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We are constantly hearing about the mass exodus of jobs to other countries (phone service, computer service, sales). Use the concept of comparative advantage to explain why this is occurring. Also, explain how the U.S. benefits more in the long run from this shift. What sectors are harmed by the shift? What sectors benefit? Are there jobs likely to be created in the U.S. from this? Where? Why? Do you feel we should become protectionist and prevent this loss of jobs?
the joint probability distribution between employment status and college graduation among those either employed or looking for work (unemployed) in the working age U.S. population for 2008. Joint Distribution of Employment Status and College Gradua..
Evaluate the likelihood of conflict and cooperation in the future on issues of transnational crime, health, and environmental problems.
4 Companies located at different points on a river dump many quantities of effluent into it. The effluent adversely effects quality of swimming for homeowners who live downstream.
Does the difference in the change in the general CPI compared to the change in the Medical CPI clearly indicate that there has been more inflation in the medical industry than overall in the economy?
Why are some countries today much poorer than other countries Are today's poor countries destined to always be poorer than today's rich countries If so, explain why. If not, explain how today's poor countries can catch or even pass today's rich co..
The economic staff of the U.S. Department of the Treasury has been asked to recommend a new tax policy concerning the treatment of the foreign earnings of U.S. firms. Currently the foreign earnings of U.S. multinational companies are taxed only.
Assume a scenario where you are an entrepreneur considering to expand your production of kitchen gadgets. You require to pay back a loan of $5,000,000 over 5-years.
The US government has two different methods to deal with illegal drug use. First, the government has tried a "war on drugs", with the idea of keeping illegal drugs out of the country. Second, the "just say no" campaign has been used to make indivi..
Discuss why can not one nation have a comparative advantage over another nation in production of everything if the 1st country has excellent natural resources,
What do you predict the real exchange rate will be one year from now and what do you predict the yen per dollar nominal exchange rate will be in one year?
The report will also analyze the key reasons why the country has performed the way it has over the past two and half decades. This should include reference to the economic theories that are covered in the course.
Suppose that Norway (country 1) and Russia (country 2) are the only two natural gas exporters to Germany. The inverse demand curve is P= 100-Q, where P is price and Q is the total quantity in the market. Costs are C1=Q12 and C2=10*Q2, where C1 and..
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