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Message: Watch the video from the U.S. Commercial Service about how U.S. Commercial helps U.S. firms to export their products
(https://www.youtube.com/watch?v=guDyUscKIwU) and discuss on the following question
• Why does the U.S. government need to intervene in international trade by setting up the U.S. Commercial Service?
• What are the effects of new information and communication technology, such as internet, on the international trade theory?
Answer the questions with your original thoughts on the questions by writing in 2 pages . Cite appropriately if you are borrowing anything from any work.
Why do American households and businesses buy things from foreigners? What are the characteristics of the items we buy from foreigners? What are the characteristics of the things we sell to foreigners?
1) Define the current state of our economic health in the United States. You should include statistics (inflation, unemployment, and GDP) to confirm the direction. 2) Explain who is in charge (and who assists) with the stabilization of the economy ..
SUPPOSE THE WORLD PRICE FOR STEEL IN BELOW THE U.S. DOMESTIC PRICE, BUT THE GOVERNMENT REQUIRES THAT ALL STEAL USED IN THE U.S. BE DOMESTICALY PRODUCED. A. USE A DIAGRAM TO SHOW GAINS AND LOSES FROM SUCH A POLICY.
The following table explaines the production possibilities of 2-cities in the nation of Boston, determine the price of white socks in terms of red socks in Boston?
Shane has never filed a tax return despite earning excessive sums of money as a gambler. When does the statute of limitations expire for the years in which Shane has not filed a tax return?
Discuss and explain why business and consumer expectations about the economy are more important when the Fed uses expansionary monetary policy then contractionary monetary policy.
Suppose a scenario where you are an entrepreneur considering to increase your production of kitchen gadgets. You need to pay back a loan of $5,000,000 over 5-years.
State three measures that the European Union could take to help Less Developed Contries. Comment on the effectiveness of each measure.
Assume that the production technology of a self proclaimed infant industry allows economies of scale. Assume also that the same technology is available to foreign manufactures.
Over the last 30 year in the US, the real price of a college education (i.e. after adjusting for inflation) has increased by almost 70 percent. Over the same period, an increasing number of high school graduates have sought a college education.
Analyze news from a global newspaper delivering a report that could be useful for your company to take a managerial decision.
A country has domestic investment of $100 billion. Its citizens purchase $500 of foreign assets and foreign citizens purchase $300 of its assets. What is national saving
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