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Globalization case
1. Using the article, discuss the factors that played a role in Apple's decision to locate to China.
2. How has globalization impacted Apple's production of the iPhone? Make sure to use concepts discussed in class.
3. Using the article, explain one benefit and cost of globalization.
4. Should Apple bring the manufacturing back to the United States? Discuss using concepts that we have covered in this class.
a.In certain industries, firms buy their most important inputs in markets that are close to perfectly competitive and sell their output in imperfectly competitive markets. b.Cite as many examples as you can of these types of businesses.
suppose that several years from now the yield to maturity on 2-year treasury note was 4.85 while the yield on a 1 year
Johnston production is the price taker which utilizes this cost structure in the short run:
Adrian is about to borrow $2,814 from his uncle. He has an option to repay the loan at the end of year 5 with 9.62% simple interest per year or with 5.36% interest per year, compounded annually.
In a one-shot game, if you advertise and your rival advertises, you will each earn $5 million in profits. If neither of you advertise, your rival will make $4 million and you will make $2 million.
What are procyclical industries? Countercyclical industries?
Consumer preferences for various commodities did not change during the analysis. In some situations, however, preferences do change as consumption occurs.
Ricardian model under free trade, if the MPL in the industry you are not specialized in increases, without changing patterns of comparative advantage, real wages will not change.
discuss what types of activities comprise the notion of transaction cost. describe how transaction cost in private
Analyze the effect of the political economy on trade agreements and policy - Analyze the various countries to which the United States actively trades or has an embargo upon.
Economic profits are:
a multinational company globalcorp produces personal care products oriented toward middle class consumers and it is
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