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Discuss why can not one nation have a comparative advantage over another nation in production of everything if the 1st country has excellent natural resources, a huge capital stock, a highly skilled labour force, and ingenious technicians and managers, while the second country is poor in all four areas?
Define Phillips curve suppose the economy's aggregate supply curve is stable, how would an increase in aggregate demand affect the unemployment rate and the inflation rate?
Argyle is a huge, vertically integrated company that produces sweaters from a rare type of wool manufactured on its sheep farms. Argyle has adopted a approach of selling wool to firms that compete against it in the market for sweaters.
Two firms, firm A and firm B, are deciding whether each should implement a new pricing strategy, which may or may not result in a value war.
The firm produces a global positioning system that sells for $1,000 with costs of goods sold of 48 percent of sales. Compared to the US, China offers a 6 percent cost reduction
Describe how the following events would effect market for South Africa's currency, the rand, suppose a floating exchange rate.
You are between jobs and have decided to relocate to a city west of the Mississippi River, but you are unsure of what size or type of city you and your family can afford to live in.
Suppose the spot exchange rate in dollars and yen is e=$1/100yen. The interest rate on a 6 months dollar denominated assets is i($)=1 percent and interest rate on comparable 6 months yen denominated assets
Adele Corporation is planning the replacement of some electric generating equipment by a more efficient, technologically advanced model.
Following the reduce in the demand for the Baht, has the Baht appreciated or depreciated in relation to the United State dollar?
Our economy thrives on competition. Market forces will lead companies to manufacture the mix of goods most desired. Unforeseen events can be responded to in a rational manner.
From the following data, calculate the average annual return, the variance, standard deviation,and coefficient of variation for each asset.
Suppose if you were President of the United States and you were making decisions on trading, would you rather have a comparative or absolute advantage in trading?
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