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You make friends with a foreign exchange student for Conmetal, a third world island nation located off the coast of Argentina. In Cozmetal labor unions are illegal, and anyone caught trying to organize the workforce of any commercial enterprise is flogged to death in the public square with a cat-o-nine-tails adorned with darning needles. Your friend is amazed by the working conditions American workers enjoy. Your friend asks you why American employers are so kind, loving, and concerned for the well-being of their employees. In Cozmetal employers and the government are only concerned with maximizing profits for the companies. Discuss what you tell your friend about
A. The history and development of the American labor force.
B. The effect that history had had on the development of the U.S economy
C. Why the U.S. has a middle class and Cozmetal does not
D. The role organized labor has played in the development of the U.S. economy
E. What might happen if the U.S. outlawed labor unions?
Foreign Direct Investment - Prepare a power-point presentation on Toyota's international market strategy.
The market for chicken sandwich, considered a normal good, is in equilibrium. Analyze the effect of the following events on equilibrium price and equilibrium quantity of chicken sandwich.
If demand in the United States is given by Q1 = 7,200 - 300p1, where p1 is the price in the United States, and if the demand in England is given by Q2 = 3,600 - 200p2, where p2 is the price in England.
Internalization - Operate in domestic market only and serve foreign markets through subsidiaries
The economic staff of the U.S. Department of the Treasury has been asked to recommend a new tax policy concerning the treatment of the foreign earnings of U.S. firms. Currently the foreign earnings of U.S. multinational companies are taxed only wh..
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Suppose the CFO of a German corporation with surplus cash flow has 1 million Euros to invest.Suppose further that the CFO expects that the (euro/$) exchange rate will increase from 1euro per $ to 1.1 euros per $ during the coming year. Should the C..
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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.
Examine issues of where, when, and how to be considered through an organisation planning an international entry strategy. How can the potential benefits be made to exceed the risks?
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 includ..
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