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Imagine that Guatemala (which borders Mexico to the southwest) has been invited to join NAFTA. Discuss the most likely static and dynamic effects on both Guatemala and the U.S.
The US cigarette industry has negotiated with Congress and government agencies to settle liability claims against it. Under the proposed settlement, cigarette companies will make fixed annual payments to the government
With the various sectors fighting each other in order to influence Japanese policy-makers, what is likely to happen to the yen and why was the yen strengthened even though the Japanese economy has been in a very sluggish growth pattern for a decade..
The public corporation is owned by multitude of shareholders but managed by professional managers. Managers can take self-interested actions at the expense of shareholders. Discuss the conditions under which the so-called agency problem arises.
Suppose two open economies A and B. In this economy only one good is manufactured for time t = 0 and price P(0,A)=1 Dollar and P(0,B) = 1,5 Euro.
prepare a short research paper on one of the following topics1. trade policy of2. exchange rate policy of3. structural
consider a two country world us and china with only one factor of production i.e. labour and assume they both can
Although the world financial crisis of 2008-2009 began in the U.S. sub-prime mortgage market, it quickly spread around the world. Ironically, foreign assets became viewed as riskier than U.S. assets.
"From 1950 to 2000, manufacturing employment as a percentage of total employment in the US economy fell from 28% to 13%. At the same time, manufacturing output experienced slightly more rapid growth than hte overall economy.
Distinguish between Intermediate goods and final goods
Recently, however, a major competitor launched a new line of athletic shoes. The firm now revises sales forecast downward to 14,000 units, with the unit contribution margin remaining the same. Should the firm cancel the launch?
If the overall level of interest rates in all countries went up, how would this affect the balance of payments of the United States as a net debtor nation?
Ireland and Spain are now in deep economic crises after preceding booms with fast credit growth, house price bubbles and real appreciations. a) Why could not these countries pursue economic policies preventing the earlier booms
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