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1) Although China's economic success of late is primarily a result of numerous reforms designed to transform its economy to accommodate capitalist institutions such as markets and profit, China still maintains its political structure as a communist state. How has China managed to reconcile communism with capitalism? Cite specific examples. Explain any problems or challenges China has encountered. Be specific.
2) Discuss the process of economic integration (also known as globalization) as it takes place in Asia today. Explain the important aspects of successful globalization in Asia and discuss the U.S. role in Asian economic development.
3) The Asian Newly Industrialized Countries (NICs) of South Korea, Taiwan, Hong Kong and Singapore adopted important elements of the Japanese Institutional Model. What were these policies or strategies? How did the implementation and outcomes of these borrowed strategies differ in the various NICs?
4) Underdevelopment and poverty are still some of the most serious and challenging human problems today. Studying development models such as those of the APR impart valuable lessons and examples for developing countries to consider when putting together their own development models. What factors do policymakers in developing countries need to considers when borrowing economic policies and strategies from successful development models such as those of Japan and other APR countries? Explain.
5) "Traditional economic theory suggests that a high degree of governmental interference in making choices for the private sector is doomed to failure." In light of the preceding statement, explain the success of government intervention in East Asia. Discuss the factors and conditions that contributed to the success of interventionist strategies in these economies.
1. If a patent owners are compensated with monopoly profits from transfered consumer surplus, consumers will be compensated by greater product variety and technological innovation, while the alternative is lower prices, fewer new products, and muc..
Please help with my Assignment regarding with the python programming through the game which contain 4 players having different look up. Design the clothes and make a full game with emulators.
Now the industry is confronted with government regulations to oversee the merger. Analyze how the different forces will come together to create a convergence between the interests of stockholders and managers indicating the most likely impact to p..
Assume that a firm has Cobb-Douglas Production function of the form q = (3LK). Thus her marginal productivity of labor is 3K and the marginal productivity of capital is 3L. Further assume that Sarah has costs such that C = wL + rK where C is som..
Do you think the minimum wage law is an economically efficient means of reducing household poverty? Why or why not?
What is aggregated supply and aggregate demand mean?
Illustrate how the banks create money with the help of given information and calculate the total money creation in the economy with the help of formula.
Use the concept of opportunity cost to explain the following situations: 1) More people choose to get graduate degrees when the job market is poor.
Identify all of the Executive Branch departments, agencies, etc., that have a role regarding the nation's nuclear weapons and what each of their roles is.
Assume that the government of a nation rations the crude oil available to car owners each month which reduces the overall demand for petroleum. However, the nation continues to import oil from the world market.
Draw a possible game tree representing the interaction between a typical producer selected at random and a distributor in the industry.
Illustrate the following situation by using supply and demand curve. a. The federal government "supports" the price of wheat by paying farmers not to plant wheat on some of their land. What will happen to the equilibrium price and the equilibrium ..
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