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Draw a graph of the U.S. automobile market in which the domestic equilibrium price without trade is Pd and the equilibrium quantity is Q d. Use this graph to illustrate and explain the effects of a tariff if the United States were an auto importer with free trade. Then use the graph to illustrate and explain the effects of a quota.
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?
Assume that in England five man hours of labor are needed to make each cask of wine and five man-hours are needed to produce each bolt of cloth,
Country A is on the PPF. It decides to run a budget deficit of 100 billion. Both its potential and actual GDP is 800 billion. What will happen if country A decides to run this deficit? And why? Give a full explanation for this expected result.
How did the competitive environment confronting Black & Decker change during the 1980's and 1990's? What changes did Black & Decker make in its strategy and structure to compete more effectively in this new environment?
The Microsoft trial has been one of biggest investigations of antitrust behavior since turn of the century. Supporting the governments side research and present a cohesive argument to the other side.
A Company issues $1,000,000 of commercial paper with a maturity of 60 days and a discount rate of 5%. The paper is sold through a dealer who charges 0.25 percent.
Calculate Jill's economic profit and what makes economic profit different from accounting profit and find the profit- maximizing price and quantity in each market.
Briefly discuss the advantages or disadvantages of buying imports versus buying domestic products in relation to the fashion industry.
Describe unequivocally why the foundation of trade has nothing to do with absolute advantage and only law of comparative advantage is relevant.
In the United States and Western Europe, farmers are strong enough politically to persuade their governments to set price floors for many crops. In many less-developed countries, governments that are worried about the standard of living of their u..
The consumption function is given by C = 200 + 0.75(Y - T ). The investment function is I = 200 - 25r, r is the real interest rate. Government buy and taxes are both 100.
Compute the ex-post optimal monetary policy and the consequences for nominal exchange rate. Explain your results
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