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Are you for or against free trade? Are you for or against NAFTA? What is the economic basis for trade? Explain the underlying facts that support free trade and give an example of a good that you purchased recently that is based on resource differences. 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? What is the basis of international trade? What are the benefits and the costs? Under what conditions would you advocate for trade restrictions?
Jan van der Schmidt was the organizer of a successful chain of restaurants located at Europe. He died unexpectedly at the ages of fifty-five.
With respect to aggregate supply and aggregate demand, what will be most likely to happen when quantity supplied exceeds the quantity demanded?
Draw a diagram for the foreign exchange market for the dollar vs. the euro. Model your diagream on figure 10.3. Place "euros per dollar" on the vertical axis. Suppose now that rapid growth of the U.S. economy increases U.S. demand for European goo..
Suppose if you were chief economic advisor to the President at present, what are the 3-recommendations you would make to him to improve overall effectiveness of the economy?
Fred Smith of Dodge City Bank has received many loan applications from local small businesses. The applications are supported through many documentation, including the business plans of the companies.
Suppose you are the owner manger of an innovative computer software firm, and your latest item is so revolutionary and superb it has resulted in your firm controlling 98 percent of the industry in terms of total sales.
The consumption function is given by C = 200 + 0.75(Y - T ). The investment function is I = 200 - 25r, r is the real interest rate. Government buy and taxes are both 100.
President Obama recently agreed in December with Republicans in Congress to extend existing tax cuts that were scheduled to expire December 31 and to create new tax cuts as well. Meanwhile, recent reports suggest that the economy may expand more t..
Compare the magnitude of the percentage in the rental on capital with percentage change in wage in part and identify the factor that benefits from trade in real terms
Evaluate the organisation's strategies: first for international entry, then for organising and structuring its global operations, and finally for maintaining competitive advantage in the face of new challenges and changing conditions.
Evaluate and compare the "vertical restraints" of the two industries / sectors for the purposes of assessing the consequences of these provisions for strategic decision making.
What is the "current macroeconomic situation" in the U.S. (e.g. is the U.S. economy currently concerned about unemployment, inflation, recession, etc.) What fiscal policies and monetary policies would be appropriate at this time
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