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Choose a country you would like to visit and calculate the exchange rate. What was the exchange rate 90 or 180 days ago? Last year? Discuss why now would or would not be a good time to travel to this country from a financial perspective. What about products imported or exported to this country: how are they affected by the exchange rate and how does this affect your personal purchase habits? Web sites to check out are listed below. Be sure to include the sources of your research in your posting.
Bank of America is involved in the banking of over 80 countries and helps countries to finance the government as well as businesses. Bank of America has the largest market share in the banking industry. Is it a monopoly that controls the entire banki..
Given that corruption at Siemens came as a surprise to German society, how credible is the Transparency Corruption Index.
Explain how GDP is measured in your country - analyse and explain who would benefit directly and who would lose directly from such restrictions.
Indicate two ways in which the framers of the United States Constitution were directly influenced by the thought of John Locke. Indicate one way in which they diverted from, expanded upon, rejected, or otherwise revised Locke's thinking.
If a firm experiences diseconomies of scope, then it:
An athletic director was once quoted as saying that he felt his school spent too much on athletics but that it could not afford to stop. Use game theory to model and explain his dilemma.
The average cost of production _______ if there are scale economies, and ________ if there are scale diseconomies.
In the text, we considered a sequential move game in which an entrant was considering entering an industry in competition with an incumbent firm. Consider now that the entrant, if fought, has the possibility of withdrawing from the industry (at a los..
Within a monopolistically competitive industry, it would be expected that:
In the short run, what is the fixed cost for this firm? Find the break-even price and the shutdown price. What would happen if the market price was equal to $1 per unit? Suppose the market price of the good in the short-run is $8 per unit. What do yo..
Efficiency refers to whether a market outcome is fair, whereas equality refers to whether the maximum amount of output was produced from a given number of inputs. When a good is taxed, the tax revenue collected by the government equals the decrease i..
Let us discuss America's imperialist episode in 1898 when, almost point-blank it took four colonies. Was this an aberration or the beginning of a new trend? Can you think about our current times and find any similarities or parallels?
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