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Question1. Dicuss and describe the factors that determine who actually bears the burden of a tax increase on a specific goods, such as gasoline, cigarettes, or some other product. Use at least two examples in your response. Is the incidence of the tax a consideration when government imposes this tax increase? Why or why not?
Question2. Trade restrictions have a significant impact upon international trade. Identify and discuss at least two arguments that support trade restrictions and two against trade restrictions. Use at least one example for each argument. Which arguments do you agree with and why?
Name the 5-stages in the purchaser decision process and briefly describe the online and offline marketing activities used to influence each.
Assume that the country A has only three categories of traded goods and that A's imports and exports of the three goods are as follows:
Ross Perot added his memorable "insight" to the debate over the North American Free Trade Agreement when he warned that passage of NAFTA would make a "giant sucking sound" as United State employers shipped jobs to Mexico,
Corporation A, a low rated company, desires a fixed-rate, long term loan. A currently has access to floating interest rate amount at a margin of 1.5 percent over LIBOR.
Determine the policies that Keynes and Hayek advocated regarding how federal government should manage the economy. Discuss the major differences between each school of thought?
Many people say yes that government's role in free market economy should be limited, the degree of appropriate government involvement is contested.
4 Companies located at different points on a river dump many quantities of effluent into it. The effluent adversely effects quality of swimming for homeowners who live downstream.
In one day, Canada can manufacture either 200 tonnes of wheat or ninety tonnes of copper ingots. In one day, Chile can manufacture either 120 tonnes of wheat or 175 tonnes of copper ingots.
Ms. Smith longs 1 XYZ Feb. 40 Call @ 3 and hold it it to expiration. Suppose no transaction costs, Examine this investment in terms of possible profit or loss. Make a payoff diagram.
Determine the disadvantages of forming corporate joint ventures between multinational corporations in the home and host country? Describe the theory of optimum currency areas, for example, the European economic community.
Suppose the following data, and answer the question below. China and England are international trade partners. The following information are expected payoffs for the two countries.
Suppose that with a given unit of labour, India can manufacture 40 basketball hoops or 60 basketballs and Nepal can manufacture 10 basketball hoops or 30 basketballs.
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