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Based on our readings of the two papers, given the irreversible phenomenon of offshoring, what should be done by stakeholders to maximize the benefits of offshoring for the majority of the people in both the host and the home countries? Discuss briefly.
What are transnational corporations and how are they different from other business firms Why have the MNCs become more important in international political economy during the past three decades What kind of economic and political impacts do they have..
Draw the opportunity set of a consumer with an income of $1200 who faces prices of Px = 10 and Py = 5. What is the market rate of substitution between the two goods?
Excludability matters because it: Any cost that is imposed without compensation on someone other than the person who caused it is called: Correcting a market with an externality through taxation is _________ correcting it through a quota. Calculate t..
There is full employment, with an inflation rate of 10 percent. There is no inflation, but 10 percent unemployment.
Explain the replacement effect, which may cause monopoly firms to innovate less rapidly.
Calculate the average cycle stock for this item using the order quantity in part a.Assuming there are 12 periods per year, calculate total cost per year.
An engineering firm can lease a measurement system for $1,000 per month or purchase one for $15,000. The leased system will have no monthly maintenance cost, but the purchased one will cost $80 per month. At an interest rate of 0.5% per month, how ma..
All other things remaining equal, which of the following changes would cause the AD curve to become steeper? To become flatter? an increase in the interest-rate responsiveness of autonomous consumption? an increase in the interest-rate responsiveness..
Suppose that in the short run k=100. Moreover, wage of labor is w=5 and price of the product is p=10. What are the optimal units of labor?
A small town in rural lowa has one large factory that employs the workers in the town.Major League Baseball is an example of what labor market model?
"There are times when the goals of the FED are in congruence with those of commercial banks and there are times when they are in conflict." Do you agree with the statement? Why or why not? Limit your response to one paragraph.
In August 2008, Mexican Pesos ere trading at $0.10 on the foreign exchange market. By November, they were down to $0.07, a decline of 30%. Explain the fall in the price of a Peso using supply and demand curves. In words, explain the rise in the price..
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