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Question1. Discuss what is the gain for a country that results from specialization in the manufacturing of items for which there is a comparative advantage?
Question2. Explain why do governments intervene in international trade and develop restrictive trade policies?
Martin Feldstein and Charles Horioka of Harvard University discusses that in a world of perfect capital market integration, there should be little long term correlation in domestic saving and investment.
Determine the main costs of production for the goods or services your organization supplies? Breakdown the costs from the largest to the smallest.
Suppose last year's real GDP was $7,000 billion, this years nominal GDP is $8,820 billion, and GDP-deflator for this year is 120. Determine the growth rate of real GDP?
Most nations are interdependent where trade is concern. We all depend on each other. Should America aim to be self sufficient in the production of goods and services, rather than depending on other nations for trade?
Which are preferable and why, fixed, flexible, or a mixture of the two exchange rates? What nations have officially dollarized their economies. How does United States benefit from it?
Some nations do not protect human rights in the similar manner as the US. At times, the U.S. should threaten to restrict United States imports from or investment in a particular nation if it does not correct human rights violations.
The world is becoming increasingly interdependent, and bank's consumers have rising choices in where and how they do their banking.
Smith is a currency trader and reviewing forward foreign exchange rates. His investors have made several statements regarding foreign exchange rates.
Discuss why do many economists believe that the market system is the most efficient economic system for allocating resources?
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.
In one day, Canada can manufacture either 200 tonnes of wheat or ninety tonnes of copper ingots. In one day, Chile can manufacture either 120 tonnes of wheat or 175 tonnes of copper ingots.
In the IS-LM curve model, examine the effect of an autonomous rise in saving that is matched by a drop in consumption, describe which curve would shift?
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