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Theories of comparative advantage
How would each of the following theories of comparative advantage explain the fact that the United States exports computers?
a. Productivity differencesb. Factor abundancec. Human Skillsd. Product life cyclee. Preferences
13. Suppose the world price of kiwi fruit is $20 per case and the U.S. equilibrium price with no international trade is $35 per case. If the U.S. government had previously banned the import of kiwi fruit but then imposed a tariff of $5 per case and allowed kiwi imports, what would happen to the equilibrium price and quantity of kiwi fruit consumed in the United States?
Explain how will unskilled workers adapt to a workplace requiring more skilled workers and fewer unskilled workers.
Describe regarding the best solution for preventing someone from making illegal copies of music files.
After two years the City of Plentiful is faced with a fiscal crisis and decides that it wants its garbage back.
Identify the marketplace structure of the electronics retail sales industry. Discuss possibility of short-run and long-run profits in that industry.
Elucidate the interpretation of the coefficient b. Do the demand functions satisfy the relevant homogeneity conditions.
Consider a competitive market for which the quantities demanded and supplied (millions per year) at various prices are given as follows:
Show how a UK exporter can avoid exchange risk by covering in either the spot market or the forward market. When will the exporter be indifferent between these two forms of cover.
Elucidate the organization/industry continue, expand, or reduce current operations in order to maximize profits. Explain your reasoning.
The largo Publishing House uses 400 printers and 200 printing presses to produce books. A printer's wage is $20 and the price of a printing press is $5000.00. If not, how should the manager of Largo Publishing house adjust input usage?
Using the static classical AD/YP model, demonstrate the effect of each of the following changes.
Make a brief memo advocating that the project should be chosen and also explain why.
Provide separate arguments to support your claims as to their slope, curvature, and the direction of increasing utility.
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