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The impact of globalization is seen in all countries. This requires the participation of all countries in anti-pollution agreements. Environmental regulations are not useful if they are not accepted and implemented globally. It requires commitment from the international community. According to the following Reuters article, "China represents just over 20 percent of global emissions while the United States accounting for 17.9 percent, Russia 7.5 percent and India 4.1 percent." Do you think governments have responsibility to take the lead and impose regulations to curb the climate change? Last year, the United States, China and several other countries ratified the Paris climate change deal. What are your expectations from the current government?
https://www.politico.com/story/2016/09/climate-agreement-united-states-china-227705 (Links to an external site.)
https://www.reuters.com/article/us-china-climatechange-idUSKCN11901W?il=0 (Links to an external site.)
Describe the four types of regional trading agreements discussed in class and show how each type creates a greater and greater level of economic integration. Using the European Union as your example, describe the challenges associated with the variou..
Explain why you cannot primarily rely on budgets or expenditure documents to ascertain the costs of a project. In other words, why is it inappropriate to use budgets for estimating costs?
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Suppose there are 81.0 million people not in the labor force; 154.0 million in the civilian labor force, and 140.9 million employed. Based on these numbers, what is the unemployment rate?
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Why does the government grant patents to companies that research new drugs?
ACME Hauling has been granted exclusive rights to serve the community of Apple Valley. The graph (attached) represents the company's long-run average-cost curve, it's long-run marginal-cost curve, its long-run marginal-revenue curve, and the demand c..
Would you favor a high tariff on imported steel if you were (a) an automobile worker, (b) a steel worker, (c) an automobile buyer, and (d) a plastics worker? Explain your reasoning in each case.
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You own a pizza shop and you use both labor and capital to make your pizzas. Currently the marginal product of labor is 5 pizzas per hour, while the marginal product of you capital is 2 pizzas per hour. You pay your labour $10 per hour, and your capi..
Suppose you own a home remodeling company. You are currently earning short-run profits. The home remodeling industry is an increasing-cost industry. In the long run, what do you expect will happen to
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