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2. How would each of the following theories of comparative advantage describe the fact that US exports computers?
a. Productivity differencesb. Factor abundancec. Human Skillsd. Product life cyclee. Preferences
13. Assume that the world value of kiwi fruit is $20 per case and the United States equilibrium price with no international trade is $35 per case. If the United States 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?
In two paragraphs, explain the idea of "return versus risk" and describe how you would use it in selecting a new investment portfolio. Describe how and why you used this idea when you chose your original two stocks.
As trade blocks continue to expand, what will be impact on American business, in terms of how businesses create value through integrating the production and distribution of goods, services, and information?
Suppose you are the Economic Advisor to the President of the U.S. Your task is to make a framework for economic policy and issues. During one of your briefing sessions in the White House,
The G-20 issued a statement Saturday indicating creating nations we unlikely to back off their demands that created nations do away with subsides and tariff barriers from their farm products.
In 2006 the hourly cost to workers per German industrial employee was $33. The hourly expense to employers per United States industrial employee was $23.65 while the average cost per Taiwanese industrial worker was $6.38.
The table given below shows the values of two goods. Assume wheat is produced in the United State and coffee beans are produced in Kenya.
Describe some models that forecast the effect that reducing protection Tariffs will have on factor prices Labour and capital.
Coffee is a commodity that is developed, processed and shipped all over world. Research coffee on Internet. Please examine and try to find information on the market for coffee to support answers.
Following the reduce in the demand for the Baht, has the Baht appreciated or depreciated in relation to the United State dollar?
Assume that the Kiribati can manufacture 1000 tons of breadfruit or 500 tons of fish, and that Tuvalu can manufacture 750 tons of breadfruit or 1875 tons of fish.
As the United State dollar appreciates in value relative to the Japanese Yen, what happens to the price of United State goods in Japan? What happens to the price of Japanese goods in United State?
Steve Kafka, an American of Czech origin and a franchisor for Chicago Style Pizza, has make decision to increase his business into the Czech Republic.
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