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what's the difference between Protestant work ethic(PWE) and Worldly protestant asceticism(WPA)?more importantly, please explain weber's idea of "worldly protestant asceticism" and how it gave rise to financial capitalism.
The world economy retrenched in wake of a global financial crisis. Did globalization of capital markets contribute to this crisis? If so, what can be done to stop global financial contagion in future?
Calculate the price elasticities of demand in each market and discuss these in relation to the prices to be charged in each market.
Identify the funding mechanism of the project, and the sources of funding. Identify the key players or stakeholders of the project. Who is supposed to benefit from the initiative?
Discuss and explain how does the Heckscher-Ohlin theory different from Ricardian theory in describing international trade patterns?
Can today's dynamic low-income countries break through the past structural and institutional barriers - causes for success and economic conditions
What is the difference between Absolute and Relative PPP? Which theory requires fewer assumptions and give two reasons why Absolute PPP might not hold in the short-run.
Assume Bill and Hillary notice values are higher in high rent districts. Bill says it's because high rents cause high values. Hillary says its because high values cause high rents.
Discuss and explain the key features of an oligopolistic industry. Illustrate your answer with reference to an industry of your selection.
Assume GM is planning purchasing a plant in Hungary. All sales will be to Hungarian customers and denominated in forints. The projected returns and investments are as follows:
Suppose that economic growth is slower in the U.S. than in its trading partners. Given a system of floating exchange rates, will the impact of this growth differential be for US with respect to exports and the value of the dollar?
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?
What are at least three criteria you would use when assigning a manager to work in an overseas location and what are three items you might advise them about before accepting the assignment?
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