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1. Among the problems that hinder growth in developing economies are poor infrastructure, lack of financial institutions and a sound money supply, a low saving rate, poor capital base, and lack of foreign exchange. Explain how these problems are interconnected.
2. What are the arguments for using real per capita GNI to compare living standards between countries? What weakness does this measure have?
Between 1968 and 1980, the US economy experienced a slowdown inproductivity growth. However, since the mid 1980s, the economy hasexperienced increases in the growth rate in productivity.
In the mid -1970s, Newsweek magazine report that the city of atlantic lowered its city bus fares from 40 cents to a 15cents a passenger. The number of bus riders increased by 15 percent after the fare cut. This set of reults indicates what the dem..
Suppose if airline industry was operating under other market structures, how would equilibrium price and quantity differ? Would it be higher, lower, or same?
Movies are distributed in a variety of forms, not just first run theatrical presentations. What other ways are movies distributed? What are the different price points? Using this information, draw a fully labeled graph of the market for movies in ..
Assume the value of the French Franc in terms of dollar is 50 on October 12 , and 44 on October 17. Determine the Franc appreciated or depreciated against the dollar?
A company that produces T-shirts and sells its items in a perfectly competitive market. The manager forecasts the wholesale value of T-shirts next year to be $7.00.
Select one regional trading arrangement and describe three economic effects of the arrangement
Assume that a country declares that it is moving toward free trade through decreasing its tariffs on intermediate inputs while maintaining its tariffs on final goods.
Explain why the general level of wages is high in the United States and other industrially advanced countries. What is the single most important factor underlying the long run increase in average real wage rates in the United States
In terms of trading bloc characteristics, how does the EU (European Nation) compare with the 50 States in the U.S. What does the WTO do that differentiates it from the section 201 provision of U.S. trade law What is Multilateralism and how has it be..
The United State imports Japanese cars with a domestic price of 5,000,000 yen and the yen or dollar exchange rate is 120 on January 1, 2003.
Discuss why would a nation impose a trade embargo on another nation and what are a trade embargo's typical effects?
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