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Select a product produced in the U.S. and a foreign country which you are familiar (from the e-Activity). Determine if direct exporting, foreign direct investment, or licensing would be the best way to get the product to buyers in that foreign country.
Assume Fiat recently entered into an Agreement and Plan of Merger with Case for $4.3 billion. Prior to the merger, market for four wheel drive tractors consisted of 5-company's.
Assume that the production technology of a self proclaimed infant industry allows economies of scale. Assume also that the same technology is available to foreign manufactures.
Describe unequivocally why the foundation of trade has nothing to do with absolute advantage and only law of comparative advantage is relevant.
Assume that the market is explained through the following supply and demand equations, Determine the equilibrium price and the equilibrium quantity.
What global social interests or responsibilities, if any, do we have as consumers to the losers of globalization? Discuss and justify your postings and responses with other students in our course.
Discuss any three examples of events occurring in one country and having a significant impact in nations that are its trading partners. You are also restricted to events that have occurred no earlier than 2010. Finally, be sure to document your so..
In 2006 the hourly cost to workers per German industrial employee was $33. The hourly expense to employers per United States industrial employee was $23.65 while the average cost per Taiwanese industrial worker was $6.38.
Japan has had an overall trade surplus in current years. Economists advice that this continuing phenomenon is due to many things, including an inappropriate exchange rate
Describe how the conditions of covered interest parity and uncovered interest parity are reached, and indicate the implications of the analysis for the prediction of the future spot rate.
What is offshoring of white-collar service jobs, and how does it relate to international trade? Why has it recently increased? Why do you think more than half of all offshored jobs have gone to India?
Still remaining within the Ricardian framework, Suppose that the Canada has one hundred units of labor available for production while Mexico has two hundred units of labor and both nations produce corn and wheat.
Argyle is a huge, vertically integrated company that produces sweaters from a rare type of wool manufactured on its sheep farms. Argyle has adopted a approach of selling wool to firms that compete against it in the market for sweaters.
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