct and explain a 95% confidence interval estimate of the proportion of all Pizza restaurants in the U.S. with a salad bar.
Assume that nominal interest rate on 3-month Treasury bills is 8 percent in the United States and 6 percent in the U.K., and the rate of inflation is 10% in the United States and 4% in the U.K.
Comparative statement information for Douglas Corporation and Maulder Corporation, two competitors, appear below. All balance sheet data are as of December 31, 2009, and December 31, 2008.
Why is Avon so much more dependent on its foreign operations than on its home ( U.S.) operations and discuss socioeconomic and demographic changes that could affect Avon.
Imagine you are a manager at the DaimlerChrysler. Daimler Chrysler has lost money on Smart car since 1st model rolled off the assembly line in 1998.
While some politicians favor protectionist policies because they feel these policies protect domestic producers, others claim free trade increases economic activity and has advantages for the country as a whole. Describe a recent foreign purchase.
Explain and assess how international law has addressed matters of trade, human rights, and the environment. How have these efforts contributed to developing or retarding the construction of global civil society?
1. why a change in the real exchange rate changes a country's net exports. 2. why trade deficits tend to move to zero over time. 3. how foreign prices affect domestic prices. 4. the determination of the real exchange rate.
An examination of Ricardian model of comparative advantage yields clear result that trade is profitable for each of two trading partners since it permits for an expanded consumption choice for each.
Provide three arguments for trade restrictions. Since economists do not trade restrictions, make the case as an economist against trade restrictions for these three items.
Determine what role did the rules of many governments play in influencing the international expansion strategies of both McDonald's and Wal-Mart and differentiate McDonald's strategies in China with those of Wal-Mart in Mexico?
Explain at least three important distributional challenges associated with global climate change policy also describe four of the advantages of global price approaches to climate change advocated by Nordhaus.
You have the following data concerning the production of wheat and cloth in the U.S. and the U.K.:
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