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Is U.S. having trade deficits or trade surplus with Canada and Mexico?Remember U.S. imports oil from both countries. Is U.S. demanding for more oil during the recession? Why not?What is happening to oil imports these days?
Explain how current account imbalance create a risk for the global economy. What does the large U.S. current account deficlt tell us about the U.S economy? Are there reasons to be concerned about the size and peresistence of the US current account..
Year 1 Year 2 Quantity Price Quantity Price Oranges 100 $5 150 $5 Pears 100 $3 75 $4 1) what is the growth rate of constant- dollar real gdp using year 1 as the base year What is the growth rate of constant- dollar ral GDP using year 2 as the base ye..
Identify and discuss any two modern day events that illustrate interconnections between countries. Be sure to be specific about the events, and clearly explain ways in which such events evidenced the interconnections between countries.
For each situation, indicate whether you would favor an appreciation or depreciation of the Mexican Peso relative to the US Dollar. a. You own a hotel in Mexico that caters exclusively to American tourists. b. You run a tortilla factory in Mexico
Explain why a country with a large primary goverment budget deficit and high government debt can end up in a vicious cricle where government debt tends to increase faster and faster. Use this analyse the current situation in Greece.
Sometimes when the citrus crop freezes in California or Flordia, the media report that even though there are fewer fruit available for consumers, "the total value of the crop has increased," or words to that effect.
Flexible Exchange Rate - What are the advantages of flexible exchange rates respect to fixed exchange rates? Are there disadvantages?
As a research analyst for PepsiCo (parent corporation for brands including Pepsi, Tropicana, Mountain Dew, Aquafina and more), you have been asked to assess the size of the global soft drink manufacturing industry. Specifically, you need to determ..
Imagine you are an advisor to government of Argentina. Argentina is planning placing a tariff on imports of cotton. Make a report for the president that evaluates this proposal base on the criteria given below.
Draw a graph of the U.S. automobile market in which the domestic equilibrium price without trade is Pd and the equilibrium quantity is Q d. Use this graph to illustrate and explain the effects of a tariff if the United States were an auto importe..
Suppose last year's real GDP was $7,000 billion, this years nominal GDP is $8,820 billion, and GDP-deflator for this year is 120. Determine the growth rate of real GDP?
As the United State dollar appreciates in value relative to the Japanese Yen, what happens to the price of United State goods in Japan? What happens to the price of Japanese goods in United State?
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