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The large trade deficit that the U.S. has with China persists in part because: the U.S. economy has grown slowly in recent years. China has fixed its exchange rate and not allowed the yuan to appreciate relative to the U.S. dollar. China has experienced rapid economic growth over the past decade. China has recently imposed or increased tariffs on most goods imported from the U.S.
List 3 ways in which rents from quantitative restrictions can be allocated. In which case is the quantitative restriction most harmful for the importing country? b) When the Multifibre Agreement (MFA) expired in 2005, the quality of T-shirts import..
The world economy retrenched in wake of a global financial crisis. Did globalization of capital markets contribute to this crisis? If so, what can be done to stop global financial contagion in future?
As a seller of data to customers in Brazil, suppose you are an exporter and you periodically buy advertising space on Brazilian Web sites to advertise your service;
What is the effect on the economic well-being of a nation when a tariff is imposed Consult a newspaper and identify an industry where there currently is a tariff. please provide the source. What is the effect of this tariff on the U.S. economy
How might a government solve the problem of overfishing by assigning property rights over areas of the sea around the local coastline to a single fisherman [hint: he can charge other fishermen a fee to be able to fish in "his" sea] Have property ri..
What is the percent change in prices of each of the goods from 2010 to 2011 and from 2011 to 2012 c. Calculate nominal GDP in Britannica for each of the three years. What is percent change in nominal GDP from 2010 to 2011 and from 2011 to 2012
Does the difference in the change in the general CPI compared to the change in the Medical CPI clearly indicate that there has been more inflation in the medical industry than overall in the economy?
At the moment, the market is completely ignoring things like record U.S. trade deficits and the widening current account deficit. It is also largely ignoring the possibilty of Fedral reserve rate cuts.Traders and investors are insted focusing only..
Suppose that U.S. prices rise 4% over the next year while prices in Mexico rise 6%. According to the purchasing power parity theory of exchange rates, what should happen to the exchange rate between the dollar and the peso
America spends more on every student in public education than any other developed country and yet performs at bottom of every international student achievement test.
Which are preferable and why, fixed, flexible, or a mixture of the two exchange rates? What nations have officially dollarized their economies. How does United States benefit from it?
According to Jeffrey Sachs, Determine what kinds of development assistance can make a difference in Africa, and what role does he anticipate for the developed world?
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