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Question 1:
Explain the main drivers of globalisation and ascertain whether they have helped to reduce the gap between the rich and the poor countries.
Question 2:
Discuss the four criteria of the evaluation framework. Please provide concrete examples to ascertain their importance.
Question 3:
‘One of the main reason for the choice of a joint venture as a mode of entry is that a joint venture substantially alleviates the problem of differing culture, language and legal system amongst other things'.
Given the above, discuss the benefits and costs of using a joint venture as a mode of entry into a foreign county.
Question 4:
"The eclectic paradigm combines elements of quite different approaches to international production, and so it should not be misunderstood as itself another general theory: ‘precisely because of its generality, the eclectic paradigm has only limited power to explain or predict particular kinds of international production; and even less the behaviour of individual enterprises,'"(Dunning, 1988a).
Question 5:
Discuss the benefits and costs of joining a Regional Trade Agreement.
How will government regulation impact decision making
the demand for blankets has been estimated y^=0.5-1.5x2+3.0x3
what is indirect utility function?
explanation on diagnostic test in time series
Question 1: a) Explain what is a VAR giving an example both in the form of an equation and matrix. Discuss its benefits and limitations. b) How can we estimate a VAR invol
Gretl help?
Consider a Simple Linear Regression Model (SLRM) of the form y= a1+a2X+e where e ~ N(0,σ 2 )(Use the assumptions outlined in our class and available for review in the lecture note
Assume that the allowance Peter receives from parents is his only income. He used to spend $30 a month to buy Coke at $.60 per can. Coke is an inferior good for Peter. Further a
#what is economics
suppose only one professor teaches economics at your university, would you say that this prof is a monopolist who can exact any price from students in the form of readings assigned
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