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Who benefits from a tariff or quota? Who loses? Why--and how--would some domestic producers benefit from protectionist trade policies?
Why--and how--would some domestic producers lose from protectionist trade policies?
Why--and how--would some domestic consumers benefit from protectionist trade policies?
Why--and how--would most domestic consumers lose from protectionist trade policies?
How do protectionist trade policies affect a government's wealth and fiscal policy?
What is the difference between a loosely coupled system and a tightly coupled system? Give examples.
You are trying to decide whether to buy some laptop computers for your business in either Canada or in United States. Looking at identical machines on the Dell Canada and the Dell US web sites, you find that they sell for US $2000 (US dollars) in ..
Explain "political socialization" and "agents of political socialization."Describe your personal political socialization. Briefly discuss your current political values, beliefs, and opinions, and explain how (through political socialization)
Suppose the government seeks to find the best it can do (in terms of minimizing expected costs in a dominant strategy mechanism). What is the mimimum expected payment the government must make?
You are the campaign manager for a politician running for office in your country. He wants you to write a small speech showing the virtues of free trade, even with countries that seem "inferior" in technology. Write a paragraph or two explaining t..
Given the following info, calculate the rate of increase in the price level (inflation) from Year 2008 to 2009.
Why does a tax on a product that has a negative externality help get the market closer to the social optimum?How does the tax change the behavior of the consumer or producer?
Suppose that consumption depends on the interest rate. How, if at all, does this alter the conclusions reached in the chapter about the impact of an increase in government purchases on investment, consumption, national saving, and the interest rat..
Illustrate what effect if any will this have on competition with Canadian and US firms. Elucidate extent is your answer industry dependent.
Do you think setting a minimum wages for the workers would have an impact on poverty reduction? Give reason for your answer.
Suppose the price of unleaded regular octane gasoline were 20 cents per gallon higher in New jersey than in Oklahoma. Do you think there would be an opportunity for arbitrage (i.e that the firms could buy gas in Oklahoma and then sell it at a profit ..
Suppose wheat is produced by a farmer and if intead of some quantity of wheat farmer starts producing some sugercane then that unit of wheat farmer has to sacrifice for the prodution of sugarcane ,this is known as the opportunity cost.
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