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Recently, many foreign firms from both developed and developing countries acquired high-tech U.S. firms. What might have motivated these firms to acquire U.S. firms?
The U.S. labor force includes (though not necessarily exclusively): those who are unemployed all able-bodied adults in the economy all able-bodied teens and adults in the economy only those who are working as many as 10 hours per week only those w..
Discuss how does Heckscher-Ohlin theory differ from Ricardian theory in describing international trade patterns? The theory shows how trade affects distribution of income within trading partners.
In September 2003, a United State retailer wants to buy canola oil from a Canadian farm. At that time in Canada, one barrel of canola oil value C$2.
Wilpen Company, a price-setting firm, produces nearly 80 percent of all tennis balls purchased in the United States. Wilpen estimates the U.S. demand for its tennis balls by using the following linear specifications. Q = a + bP + cM + dPR Where Q ..
America spends more on every student in public education than any other developed country and yet performs at bottom of every international student achievement test.
Suppose the U.S. government imposes a quota of 16 million units on its imports of semiconductors. Calculatethe magnitude of the deadweight loss resulting from the quota under the assumption that the U.S. is a small open economy.
If real exchange rate is equal to nominal exchange rate then, If a Big Mac hamburger sells for the same dollar value in Tokyo as in Los Angeles then
What is the level of nominal GDP in year 1 B) The Fed adheres to a monetary rule through open market operations. What amount of US securities will it have to sell to, or buy from, banks or the public between years 1 and 2 to meet its monetary rule..
What is happening to the value of the U.S. dollar these days What causes the value of the U.S. dollar to rise or fall? Who demands U.S. dollar Who supplies U.S. dollar When we purchase the German products, our demand for euro is going up or down
Y = C + I + G C = a + bYd G = Go I is not equal to f (Y) i.e., MPI = 0 Tx = Txo Given S = -25 + 0.2Yd, a $10 billion increase in government spending will bring about how many dollars in induced changes in investment
At the beginning of the 2000s, the United States imposed high taxes on a number of European goods due to a trade dispute. One of these goods was Roquefort Cheese. Show how this tax affects the market for Roquefort cheese in the United States, shif..
1. why a change in the real exchange rate changes a country's net exports. 2. why trade deficits tend to move to zero over time. 3. how foreign prices affect domestic prices. 4. the determination of the real exchange rate.
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