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Equalization of Wages Sample Homework
Question: Discuss factors that affect the equalization of wages across countries. To what extent to you expect to see wage differentials between the United States and other countries decline over time? Would you expect the differentials to be completely eliminated?
If Japan generally runs a significant trade surplus, do you thinkthis is most related to high foreign demand for Japanese goods, lowJapanese demand for foreign goods, a high Japanese saving raterelative to Japanese investment, or structural barrie..
Between 1968 and 1980, the US economy experienced a slowdown in productivity growth. However, since the mid 1980s, the economy has experienced increases in the growth rate in productivity.
Assume the exchange rate between United State, dollars and the Swiss franc was SFr1.6=$1, and the exchange rate between United State dollars and British pound was L1=$1.50.
For each of the following state a) if the demand or supply curve will shift left or right, (b) the effect on the exchange rate, and (c) if it is a long, medium, or short run effect based on the supply of and demand for the Canadian dollar by the U.S...
Discuss the distribution of income that results from the United States' brand of free market capitalism. How does the existing distribution of income compare to the distribution that would, in your opinion, be desirable
Wilpen Company, a price-setting firm, produces nearly 80 percent of all tennis balls purchased in the United States. Wilpen estimates the U.S. demand for its tennis balls by using the following linear specifications. Q = a + bP + cM + dPR Where Q ..
The Sarbanes-Oxley Act (Financial Reporting Act) of 2002 was passed in response the problems which surfaced with the market failures of 2000-2001, which was partially caused by senior executives in publicly-held firms routinely changing their quar..
Sonora Company expects a three year comparative advantage period. Sonora's free cash flow during these three years are estimated to be $5 million, $7 million, and $9 million.
According to Staffan Linder, there are 3-explanations of international trade patterns one for produces and another for primary goods.
Suppose that in Canada opportunity cost of manufacturing 2 television sets is 3 bushels of wheat. Suppose that in the United States the opportunity cost of manufacturing 2 bushels of wheat is 3 television sets.
What countries would you choose to export and what problems do you see, and why do they trouble you?
The US maintains a large trade deficit with China. The debt is largely due to China's artificially undervalued currency. Should the actions of the Chinese government be considered through trade-governing officials?
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