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What are the major arguments protectionists use to justify trade barriers? Which of these arguments do you agree with? Disagree with? Why is protectionism still so powerful politically?
Suppose labor productivity differences are the only determinants of comparative advantage, and Brazil and Chile both produce only coffee and sugar. In Chile, either 5 units of coffee or 2 units of sugar can be produced in one day. In Brazil, a day of..
In many countries bribery is actually an accepted, understood, and expected way of doing business. To this end, you own a company and you’re in, of course, a competitive market. What is the relationship between corruption in a country (i.e., bribe-ta..
What is smallest integer price that would make a firm willing to produce a positive amount. Suppose that Dent Carr's long-run total cost of repairing s cars per week.
Lay out the arguments forand against trade treaties like NAFTA, and/or for the process of"globalization" of the U.S. economy. What do you think? What is your position, positive or negative, and why do you think so? Paterson, which now has lost most o..
Fully describe three (3) measures for assessing the effectiveness of a sales force as a whole. Explain why they are important, what they determine, and how sales managers apply these criteria to sales force performance evaluations.
Suppose that the citizens of Hungary can purchase all the oil they desire at the going international price. If the Hungarian government levies a tax on oil, who bears the burden? Illustrate your answer wit h a supply and demand diagram.
Empirical evidence suggests that most of the male-female wage differential is due to:
Think of any financial innovation in the past ten years
Explain the output effect and the price effect for an oligopoly. How does each influence the oligopolist's production decision?
U.S. Budget Deficit: Visit the website of the Congressional Budget Office and find the U.S. Federal deficit (surplus) and total debt. As late as 1992, the United States was running budget deficits of nearly $300 billion.
To what extent does educational planning in the policy decision ought to be guided by economic considerations
The People's Bank of China, the country's central bank, raised the reserve requirements of its top commercial banks to put a squeeze on the credit market
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