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Answer the following questions as briefly and precisely as possible
1) Explain why some countries use country export restrains (VER) instead of imports quota?
2) List and explain at least there reason as to why countries decide to form regional trade agreements.
3) Why we need to make distinction between large and small countries in making trade policy analysis?
Which of graphs below shows Y increasing at a decreasing rate. Which of following issues is related to microeconomics rather than macroeconomics.
Which of the subsequent goods with their respective income elasticity coefficients in parentheses will most likely suffer a decline in demand during a recession.
Calculate and interpret the own price, cross price, and income elasticity of demand.
Why/how does inflation impact the growth rate of the economy in the medium run.
Are monopolies and oligopolies (firms demonstrating power) always bad for society? Be sure to provide real world examples of where this may be the case to strengthen your position. Provide at least one example of a case where having a monopoly or oli..
While the population variances are unknown, we will assume they are equal.
Elucidate relationship among production curves average product and marginal product also cost curves average variable cost, average total cost and marginal cost.
q.specify how each of the following international transactions is entered into the u.s. balance of payments with
q. suppose a government has no debt and a balanced budget. suddenly it decides to spend 1 trillion while raising only
Entering international markets has become a priority for many companies even in the US, which has a large domestic market? Is having a strategic alliance with foreign companies a better alternative to simply appointing distributors and dealers abroad..
Then you inherited a piece of commercial real estate bringing in $12,000 in rent annually.
Illustrate that there are any extra costs or benefits due to this shift.
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