Domestic institutions play important role in globalization

Assignment Help Business Economics
Reference no: EM13896670

While many domestic institutions play an important role in the globalization process, describe three fundamental policy measures that those countries need to promote in order to benefit from globalization. How would these policies be implemented? How might these policies be promoted?

Reference no: EM13896670

Questions Cloud

Explain and categorize the cost of inflation : Because inflation has risen, the Armani clothing company decides to issue a new catalog monthly rather than quarterly. Grandpa buys an annuity for 100,000 from an insurance company which promises to pay him 10,000 a year for the rest of his life. Aft..
Most advanced form of regional integration : Although European Union is the most advanced form of regional integration, it is currently facing a challenging time. What are some of the major challenges facing the EU?
Depends inversely on the nominal interest rate : If the demand for money depends positively on real income and depends inversely on the nominal interest rate, what will happen to the price level today, if the central bank announces (and people believe) that it will decrease the money growth rate in..
Impact evaluation using an instrumental variables approach : In the 1960’s a group medical practice (Health Insurance Plan or HIP) undertook a large scale randomized trial to evaluate the effectiveness of mammography. The researchers followed the subjects for five years and recorded the number of deaths due to..
Domestic institutions play important role in globalization : While many domestic institutions play an important role in the globalization process, describe three fundamental policy measures that those countries need to promote in order to benefit from globalization. How would these policies be implemented? How..
What would be the effect on wages-inflow of foreign capital : Suppose Country A is a small open economy that takes world prices as given. What would be the effect on wages and rents in A if it were to experience an inflow of foreign capital? Use a diagram AND a table to convey your answer. Which groups would fa..
What is inflation rate and real interest rate : In the country of Dagobah, the velocity of money is constant. Real GDP grows by 3 percent per year, the money stock grows by 8 percent per year, and the nominal interest rate is 9 percent. What is: The growth rate of nominal GDP? The inflation rate? ..
Calculate the new velocity of money : An economy has the following Money demand function: (M/P)d= .4Y/i^.5 . Where i is the nominal interest rate. Calculate velocity if the nominal interest rate is 4 percent. Calculate the new velocity of money.
Current account surplus-capital accounts surplus : Can a country have (true or false each of the below and explain): A current account surplus, a capital accounts surplus, and a fixed exchange rate - why or why not? A current account surplus, a capital account surplus, and a flexible exchange - why o..

Reviews

Write a Review

Business Economics Questions & Answers

  Expansionary policy is used to fix an expansionary gap

Expansionary policy is used to fix an expansionary gap. If US prices are relatively high, the quantity of US goods demanded is high, aote. The short-run AS curve overall has a positive slope in part because of the misperceptions.

  Consumption bundles

We say that the consumption bundles that Mei can afford but that do not use up her entire income lie:

  Cities often impose water use restrictions on consumers

During droughts, cities often impose water use restrictions on consumers. Suppose Rusalka has preferences for Water (W) and other goods (X) given by the utility function: U(W, X) = WX. Suppose the government imposes a quota limiting water use to a ma..

  Electric power industry

The electric power industry is held up in the article as an example of a natural monopoly. Brainstorm other examples that can be readily identified in the present market economy.

  Determine optimal price

In perfect competition, where we determine optimal price, does the resulting P1 figure simply mean that when the market is at P1, the firm is maximizing it's efficiency?

  What is the funds information ratio

A fund has an alpha of 0.73 percent and a tracking error of 4.9 percent. What is the fund's information ratio?

  Why do years bonds issued by the us government have lower

Why do 20-years bonds issued by the US government have lower rates of return than 20-year bonds issued by corporations?

  What is the law of demand

Insurers want to understand the Bay Area market for pediatric physician primary care services, to help decide the appropriate reimbursement rate for a pediatric primary care visit. Let the demand for pediatric visits be Q = 240 – P, and let the suppl..

  Free trade contribute to improvement of economic well-being

The gains from specialization and trade are based on comparative advantage, which reflects the relative opportunity cost. When countries specialize in producing goods and services for which they have comparative advantages, total production in the gl..

  Functional organizations and product organization

Define the following: functional organizations, product organization, geographic organization, matrix organization also network organization.

  Explain how a wage tax would affect the way

Show that for any level of output q, the minimum cost of producing q is $q. d. Explain how a 10% wage tax would affect the way in which the firm chooses to produce any given amount of output

  Value of the human development index

If countries are first ranked by level or real GDP per capita, and then by the value of the Human Development Index, would you expect the ranking of countries to be similar or different?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd