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1. Among the problems that hinder growth in developing economies are poor infrastructure, lack of financial institutions and a sound money supply, a low saving rate, poor capital base, and lack of foreign exchange. Explain how these problems are interconnected.
2. What are the arguments for using real per capita GNI to compare living standards between countries? What weakness does this measure have?
Explain at least three important distributional challenges associated with global climate change policy also describe four of the advantages of global price approaches to climate change advocated by Nordhaus.
Based on what you receive as the results of free trade contracts such as NAFTA, would you suggest that President Obama continue on the path of entering into more free trade contracts with additional nations
Country A is on the PPF. It decides to run a budget deficit of 100 billion. Both its potential and actual GDP is 800 billion. What will happen if country A decides to run this deficit? And why? Give a full explanation for this expected result.
Would the interest parity condition change if all foreign exchange transactions were subject to a one percent transaction fees? If not, explain your reasoning.
(1) the price of television sets increases by 4% in Japan, (2) the dollar depreciates by 5% with respect to the yen (Japanese currency), (3) consumer incomes in the U.S. increase by 3%, (4) the price elasticity of demand for imported TV sets in th..
Discuss what opportunity costs do you confront by enrolling in University of Phoenix's MBA program? Does your organization with which you are familiar consider opportunity costs when evaluating strategic opportunities?
The world economy retrenched in wake of a global financial crisis. Did globalization of capital markets contribute to this crisis? If so, what can be done to stop global financial contagion in future?
Until the 25-century, Latin was the language used between the educated and within literature. Research and report on origins of vernacular language, and its spread.
An industry consists of six companies, with sales of $500,000, $400,000, $300,000, $150,000, 75,000, and $60,000. Now, assume that the largest and smallest companies merge.
Critically evaluate the rules and institutions of the Bretton Woods system. What lessons do these features provide for Economic and Monetary Union policymakers?
many U.S. firms chose not to produce in Mexico despite the much lower wages there. Explain why it may not be economically efficient to move production to foreigh countries, even ones with substially lower wages.
If the European slump also leads to a slowdown of the other economies that import goods from the United States, the effect could be larger. Assume that US exports decrease by 5% (as a result of changes in foreign output) in one year. What is the ..
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