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From 1991 through 2001, Japan experienced a period of economic stagnation and price deflation known as "Japan's Lost Decade." While the Japanese economy outgrew this period, it did so at a pace that was much slower than other industrialized nations. During this period, the Japanese economy suffered from both a credit crunch and a liquidity trap.
Identify the lessons learned from Japan's Lost Decade and discuss their relevance to the US economic situation in 2008-2009.
An article written immediately after re election of George W. Bush referred to his environmental rule system where power plants purchase and sell the right to pollute in form of emission credits,
You are planning a trip to Australia. Your hotel will cost you A$145 per night for seven nights. You expect to spend another A$2,800 for meals, tours, souvenirs, and so forth. How much will this trip cost you in US dollars given the following exch..
The company is currently evaluating the merits of building a new plant in order to fulfill a new contract with the federal government. The alternative to expansion is to use additional overtime, reduce other production, or a combination of both.
The given table lists the stages needed in the production of a personal computer. Determine the value of the computer in the GDP?
Oceania buys $40 of wine from Escudia and Escudia buys $100 of wool from Oceania. Supposing this is the only trade that these countries do. What are the net exports of Oceania and Escudia in that order
essay on Research how the value of Chinese currency is determined and what political pressures are being placed on the Chinese government to change their method of determining their currency's value.
Trade liberalization makes poor nations worse off because it displaces domestic production. It would be better to save fledgling domestic manufacturers from import competition in order to endorse industrial development.
If so, describe what impact this might have on (1) U.S. balance of payments, (2) Chinese balance of payments, (3) relative competitiveness of Mexico and Thailand, (4) firms such as Wal-Mart, and (5) U.S. and Chinese retail consumers.
Would there ever be an instance in which a relatively small nation could profit from comparative advantage with a much larger nation?
Think the problem of maximizing u(c,l) subject to pc + wl = w + y, where c is consumption, l (element of (0,1)) is leisure time, and y is non-wage income.
Describe the pros and cons of each. If your company intends to purchase products from a foreign source, how will you protect it from risk of financial loss? Support and defend your choice.
Evaluate the relationship between the European Euro crisis in 2012 and the American economy. Assess how this affects American businesses and decisions made by mangers related to sustainable profitability. Provide examples with your response.
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