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Is Globalization Today Really Different than 100 years ago?
1. What are some of the differences between the two globalizations discussed in the paper?
2. What evidence do the authors provide to show that trade today is more important than a 100 years ago?
3. What misconceptions about the differences do the authors address?
4. What is the role of information asymmetries in explaining differences between the two globalizations?
Utilizing productive efficiency as guide, which nation should produce Chevrolets and which should produce Toyotas.
The Cost of a Flower Business. Jen left a job paying $60,000 per year to start her own florist shop in a building she owns. The market value of the building is $80,000. She pays $40,000 per year for flowers and other supplies
Illustrate would be its profit-maximizing cost if the company were to build the bridge.
For lunch, Ada prefers to eat soup and bread in fixed proportions. When she eats X pints of soup, she prefers to eat 2X ounces of bread. If she has X pints of soup and more than 2X ounces of bread, she eats all the soup along with 2X ounces of bread ..
Suppose that the US dollar interest rate and the Swiss Franc interest rate are the same, 5 percent per year, but that there is a risk premium of 1 percent associated with holding Swiss Franc rather than US dollars over the year. (b) If the expected f..
q.suppose two individuals smith and jones each have 10 hours of labour to devote to producing either ice cream x or
The internal rate of return on an investment refers to the interest rate earned from the income of an investment. The meaning of Internal Rate of Return is best stated as a measure of the interest rate that makes the incomes and the expenses equivale..
Why might a U.S. trade deficit be preferable to a U.S. trade surplRunning a trade deficit allows a country to consume more than it produces. Americans acquire more foreign assets under a trade deficit than they do under a trade surplus. Under a trade..
Voters in the State of California decide that the tobacco industry is having too great an impact on the outcome of local referenda limiting smoking in public places.
What can you conclude about the firm's use of its resources versus other options (or alternate uses)?
Use the algebraic form of the aggregate demand curve to find the level of GDP that occurs when the money supply is $900 billion and government spending is $1200 billion. Repeat all the previous calculations if government spending increased to $1300 b..
A project has a net present worth of - $14000 as of January 1, 2018. If a 9% interest rate is used, what is the project NPW as od December 31, 2015?
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