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The upward trend in the number of Bilateral Investment Treaty (BIT) has accelerated even after members of the World Trade Organization signed Trade Related Investment Measures (TRIMs) and Trade Related Intellectual Property Rights (TRIPs) in 1993. Explain why the number of BITs increased even after signing TRIMs and TRIPs. What are the provisions often included in BITs?
Mais Electrical Service, Inc., once the only provider of electrical repairs in Benton shire, is now facing intense competition from the many electric service firms that have been established over the years. As a result, the demand for electrical repa..
Suppose that two firms both have AVC = $50. Market demand is given by Q = 100 - P. Find the Bertrand Equilibrium. Would your answer be different if there were three firms?
Two rms sell identical products and compete as Cournot (price-setting) competitors in a market with a demand of p = 150 - Q. Each rm has a constant marginal and average cost of $3 per unit of output. Compute each rm's best response function. Plot eac..
Consider decision making process used by consumers as they budget their money to maximize use of their resources.
GM announced that it will close its Oshawa truck plant in 2009 and a Windsor transmission plant in 2010. Ford also plans a 10 percent cut in white-collar, salaried positions. In total, over 4000 direct jobs will be lost. If the unemployment rate and ..
Macroeconomic equilibrium and the multiplier effect The following graph shows a hypothetical economy in short-run equilibrium at an output level of $400 billion and a price level of 100. Suppose that potential GDP in this economy is $200 billion. Use..
_______All of the following would be external sources for recruiting except
When sketching a graph of a market in which sellers have limited ability to adjust the amount they produce, I will draw the supply curve with
The Port Authorities of New York and New Jersey estimate that the annual net revenues for the George Washington Bridge (GWB) will total $13M by the end of this year (t=1). What is the annual amount the Port Authorities should expect to spend for a fi..
For tax purposes, “gross income” is all the money a person receives in a given year from any source. But income taxes are levied on “taxable income” rather than gross income. The difference between the two is the result of many exemptions and deducti..
The long run is defined as:
Define also Elucidate the three important components of organizational architecture responsible for the success or failure of an organizational design
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