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If the United States gave Pakistan $1 billion for environmental clean-up of its water system, but a large portion of the money was diverted to be used for purchasing weapons,what would this be an example of in economic terms?
Describe the economic cost of most international trade less than economic benefit of that trade for both the firms and nations involved using trade and comparative advantage economic theories.
Next, suppose that the CAD to U.S. dollar exchange rate moves to $.96 CAD = $1 US. What is the new Canadian dollar price of an iPhone Other things equal, would you expect Canada to import more or fewer iPhones at the new exchange rate
A company that produces T-shirts and sells its items in a perfectly competitive market. The manager forecasts the wholesale value of T-shirts next year to be $7.00.
Choose a United States multinational corporation. In terms of currency denomination, explain how the company prices its revenues and costs.
Josephine makes $100 a day as a flower shop attendant. She takes off two days of work without pay to travel to another city to attend her sister's wedding. The cost of transportation for the trip is $180 round trip.
The U.S. Postal Service (USPS) operates at a loss but its closest competitors - UPS and FedEx - both operate at a profit. Suggest how fixed costs have contributed to the situation of the USPS. Provide support for your response.
The German Chancellor Merkel stated that Europe is facing the biggest difficulty since WW2. Why? Determine the nature of this trouble?
What global social interests or responsibilities, if any, do we have as consumers to the losers of globalization? Discuss and justify your postings and responses with other students in our course.
Dumaine Equipment Corporation closes its books regularly on December 31, but at the end of 2007 it held its cash book open so that a favorable balance sheet could be created for credit purposes.
If real exchange rate is equal to nominal exchange rate then, If a Big Mac hamburger sells for the same dollar value in Tokyo as in Los Angeles then
Show the relative wage in Home lies in between the relative productivity of labour of two sectors using the information you obtained from parts j and k.
Assume that on January 1, 1999 spot exchange rate was Yen/£=198. Over the year, British inflation rate was 4 percent, and the Japanese inflation rate was 6 percent.
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