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Economics
As an international economist you have been asked to prepare a short speech which answers the following questions:
1. How does the Heckscher-Ohlin theory differ from Ricardian theory in explaining international trade patterns?2. The Heckscher-Ohlin theory demonstrates how trade affects the distribution of income within trading partners. Explain.3. How does the Leontief paradox challenge the overall applicability of the factor-endowment model?4. According to Staffan Linder, there are two explanations of international trade patterns-one for manufacturers and another for primary (agricultural) goods. Explain.
Sketch a supply and demand graph to explain this change. Be sure to label your graph and clearly indicate the change of the curve.
Is your employee affected by increases in the minimum salary. In what way is your employer affected by minimum wage increases.
If the price of a good decreases, the substitution effect shows the increase in the quantity of the good demanded, holding income constant.
Elucidate which of the following theories of expectations holds that individuals usa all information available in forming expectations.
Could you please explain fully the difference among an increase in demand and an increase in quantity demanded, by giving an example of what would cause an increase in quantity demanded and please illustrate the effect of such an increase with a ..
Describe how a correctional officer's pay is determined and how the salary is structured. Discuss what your chosen state can do to increase the supply of correctional officers.
Describe the recession we have seen a significant increase in unemployment. Use the model of supply and demand to illustrate what has happened.
Describe the total cash flows in real terms and the depreciation tax shield. What is it that has you concerned.
Explain the advantages and disadvantages of using a change in the tax rate to achieve the desired increase in output.
Illustrate what would be a monetary policy prescription to reduce or eliminate deflation. How would deflation affect your business or a business you are familiar with.
Illustrate the difference among the law of diminishing marginal returns and the law of diminishing marginal rate of technical substitution.
Your company is considering expanding overseas. It is particulary interested in developing markets, and narrowed its choice down to two countries, A and B.
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