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Refer to the following articles:
Candidates Weaponize Free-Trade Issue, Politico
Why Critics of Free Trade are Talking China, Not NAFTA, FiveThirtyEight
Economists Actually Agree on This: The Wisdom of Free Trade, New York Times
The Case for Free Trade is Weaker Than You Think, The Wall Street Journal
After reading each of the articles, you will play the role of policy advisor to a prominent politician/policymaker. Craft a concise and convincing policy statement on trade that your politician/policymaker will utilize to shape popular opinions on trade. Feel free to use sources and be sure to properly reference each source. Your statement should not exceed 500 words.
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A monopoly produces widgets at a marginal cost of $10 per unit and zero fixed costs. It faces an inverse demand function given by P=50 - Q. Suppose fixed costs rise to $400. What happens in the market?
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Sammy Hagar is a popular recording artist and is perhaps most well known for being the former lead singer of the rock band Van Halen. In a recent interview Hagar was asked whether he planned on making new music. That doesn't even come close to equali..
q1. clarify how immigration between two countries could be an equalizer of wages as well as economical for both sending
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Among the problems that hinder growth in developing economies are poor infrastructure, lack of financial institutions and a sound money supply, a low saving rate, poor capital base, and lack of foreign exchange. Elucidate how these problems are int..
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Movie House is an online seller of DVD's. To buy a DVD from Movie House, a customer must pay a monthly membership fee, plus a price for every DVD bought (this being a two-part tariff pricing scheme). After some market research, Movie House discovers ..
Joe and Rebecca are small-town ready-mix concrete duopolists. The market demand function is Qd = 10000 − 100P where P is the price of a cubic yard of concrete and Qd is the number of cubic yards demanded per year. What is Joe’s best response function..
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