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Costs of compliance and non-compliance with regional trading bloc rules and regulations
A. Identify advantages and disadvantages of being a member of the North American Free Trade Agreement (NAFTA) and the Latin-American Integration Association (ALADI) regional trading blocs. Identify membership conditions for NAFTA and ALADI regional trading blocs and determine whether these will have a positive or negative impact on the bilateral or multilateral relations with the United States.
b. Assess the costs of compliance and non-compliance with regional trading bloc rules and regulations.
c. Analyze the impact of trade transactions among member countries, non-member countries, and other trade blocs.
Suppose the price elasticity coefficient anticipation of the Christmas season. Estimated 4th quarter sales volume will be.
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Enrodes is a monopoly provider of residential electricity in a region of northern Michigan. Total demand by its 2 million households is Q4 = 1,000 P and Enrodes can produce electricity at a constant marginal cost of $2 per megawatt hour.
A company produces two main products: electronic control device3s and specialty microchips. The average total cost of producing a microchip is $300; the firm sells the chips to other high-tech manufacturers for $550. Should the company produce con..
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Earlier this year the Federal Government USA approved the merger between Sirius and XM satellite radio companies. What, if any, shortcomings arise from a monopoly pricing strategy (efficiency and consumer surplus)?
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