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1. "The misery of capitalist exploitation is not half as bad as the misery of not being exploited by capitalism" Discuss the above quote with reference to the interdependence, dependency and mercantilist theorists toward the spread of capitalism in the third world. Keep in mind that the above quote refers, not to the contrast between capitalism and socialism, but rather to that between capitalism and pre-capitalism.
2. Which of the theoretical approaches to international political economy do you find the most powerful in the explanation of the actual operations of the international system. Justify your answers on (1) theoretical grounds, and (2) that theory's ability to accurately portray actual relationships in one specific field, i.e., trade, finance, etc.
3. What is (are) the emerging structure(s) (not necessarily the final results) of increased economic interactions suggested by the interdependence, dependency and mercantilist perspectives? Which structure is most likely to occur in next twenty years and why?
How will this change the industry output and market share for each company and is there any incentive for any company to cheat under either of the conditions in tasks a and b? Why or why not?
Calculate the quota's redistributive effect, consumption effect, protective effect, and revenue effect and what is the overall welfare loss to Venezuela as a result of the quota?
Negative externalities that arise from the production of a good;a. cause an increase in the demand for the goodb. cause a decrease in the demand for the goodc. impose costs on third partiesd. bring private costs into equality with social costs.
You have been hired as a consultant by your mayor to evaluate the increase in aggregate demand in the city where you live. Describe to the mayor one (1) aggregate demand and supply factor that would have the greatest impact on the economy of your ..
Ongoing United States struggles in Iraq and Afghanistan, political unrest in South America, and civil wars in Africa have driven crude oil values up for the last many years.
What is a specific problem facing the United States Congress where would I be able to find articles information about problems in education.
In short run, assume that all the costs [except film rental and concessions] at a theater are fixed, and that each theater can seat five hundred people per day, no more.
A monopolist supplies to a market with (inverse) demand given by D(Q) = 100 ? Q. The monopolist has constant marginal cost c = 2. Compute the monopolists profit-maximizing supply choice and the corresponding mark-up over marginal cost.
how does charging the monopoly optimum and the welfare of consumers, the monopoly, and society?
Two firms face the demand equation given by P=200,000 -6(Q1 + Q2) where Q1 and Q2 are the outputs of two firms. The total cost equations for two firms are given by: TC1 = 8000Q1 and TC2 = 8000Q2.
Describe why government regulation is required, citing the major reasons for government involvement in a market economy.
What is the purpose of the policy Why is the policy necessary The welfare of consumers, producers, and society (the winners and losers) before and after the policy The distribution of costs and benefits Does government intervention improve the si..
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