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Competition Among Traders: Trade Restrictions and Recession
1. Will a country do better importing or exporting a good for which it has a comparative advantage? Why?
2. Why does competition among traders affect how much of the gains to trade are given to the countries involved in the trade?
3. If you were economic adviser to a country that was following your advice about trade restrictions and that country fell into a recession, would you change your advice? Why, or why not?
Illustrate what are some of the considerations in term of opportunity costs that you would have to include in arriving at your decision?
Still remaining including the Ricardian framework, consider that Canada has 100 units of labor available for production while Mexico.
You should suppose that the accident at Chernobyl had no effect on the price of hot dogs or Jane's preference of caviar.
Illustrate what extent are these definitions of economics and happiness similar. To what extent are they different.
Who benefits from a tariff or quota. Illustrate what are the positives and negatives of protectionist trade policies on the federal government's part. Which policy is best right now.
Why might it be difficult for the Fed to formally adopt inflation targeting? Would inflation targeting be a good policy for the Fed in the present economic environment
As the author listed as the 1st profit of creation of approx 1000 private sector jobs. Describe the logic of this statement.
Compute the expected stock price for each firm using the constant growth dividend discount model.
Discuss the consistency of mutual fund performance results, as studied by Goetzmann and lbbotsoni ndifferent between the after tax returns on a corporate bond paying.
Required help using economic theory and applying to real world situations and current events.
Suppose each cake costs the same to make, what is the average cost to produce a cake. Compute Alyssa's labor productivity ration in dollars per hour for each type of cake.
Describe by what percentage would a 10% rise in the price reduce the quantity demanded, assuming price elasticity remains constant along the demand curve.
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