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For the U.S. perspective, imports are the goods produced by foreigners, imported to the U.S., and consumed by Americans. Exports are the goods produced by Americans, exported to other countries, and consumed by foreigners. U.S. GDP does not include imports because they are not produced in the U.S. However, they will be included in the market basket because they are consumed by Americans. At the same time, exports are included in GDP because they are produced in the U.S., but they will not be part of the market basket for Americans. Then which of the following is most likely to be true if the prices of some imports increase?
Suppose If factor-intensity reversals were indeed prevalent in the real world, how might this fact be used to describe the Leontief paradox?
Where (i.e., what industries, countries, regions) the problem will affect the most When the problem started and how long it took for it to become a serious threat to garner the nations attention Whythe problem was allowed to develop and materialize i..
Explain what is the effect on the exchange rate of an increase in the country's money supply according to the asset market or portfolio approach and in what ways does it differ from the monetary approach?
A firm purchases capital and labour in competitive markets at prices of r=$6/machine-hour and w=$4/labour-hour,respectively. With the firm's current input mix, the marginal product of capital is 12kg/machine-hour and the margi..
An economy can be stimulated through printing more money. Determine the dangers of doing that? Inflation can be reduced by reducing the money supply.
Recognize to what extent tariffs or quotas would affect international trade in whirlpools items. How would you pay for imports, receive payment for exports, and manage exchange rate risk?
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 study conducted by the Moscow-based management consulting firm Strategy Partners found that the average labor productivity in Russia is only 17 percent of labor productivity in the United States. What factors would cause U.S. labor productiv..
The job losses to foreign nations have not been limited to low skilled rankings. And that may not necessarily be a real concern in long run.
Stiglitz also argues that the IMF as another agenda besides its stated agenda of promoting stability and growth in LDCs. What does he mean by this? What, according to Stiglitz is the IMF's other agenda?
Smith identify that if the forward rate is lower than what interest rate parity indicates, the appropriate strategy would be to lend:
Find the current state of the dollar versus other international currencies? What has been trend for the last six months and Determine the size of the national debt?
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