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When the British government tripled university fees for foreign students in Great Britain, about one-half of them left to study in other countries." What is the implied price elasticity of demand by foreigners for a British education is (in absolute value). Explain. What do you think happened to university revenues from foreign students in Great Britain?
The dollar has being weaker against other currencies ever since Bush administration took office. The government did nothing to stem the refuse. From the point of view of economic policy, what would you think was the cause?
Consider trade relations between the United States and Mexico. Assume that the leaders of the two countries believe the payoffs to alternative trade policies are as follows: United States' Decision Mexico's Decision Low Tariffs U.S. gains $25 billi..
Velocity in the country of nemedia is always stable.In 2001,the money supply was 100 billion and real GDP was 300 billion .in 2002,the money supply increse by 10 percent,real GDP increased by 5 percent and nominal GdP equaled 660 billion.by how m..
The US presently has a current account deficit with Japan. Determinje what would happen to the dollar or yen spot exchange rate and the current account deficit if there were a decrease in Japanese investment in the U.S.?
"Time" magazine, Canadian edition, has recently published an article on U.S. agricultural subsidies titled "Why our Farm Policy is Failing", November 2nd, 2007.
The key factors that affect the success of international projects are: selecting the right projects, selecting the right parteners, providing an effective leadership Discuss why these factors are vital for the success of international construction pr..
Suppose that Norway (country 1) and Russia (country 2) are the only two natural gas exporters to Germany. The inverse demand curve is P= 100-Q, where P is price and Q is the total quantity in the market. Costs are C1=Q12 and C2=10*Q2, where C1 and..
Assume a soft drink company is grappling with decision about whether or not to introduce to the market a new carbonated beverage with 25% real fruit juice.
The Republic of Republic produces 2-goods, marshmallows and soda water. In 1994, the one hundred units of MM produced sold for $3 a unit and 50 units of SW produced sold for $1 a unit.
A European Call Option on a non dividend paying stock where stock value is $40, the strike price is $40, the risk-free rate is 4 percent per annum, the volatility is 30 percent per annum,
The government has 3-bureaues that predict the impact of legislation and information so administration and Congress can make rule.
Assume that a nation declares that it is moving toward free trade through decreasing its tariffs on intermediate inputs while maintaining its tariffs on final goods.
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