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International trade has pros and cons. Economists generally supports free trade. International trade has played a significant part in promoting economic development and technology transfer among countries. There are also various arguments in favour of restricting international trade: protecting jobs, defending national security, helping infant industries, preventing unfair competition, and responding to foreign trade restrictions. 1. What is the impact of free trade on domestic job creation policy? Elaborate with examples. 2. What the impacts of outsourcing and off-shoring on trade liberalization (globalization) and economic structure? 3. What are the pros and cons of importing cheap goods and services?
If the on-campus demand for soda is as follows: what price will students end up paying in a perfect competitive market? a monopolized market?
Describe how the substitution effect and the income effect influence the slope of an individual's supply curve of labor.
when A person buys a car in a congested urban area it generates illustrate what type of externality.
The treasurer of a firm noted tha many invoices were received with the following terms of payment: "2%- days, net 30 days." Thus, if the bill is paid within 10 days of its date, he could deduct 2%. Or the full amount would be due 30 days from the inv..
Depends on the evidence in this article and what you know about the economy in the United States, decide which of these statements is most likely to be true.
What do you think of Coca-Cola's environmental initiatives? Are they just window dressing , or does the company seem to be sincere in its efforts?
Describe the nature oft eh incentive conflict between VCs and the managers, identifying the principal and the agent.
Explain why monopolistically competitive firms frequently prefer non-price competition to price competition. Do you agree. Why.
Principles of Economics: Supply and Demand Curves. It is important that you are able to apply demand and supply analysis to events that you experience or read about in your life.
The interest rate generally considered to be the best indicator of day-to-day money market conditions and the one most directly monitored/targeted by the Fed is:
A firm sells its product in a perfectly competitive market where other firms charge a price of $80 per unit. The firm’s total costs are C(Q) = 50 + 12Q + 2Q2. How much output should the firm produce in the short run? What price should the firm charge..
Suppose that a restaurant offering Ethiopian cuisine opened in a well diversed city. and became a great success. What would you predict would happen in the restaurant market for that city? Draw a graph illustrating the likely changes in the shape and..
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