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Suppose when Russia opens to trade, it imports automobiles, a capital-intensive good.a. According to the Heckscher-Ohlin theorem is Russia capital-abundant or labor-abundant? Briefly explain.b. What is the impact of opening trade on the real wage in Russia?c. What is the impact of opening trade on the real rental on capital?d. Which group (capital owner or labor) would support polices to limit free trade? Briefly explain
1. If you had the power to eliminate tariffs on sugar cane and subsidies on biofuels, would you do it Why or why not Would you consider this an ethical stance, why or why not
James Black and Howard Decker (i.e. Black & Decker), both skilled carpenters, find themselves out of work because of a housing slump brought about by higher interest rates and a mild economic recession.
The health care industry desires to get bigger and that its only option is a merger. Now the industry is confronted with the government regulations to oversee merger.
Create a written analysis of potential chances and threats based on your understanding of economic and trade summary in each of your two selected markets.
Choose a United States multinational corporation. In terms of currency denomination, explain how the company prices its revenues and costs.
Determine what role did the rules of many governments play in influencing the international expansion strategies of both McDonald's and Wal-Mart and differentiate McDonald's strategies in China with those of Wal-Mart in Mexico?
Discuss and describe the difference between absolute advantage and comparative advantage. Determine the significance of each in international trade processes?
Generally one can borrow up to 95% of the value of US government bonds with the borrowing cost normally about .25% or 25 basis points above the yield on the bonds. Assume that the yield on the bonds is 8% and that they borrow for the full 10 years..
A farmer and a rancher currently lead a subsistence existence, manufacturing only meat and potatoes. The farmer could make two units of meat per forty hour week,
Economists are in almost universal contract that Free Trade is good for all nations. Explain why are they in such universal contract?
If American consumers decrease their spending on imports but leave their overall consumption spending constant, "hence buying more locally made goods", with all other factors constant what would happen to America's current Account and why
The US government has two different methods to deal with illegal drug use. First, the government has tried a "war on drugs", with the idea of keeping illegal drugs out of the country. Second, the "just say no" campaign has been used to make indivi..
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