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Due to the problems in countries such as Spain, Italy and Greece; Germany had (and is having) an inflow of workers looking for jobs (and better conditions) from these countries. Due to the unfavorable economic conditions in their own countries these workers are often willing to work for lower salaries than German workers. Assuming that a high number of immigrant workers are already part of the labor force of Germany, answer the following questions. (You can use Germany and only one of the other countries in your answers)
a) What will happen to the unemployment in Germany and the other countries if Germany decided to exit the EURO zone, deport all non-German workers and make it illegal to hire non-German workers in Germany?
b) What will happen to GDP (production) in Germany and in the other countries?
A farmer and a rancher currently lead a subsistence existence, manufacturing only meat and potatoes. The farmer could make two units of meat per forty hour week,
Some nations do not protect human rights in the similar manner as the US. At times, the U.S. should threaten to restrict United States imports from or investment in a particular nation if it does not correct human rights violations.
When determining the value to be paid for an merger, one of the factors considered is often,
The widget industry in Anytown is a monopoly, controlled through Widget Corporation Its demand curve for the local market is given through
Petroleum products are in limited supply, what do you recommend the United States government should do to prepare for a shortage of gasoline? Describe your answer.
If so, describe what impact this might have on (1) U.S. balance of payments, (2) Chinese balance of payments, (3) relative competitiveness of Mexico and Thailand, (4) firms such as Wal-Mart, and (5) U.S. and Chinese retail consumers.
Smith identify that if the forward rate is lower than what interest rate parity indicates, the appropriate strategy would be to lend:
China and Japan have 2factors of production, land and labor. Both countries produce 2-goods, corn, which needs more land, and computers, which needs more labor.
Taxes greatly influence U.S. economy. Because of this influence, it is good to know the effects they have in the economy and on a personal level. Complete the following to gain a better idea of the various types of taxes, their influences, and how..
As a seller of data to customers in Brazil, suppose you are an exporter and you periodically buy advertising space on Brazilian Web sites to advertise your service;
If the account increased at a market rate of 15% per year and inflation averaged 3% per year over the entire deposit period, determine the purchasing power in terms of year-zero dollars immediately after the last deposit in year 17. Year 0 = $5000..
Assume that following two programes take place in the market for Kuwait's currency, the dinar; The United States demand for oil, Kuwait's main export good,
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