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Write a 4-6 page (12-point font, double-spaced) essay evaluating the role of governments in assuring that developing countries obtain a fair and adequate share of the benefits of international trade. In so doing, critically assess claims that "the answer" lies in untrammeled market activity versus government intervention. Drawing on Carbaugh's discussions concerning industrial policies, strategic trade policy, the trade problems of developing nations, import substitution, and export-led growth.
What is the monopolist's profit maximizing level of output and what is the profit-maximising pricing strategy among the options
The local government of singapore is concerned about increasing rental costs for residents, and decides to impose a ceilong price on the maximum rents that can be charged by landlords on apatments and houses.
Suppose that a company is considering building a new factory to increase their productive capacity. If they had planned to borrow the funding in the bond market, how would an increase in interest rates influence this decision
the real exchange rate is the nominal exchange rate, defined as foreign currency per dollar, times 1. US prices minus foreign prices 2.prices in the US divided by foreign prices 3.foreign prices divided by US prices 4.none of the above
What do you mean by a social welfare function? If you assume that such a function exists, what properties of social optima would be considered by you? Discuss such properties.
Draw and explain the demand curve facing each firm, and given this demand curve, does this mean that firms in the jeans industry do or do not compete against one another?
Explain how economics is used as a social science and as a policy tool and write a two-page essay in which you address the issues.
Explain how a +0.5% adjustment in domestic interest rates would affect international investment flows. Determine if such a change would have a bigger impact on larger or smaller countries.
Sketch the indifference curves and show where the "corners" are. If the prices or x and y are P_x = 5 and P_y = 1, respectively
Suppose the Clean Springs Water Company has a monopoly on bottled water sales in California. If the price of tap water increases, what is the change in Clean Springs profit-maximizing levels of output, price, and profit
How could we argue that these markets are notcompetitive and could each firm face a demand curve that is not perfectly elastic?
Why is the government so quick to regulate monopolies and potential monopolies? What are the major concerns and evils that arise from this market structure?
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