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The essay should be about 800-1000 words and should address the following questions. To complete this you must read chapters 4 and 8 from the book Globalization and Its Discontents.
In the book Globalization and Its Discontents, economist Joseph Stiglitz argues that IMF intervention worsened the East Asian financial crisis of the late 1990s. How, according to Stiglitz?
Stiglitz also argues that the IMF as another agenda besides its stated agenda of promoting stability and growth in LDCs. What does he mean by this? What, according to Stiglitz is the IMF's other agenda?
China and Japan can manufactures calculators and noodles using land and capital in a competitive market. To manufacture one calculator two units of capital and one unit of land are needed,
Suppose the Fed has already make a decision that it wishes to target the money stock. Will the Fed come closer to its target by setting the interest rate at a given level, or will it do better by fixing the money supply through open market operations..
Assume that the world value of kiwi fruit is $20 per case and the United States equilibrium price with no international trade is $35 per case.
Assume the United State dollar price of a British pound is $1.50; dollar price of a euro is $1; a hotel room in London, England, costs 120 British pounds;
Suppose you are the owner manger of an innovative computer software firm, and your latest item is so revolutionary and superb it has resulted in your firm controlling 98 percent of the industry in terms of total sales.
According to Staffan Linder, there are 3-explanations of international trade patterns one for produces and another for primary goods.
Kellogg's, breakfast food people, comprises one of four corporations that control about 92% of its market for breakfast food. Kellogg's would be considered;
Assume that a country declares that it is moving toward free trade through decreasing its tariffs on intermediate inputs while maintaining its tariffs on final goods.
Following the reduce in the demand for the Baht, has the Baht appreciated or depreciated in relation to the United State dollar?
Based on the Keynesian theory in does it matter what the money is spent on? discuss and explain the amount of stimulative effect we can expect, depending on how the stimulus is financed.
Calculate Jill's economic profit and what makes economic profit different from accounting profit and find the profit- maximizing price and quantity in each market.
Would you have a higher consumption standard of living by self sufficiently producing all the goods you and your family want to consume through employing your labor time
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