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1. Discuss the relationships between ‘economic growth' and ‘development'.
2. Is development conceivable without economic growth?
3. Why are Saudi Arabia and Libya still considered to be developing countries?
4. What are the main drawbacks of the use of GNP per capita as an indicator of economic development?
Finite and rigid uniformity would result in different information being received by users of financial statements. What difference would this make in terms of resource allocation when viewed from a macroeconomic standpoint?
Assume that the government buys are increased from 100 to 150. How much does the IS curve shift? What are the new equilibrium interest rate and level of income? Describe it.
Environmentalists discuss that the trade liberalization harms the environment. The decisions of World Trade Organization in particular have been the subject of much criticism.
question 1adiscuss the advantages and disadvantages of free international trade.bassume that two countries are
Discuss some of the reasons why international trade is more difficult and risky from the exporter’s perspective than is domestic trade.
A local chain store has asked Columbia to produce 10,000 loaves of the wheat bread per month with the store's name on the packaging. The store brand wheat will be identical in ingredients as well as technic of production. Estimates are sales of 10..
Over the past decade, some of Chinese saving has been used tofinance American investment. For example: Chinese havebeen buying American capital assets. a) If the Chinesedecided they no longer wanted to buy US assets
1. what did von mises and the libertarians feel was the greatest flaw of socialism?2. what happened in austria and
Describe why the United States would subsidize short run cost of production for tobacco farmers in foreign nations. Do these practices guarantee the tobacco farmers a profit in short run?
Explain why would we expect the difference in the one year interest rate on the dollar vs one year interest rate on, the Euro or any other freely convertible currency,
Suppose Congress cuts spending for the military, and then unemployment rises in the U.S. defense industry. Is there causation in this situation, or are we observing an association between events
in march of 2012 president obama signed a trade bill into law that will punish china for keeping the value of its
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