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1. As of March 2013, the U.S. deficit balance was $16 trillion. Why do think the U.S. government should be concerned? Should the government be equally concerned, if it were a surplus?
Your response should be at least 500 words in length. You are required to use at least your textbook as source material for your response. All sources used, including the textbook, must be referenced; paraphrased and quoted material must have accompanying citations.
2. North American Free Trade Agreement (NAFTA) was formed on January 1, 1994 in which United States, Canada, and Mexico were trading partners. Research into the unique provisions of this agreement. How have the economies of the three countries benefited from the formation of NAFTA?
Ross Perot added his memorable "insight" to the debate over the North American Free Trade Agreement when he warned that passage of NAFTA would make a "giant sucking sound" as United State employers shipped jobs to Mexico,
Determine what evidence do we have that the Central Limit Theorem is true and explain why do so many of life's events share the same characteristics with Central Limit Theorem?
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..
Suppose that governments around the world begin to engage in expansionary fiscal policy (run large budget deficits) in order to stimulate economic activity in their countries. Use the long-run model of a small open economy
Chicago and Los Angeles. The total number of passengers flown by these two firms (per quarter), q, is the sum of the passengers flown on American, qA, and those flown on United, qU. Assume no other companies can enter. The flight Chicago-Los Angel..
The current Australian dollar exchange rate regime is a managed float exchange rate system with minimum government or central bank intervention. Explain with assistance of examples, three broad methods
Describe the legal, cultural, and ethical challenges that confront the global business presented in your selected case study.
determine which factor is the most difficult to measure accurately. Make recommendations on how the factor you identified can be measured more accurately. Determine how each of the business cycles contributed to the expansion of the U.S. economy c..
The given matrix shows the payoffs for an advertising game between Coke and Pepsi. The companies can choose to advertise or to not advertise.
Conduct research on the economic performance of ONE country over the last ten years, from 2004 to 2013, applying the macroeconomic indicators of real GDP, real GDP growth rate, real GDP per capita, unemployment rate and inflation rate
World Trade - Discuss the effects of NAFTA on: the United States, Canada, and Mexico. Is the European Union (EU) the real competitor of the U.S. in world trade? What other nations or groups of nations are now in the picture? (Support for your positio..
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.
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