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1. What is a trading bloc and a trade concentration ratio, and does it make sense that trade concentration ratios should be greater than +1?
2. What kind of trading bloc is NAFTA and how has it influenced trade within the bloc?
3. In terms of trading bolc characteristics, how does the EU compare with the 50 States in the U.S.?
4. What is the difference between trade creation, trade diversion, and trade deflection and, given the fact that the volume of world trade is increasing, how would you rank their relative importance?
5. What is MFN status and does the U.S. extend MFN status to China?
6. What is multilateralism and how has it been influenced by trade regulation and regional trade bolcs?
7. Is the Port of Catoosa a regional trade bloc?
The overall effectiveness of the organ procurement system in the United States. What are its strengths and weaknesses.
Suppose we have the following information about the productivity of two industries in USA and Mexico. The unit labor requirements are given in the following table. Plot production possibilities frontier (PPF) for each country assuming that each count..
Elucidate how the presence of imperfect information also asymmetric information provides theoretical reasons for financial intermediaries to exist.
Elucidate why relatively flat as opposite relatively steep worker demand curves are more consistent with the empirical observation.
Define tourism. What should be included in the definition of tourism? What is the different between tourist and excursionist?
Explain how the optimal usage of the variable input, labor, will change in response to the following changes in the short-run: A) A drop in the price of the good or service that the firm sells B) A drop in the hourly wage C) A decline in the producti..
Concerning the Purpose of the Corporation, recall that Ed Freeman’s stakeholder theory accused Milton Friedman’s stockholder theory of neglecting the interests of employees, vendors, customers and the general public and of being basically immoral. Ye..
Summarize the article "Trading liberty for illusions" by Wendy Kaminer in 300 words by following these steps: - the central idea of the passage - what, who, why, where, when and how - the author's conclusion - the subject of the description and it's ..
Illustrate what real world data would you want to examine. What would you consider to be evidence of tit-for-tat pricing.
Explain the international interest parity concept. Then explain in words what happens to the IS and LM curves and the nominal interest rate in the domestic economy, and then its impact on the exchange rate between the domestic economy and the rest of..
You have initial wealth of $500 and are offered the following gamble. You flip a coin and if you get heads, you win $1000. If you get tails you lose $500. What is the expected value of the gamble?
Part A The allocation of promotional dollars between ‘pull’ (consumer promotions + media advertising) and ‘push’ varies drastically for many advertisers across countries. What are the factors behind these variations?
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