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Consider a hypothetical example of trade between the United States (a developed country) and Brazil (a developing country) is as followU.S. Exports ($b) to Brazil U.S. Imports ($b) from BrazilLotion & Powder 80 65Perfume 70 120Fragrance 100 70Find:a. the total trade ( TT) between the US and Brazilb. the net trade (NT)c. the intra industry trade (IIT)d. the intra industry trade share
If a recessionary gap were to appear, how might the economy adjust? Can/should we rely on it to adjust itself? Is it possible that the economy will never adjust to a gap, and things will just get worse and worse?
assume that canada imports 1 million pairs of shoes from china and none from mexico. a 50 tariff is added by canada so
Analyze the most significant economic effects of the researched issues on healthcare industry. Provide at least two (2) examples of these issues to support your response.
What is the equilibrium levels of real output and what is the equilibrium real interest rate
Can you tell from the available information which product will generate the most revenue? If yes, why? If not, what additional information do you need?
The market for Sugar beet is in equilibrium at P = $15 and Q = 229995. The price elasticity of demand is -1. The price elasticity of supply is 0.6. Now assume that the government imposes a quota which reduces supply to 183,996
the following questions address some of the price and output decisions faced by firms other than those found in perfect
country x can produce either 30 tons of vegetables or 30 tons of chicken. country y can produce either 20 tons of
Redstone Clayworks, Corporation is located in Sedona, Arizona and creates clay fire pits for patios. They are one of about two dozen companies around the world that produce and sell clay fire pits for retailers such as Home Depot Lowe's Front Gate
Describe the current state of the economic factors and analyze how unemployment affects aggregate supply and demand.
suppose Arnor and Gondor are two very similar countries that started out with identical population, technologies, etc. except that Gondor has a much higher mortality rate due to a more hazardous geographical location.
How should the firm allocate production?—How much should Factory #1 produce and how much should factory #2 produce?
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