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Provide three arguments for trade restrictions. Since economists do not favor trade restrictions, make the case as an economist against trade restrictions for these three items. Are there any arguments for trade restrictions that most economists would support? Discuss.
In exchange for a $20,000 payment today, a well known company will allow you to choose one of the alternatives shown in given table. Your opportunity cost is 11 percent.
Examine how wage inequality is measured and if it present in your selected industry. My Selected industry is the automotive industry.
The health care industry desires to get bigger and that its only option is a merger. Now the industry is confronted with the government regulations to oversee merger.
If we do engage in foreign trade, should we bound foreign trade to country's that engage in fair trade throgh giving us access to domestic markets and reciprocal import tariff decrease that mirror our tarriff reductions on our imports from them?
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.
Discuss how does Heckscher-Ohlin theory differ from Ricardian theory in describing international trade patterns? The theory shows how trade affects distribution of income within trading partners.
Identify the funding mechanism of the project, and the sources of funding. Identify the key players or stakeholders of the project. Who is supposed to benefit from the initiative?
Is it not right to use the total revenue test for elasticity, when there is a direct relationship in price and total revenue the demand is elastic?
Assume that the market is explained through the following supply and demand equations, Determine the equilibrium price and the equilibrium quantity.
Information covering the most recent thirty days are given in the following table for the value per gallon of regular gasoline at a local station.
An article written immediately after re election of George W. Bush referred to his environmental rule system where power plants purchase and sell the right to pollute in form of emission credits,
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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