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Are you for or against free trade? Are you for or against NAFTA? What is the economic basis for trade?
Explain the underlying facts that support free trade and give an example of a good that you purchased recently that is based on resource differences.
What are some examples of goods that the U.S. has comparative advantage in producing?
Take a look at the tag of the shirt/dress/pants you are wearing today.
Where was it made? Anyone wearing "Made in America" items of clothing today? We sometimes hear people say "Buy American." Why don't we?
What is the basis of international trade? What are the benefits and the costs? Under what conditions would you advocate for trade restrictions?
If the local environmental quality in Tennessee declines as a result of this trade, then indicate a potential Coase agreement that could avoid the environmental decline and would still make the trade profitable to both parties ? Is such a trade po..
Housing price models can be estimated with time-series as well as cross-sectional data. If you study aggregate time-series housing prices, you have: N 38 (annual 1970-2007) where: Pt the nominal median price of new single-family houses in the Unit..
Identify the process by which the company identifies and raises funds for capital investments. Describe the cost structures of these funds from both internal and external sources.
write a paper in which you1. explain the concept of comparative advantage and the principle theories of why trade
The government has 3-bureaues that predict the impact of legislation and information so administration and Congress can make rule.
Why is U.S. economic growth important to the average American and what is the best way to measure standard of living of the average person: (use unemployment rate, inflation, & GDP in your answer).Does economic growth ensure all members of a societ..
arbitrage in goods markets1. what is the difference between absolute and relative ppp? which theory requires fewer
In a 1990 article assessing the 1980's, Time reported that: "The good news is that U.S. gross national product doubled during the 1980s, from $2.7 trillion to $5.3 trillion." The GNP number they refer to is nominal GNP.
On the production possibilities frontier graph, the closer the economy's production is to the origin of the graph and the farther away it is from the PPF,
What is the "current macroeconomic situation" in the U.S. (e.g. is the U.S. economy currently concerned about unemployment, inflation, recession, etc.) What fiscal policies and monetary policies would be appropriate at this time
Suppose that the inflation rate in the United State and japan are 4 percent and 2 percent, respectively and that the current spot rate is $.0083333 per Japanese yen or 120 Japanesse yen per one percent dollar.
Explain how current account imbalance create a risk for the global economy. What does the large U.S. current account deficlt tell us about the U.S economy Are there reasons to be concerned about the size and peresistence of the US current account ..
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