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1. "In times of financial instability or wars, countries tend to revert back to protectionism." Explain why.
2. Should absolute advantage be the basis for trade? Explain your answer, using the definitions of absolute and comparative advantage.
3. Many people argue that because wages are much lower in China, U.S. should not trade with China because that would hurt the U.S. economy. What is the fallacy of this argument? Explain using the Ricardian model.
4. Ireland's bilateral trade with the U.S. is much larger than what the Gravity model would predict. Can you give an explanation for this?
5. It is often seen that between two trading partners, one country (typically the developing country) has lower wages than the other country (typically the developed country). Does that mean that the developing country should simply stop trading to improve its wages? Explain using the Ricardian model.
If you save $330 a month for retirement and you can earn a nominal 8.60% rate of return with monthly compounding, how long will you have to wait to retire if you want to have $500,000 at the time you retire?
A diagram of the information flow and any elements controlling proper access to the information it uses
Under the Hospital-Acquired Conditions provision of the IPPS, the Secretary of Health and Human Services has designated several conditions that when acquired during a hospital admission have the potential to reduce MS-DRG payment.
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Compare consequence-oriented decision making and duty-oriented decision making in this case. In your opinion, which method of decision making will lead to the best decision for everyone concerned, or are the methods equal in that both will lead to..
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A $1000 bond that pays annual coupons at 4.5% redeems at par in exactly 3 years from now. If the yield to maturity is currently 5%, calculate the price change (?P), predicted by modified duration, for a 100 basis point decrease in yield.
List and define the three main types of economics systems discovered around the world. Provide an example of each type of economic system.
Explain How comfortable would you be working in a culture like that of SuccessFactors where a certain level of "niceness" is part of the job description?
After reading the journal article by Geerts & Veg-Sala, assess and critique it with respect to its value and usefulness for business executives. How would you change the purpose, focus, and research methodology of the article if you were asked to ..
Which one had the greatest increase in the number of available workers and thus, the possibility of the greatest outward shift in their nations production possibilities curve?
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