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Q1. On one hand, the WTO's role in international trade is becoming more significant. On the other hand, its verdict on the Brazil's Embraer versus Canada's Bombardier case did not seem to solve the problem. Discuss.
Q2. Often it is claimed that banks create money by making loans. How can commercial banks create money? Is the government the only institution that can legally create money?
Jet Blue Corporation continuously offers fare discounts to attract customers awareness about the company, increase market share and increase revenues on the routes in the USA market.
Explain why purchasing power parity measures of income levels tend to show smaller differences between poor and rich country
Eastman Kodak filed for a bankruptcy in January 2012. Using our analytical framework of nine areas of interest introduced in class explain the main causes of the company's misfortunes.
Give an example of a product you consume for which your marginal utility increases with the amount of your consumption
What are some examples of behavior that at one time wire victimless crimes that are no longer criminal.
We also observe that the proportion of workers receiving disability benefits is much lower in the US than in the latter two nations. Are these findings consistent with the work-leisure model.
Selling stocks. Suppose you have two stocks A and B. One falls in price and or increases. If you only care about rates of return, which one should you sell?
Compute the unemploymet rate and the labor forceparticipation rate,and compare thse raes wth those in the United States in 2009.
What are the advantages and disadvantages of each method. What do you suppose led each company to make their choices.
If ABC adds an assembly line for the product and XYZ does not follow with a competitive product.
Compare social welfare under the bribe with social welfare in the case where the police officer always abides by the law.
Show the equilibrium effects on consumption and hours worked of and increase in G of this type are ambiguous but that output increases.
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