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Question 1:
You are making your first export shipment. List five expenses you might incur that you wouldn't have in a domestic shipment. Where are five places you can get help with your export shipment.
When will you know it is time to stop exporting to a certain area and establish a presence (FDI) in that area?
Question 2
What is the EXIM bank and how does it benefit the US economy?
Question 3
How does countertrade benefit a developing nation? What might an oil company do with $250,000 worth of contraband hardwood that they received from a developing nation for payment for a shipment of oil?
Question 4
Read the Management Focus case "Phillips in China" on page 558. What are three benefits and three risks that Phillips will encounter when shifting so much of its global production to China? How might Phillips reduce these risks?
Question 5
Choose a real or hypothetical product and tell how you might market it differently in another country. What are at least three ways in which you would get help in this marketing campaign.
Determine the difference among National Income, Gross National Product, and Gross Domestic Product? Why do most countries now use GDP as a measure of national output?
Illustrtae what will equilibrium GDP equal if taxes decrease 200? Why are the results different.
If the government uses its knowledge of its monopolistic position, Illustrate what criteria will it employ when determining how many soldiers to recruit. What happens if a mandatory draft is implemented.
The scenario is that I am going to open restaurants in China. One in Shanghai and one Beijing. These restaurants will serve healthy food such as salads, sandwiches, pizza, soup,
As the economy begins to recover from a recession and more people go back to work.
Microeconomics and macroeconomics: Elucidate the differences among the two and why economics is divided into these two subdivisions.
Elucidate the roles of government bodies which determine national fiscal policies.
Illustrate what is the difference between a movement along and shift of the demand curve. Show the impact on the equilibrium price and quantity that results.
Provide the key provisions of the tax cuts passed through Congress in spring 2003 and explain how would these tax cuts be represented by the aggregate expenditure model and the IS curve
Assume you fail to hedge, but the British ale seller decides to cut you a break and only pass through half of the pound appreciation.
Assume the Fed's Beige Book reported that in South Florida, bookings for the summer tourist season were off to a slower start than last year
Suppose the market for widgets can be described by the following equations: What is the equilibrium price and quantity?
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