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1. The Big Mac Index computed by The Economist magazine has consistently found the U.S. dollar to be undervalued against some currencies and overvalued against others. This finding seems to call for a rejection of the purchasing power parity theory. Explain why this index may not be valid test of theory.
2. Why would China want its own currency to be undervalued relative to the U.S. dollar? How does China maintain an undervalued currency?
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 does the United States intervene in Spanish Cuba and what results flow from this intervention? Who supports empire? Who opposes it?
In Canada, law suits against pharmaceutical companies and medical professionals are prohibited by law. Therefore, the prescription drug industry in the U.S. should be more regulated and subject to price controls
Considering what you have learned about "comparative advantage" and relative "marginal opportunity costs," discuss the advantages and disadvantages to all involved parties.
It is possible for U.S. federal budget deficits to crowd out investment spending in other countries How could German or British investment be hurt by large U.S. budget deficits
Before the Caribbean region can join the global village, it must get its act in order at home to truly understand what it is to be global. Discuss three (3) major areas that Caribbean economies can achieve to complete of regional integration.
Understanding of the ideaof learning curves and how a learning curve applies to specific business specialist. discussion on the concept of learning curve and how it applies to accountants and marketers.
What were some of the reasons for the decline in the import-substituting industrialization strategy in favor of a strategy that promotes open trade?
In 2005, the United States ran a current account deficit of $792 billion. Reassuringly, the same table shows that private foreigners invested $1,212 billion to finance this spending. However some observers expected
Evaluate their skills on analytical aspects of research. The semester essay contributes towards developing the research capability of students.
What skills and knowledge do creative entrepreneurs require in the contemporary creative economy - Specific skills and mindsets required for the creative entrepreneur.
The British government has issued inflation-indexed bonds for many years. (a)Explain briefly how you can form expectations about inflation using the rates on the non-indexed and the inflation-indexed bonds.
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