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51. Q1. Clarify "export promotion policies" as well as "import substitution policies" with examples of countries that successfully or unsuccessfully pursued these policies. Why was one policy successful but not the other? In your opinion, could all LDCs possibly thrive had they followed the successful strategy between the two? Why or why not?
Q2. Should the seniority rule be eliminated, what is MOST likely to gain greater influence over the process of selecting committee chairs?
A business cycle fact is that real wages are pro-cyclical. Using the classical labour market as we have all semester, show and explain how the classical economists explained this business cycle fact.
An increase in the number of varieties of a good regarded as a gain from trade. Can you think of economic disadvantages associated with greater product variety.
Country Z is a developing country that is facing problems of deforestation.
Enterprises conduct business transactions with other enterprises for a number of economic, business and strategic motivations.
If the company issues debt to finance the project what would be the value of the company. What would be the value of the levered equiy.
Illustrate now have to lend out how much does this bank if it decides to hold only required reserves.
Assume that health insurance begins to cover hip replacement surgeries that everyone interested in getting a hip replacement has health insurance.
By how much should domestic auto-makers increase the cost of automobiles if they wish to increase sales by 5 percent next year.
Outline reasons why the marginal revenue product differs between workers in different jobs.
Elucidate the value of a trucker's life disguised by compensating discrepancy among the two firms.
The quantity demanded of the resource in each year is given by the equation Qt = 10 - Pt . The marginal cost of extraction is zero.
The terms of trade if the united states trades 1 can of soda for 5 units of clothing.
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