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International trade has pros and cons. Economists generally supports free trade. International trade has played a significant part in promoting economic development and technology transfer among countries. There are also various arguments in favour of restricting international trade: protecting jobs, defending national security, helping infant industries, preventing unfair competition, and responding to foreign trade restrictions. 1. What is the impact of free trade on domestic job creation policy? Elaborate with examples. 2. What the impacts of outsourcing and off-shoring on trade liberalization (globalization) and economic structure? 3. What are the pros and cons of importing cheap goods and services?
q.due to rising food costs our vending contractor royalle vending will implement a slight price increase on all
Which of the following are examples of economic indicators? check all that apply. Which of the following statements regarding procyclical, countercyclical and leading economic indicators is corrects? check all that apply
Determine impact on income of a 50 increase in government spending from 250 to 300. Using original data, compute impact of a 50 decrease in taxes from 125 to 75.
There has been extensive discussion of the "wealth effect." The argument goes that inflated stock values were partially responsible for the strong U.S. economy of the 1990's. Explain this linkage in words and then illustrate with an Aggregate Demand/..
What is GDP comprised of? Also tell me about net domestic product and national income. If I told you that: GDP was $5 trillion Depreciation was $500 billion and indirect business taxes were $300 billion. How would you calculate the net domestic produ..
What market structure would this industry fall under? What are the names of other firms in this industry? Is it monopolistic competition, oligopoly, monopoly, or perfect competition?
A paper mill has leaked a toxic substance (chlorine) into the ground. Fixing the leak was very expensive so the paper mill chose not to fix the leak. Once local residents and local government discovered that the toxic was contaminating local water su..
If the fed begins shifting the ad curve rightward at a faster rate than in the past, the short-run effect is a
Suppose taxes are measured in cents as in the first case, but consumption is measured as gallons consumed every month.
q1. state two economic principles of taxation and which principle best justifies the excise tax on gasoline when the
Explain why the firm will or will not experience diminishing marginal returns to labor in the short run if its production function is.
Opponents of NAFTA point out that pollution is largely a free good in Mexico also that being free to pollute gives industries in Mexico an economic advantage over those in the U.S. also Canada.
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