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Q. Are you for or against free trade? Are you for or against NAFTA? Illustrate what is the economic basis for trade? Explain the underlying facts that support free trade also give an example of a good that you purchased recently that is based on resource differences. Illustrate what are some examples of goods that the U.S. has comparative advantage in producing? Take a look at the tag of the shirt/dress/pants you are wearing today. Where was it made? Anyone wearing "Made in America" items of clothing today? We sometimes hear people say "Buy American." Why don't we? Illustrate what is the basis of international trade? Illustrate what are the benefits also the costs? Under Illustrate what conditions would you advocate for trade restrictions?
Find the SPNE of this game. Is there an outcome of the game that both parties prefer to any SPNE? Also find a NE for which the outcome differs from any SPNE outcome.
How will you consider the structure of the fresh salmon industry to calculate the forecast. Will you advise the firm to enter the industry.
Illustrate would the gross receipts of strawberry growers be if the crop turned out to be 30,000 cases.
What do you think Indonesia's best interests were served by limiting Cemex's FDI in the country.
Show that these choices are inconsistent with expected utility maximization.
Refer to the Real Estate data, which reports information of homes sold in the Goodyear, Arizona, area during the last year. Prepare a report on the selling prices of the homes.
Illustrate what are the implications of savings and population growth at steady a state in the Solow's neoclassical growth model.
Elucidate how on your diagram also calculate the profit maximizing output also price. Calculate the consumer surplus at the profit maximizing price also quantity.
Discuss some of the methodological and measurement problems one might encounter in using time-series data to estimate the parameters of this model.
Why might price collusion occur in oligopolistic companies. Evaluate the economic desirability of collusive pricing.
A brewery is considering two potential production investments.
So if trade barrier is reduced the Chinese economy will go down also affects the economy of the whole world. Do you agree or disagree with this argument.
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