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Compare and contrast free and fair trade. After reading the case study “Fair Trade Coffee: The Mainstream Debate,” answer the following questions:
What are the similarities and differences in free versus fair trade arrangements? How are these reflected in the actual prices of coffee?
Are fair trade principles both an effective and economically efficient trading mechanism?
Is fair trade coffee sustainable for the mass market, or is it a niche product for the socially conscious and well off?
How does the Ignatian value of “cura personalis” or "care for the person" relate to the debate about free vs. fair trade? (Recall that “cura personalis” implies having concern and care for the personal development of the whole person. This implies a dedication to promoting human dignity and care for the mind, body and spirit of the person.)
Based on all the information in the course, synthesize and propose a sustainable solution to the problem of low prices for coffee producers.
If nominal GDP in some year is $280 and real GDP is $160. The GDP price index for that year is.
From the supply and demand schedules, from Belgium what are the equilibrium price also quantity of cocoa beans.
A country has national saving of $80 billion, government expenditures of $40 billion, domestic investment of $60 billion, and net capital outflow of $20 billion. What is its demand for loanable funds?
Which of the following is not a motive for holding money in? Keynes's liquidity preference? theory?
Assessing the development of the discipline from today's perspective, how would Keynes's impact compare with that of your candidate.
In the context of share holder maximization model of a firm, what is the expected impact of each of the event on the value of the firm?
Can you think of any reasons why? How would you describe the market structure of the world coffee market: is it competitive or not? Present your arguments.
Lucky Midas is a risk-averse gold prospector who has struck it rich. He has $W worth of gold— his only wealth—safely stashed away on his claim in the Yukon. He wants to get his gold from his claim to the big city where he hopes to spend it. His frien..
Cher's marginal rate of substitution of earrings (E) for necklaces (N) is 5 (MRSEN = 5). This information implies that:
A stock is expected to pay a dividend of $2.50 per share indefinitely. The stock is expected to generate a return of 8 percent in the foreseeable future. Based on this information, Compute a fair price of this stock.
Illustrate how much consumer surplus does he receive. What is the highest price you can charge for the "all you can eat" special and still attract customers.
Illustrate what kind of gap-inflationary or recessionary-will the economy face after the shock, and what type of fiscal policies, giving specific examples, would help move the economy back to potential output.
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