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Snookie, a Jersey Shore Girl, wants to work at Disney's African-themed resort in the African village as a salesperson selling "native" artifacts to the tourists. Disney, however, says that in order to work in a customer-contact position at this park, you MUST be from Africa. Snookie feels she is being discriminated against and wants to sue. The likely result of such a lawsuit would be:
a. Snookie would prevail since she is being discriminated against because of her national origin.
b. Snookie would prevail since this Africa-only policy has a disparate impact on non-Africans.
c. Disney would prevail if it received an exemption from the United Nations allowing it to have such a policy.
d. Disney would prevail if its policy rose to the level of a Bona Fide Occupational Qualification for the position.
Suppose that the following output and labor hours for Russia and Germany in manufacturing Wheat and Cloths
The extensive application of protective tariffs destroys ability of international market system to allocate resources efficiently.
Suppose that Germany decides to become self sufficient in bananas and even to export them. in order to accomplish these goals, large tax incentives are granted to companies that will invest in banana production. Soon, the German industry is compet..
Suppose that the exchange rate adjusts so that interest-rate parity holds. Suppose also that the interest rate on a one-year German bond is 7% and the interest rate on a one-year U.S. bond is 4%. Suppose that you expect the exchange rate in one yea..
Discuss and explain the major provisions of the North American Free trade Area (NAFTA) agreement. Briefly discuss the major benefits of NAFTA to the U.S. economy.
Our economy thrives on competition. Market forces will lead companies to manufacture the mix of goods most desired. Unforeseen events can be responded to in a rational manner.
If world prices increase, the current account balance of the importing country will improve.True / False? Explain and should high-income countries erect or maintain trade barriers against imports from low-wage countries?
The European Central Bank explicitly states that its long-run inflation traget is 2%. Assume that the Eurozone velocity growth is 2% amd the average growth rate of nominal GDP in Eurozone is 3%. What would you tell the European Central Bank to en..
Draw the production possibility frontiers for Germany and what are the autarky relative prices of airplanes (P A /P C ) in Germany and Japan?
Absolute and comparative advantage: Describe how these concepts explain the benefits and costs of international trade.
Why are common borders and cultural similarities often an additional factor to determine who trades most with whom and why? Use your knowledge of the gravity model to justify your answer through two suitable examples.
Following the reduce in the demand for the Baht, has the Baht appreciated or depreciated in relation to the United State dollar?
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