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In some developing countries, you can see modern airports, huge government buildings, and new highway system around the capital city. However, those countries' real GDP are still low. Would you provide the possible reason to explain why the expansionary fiscal policy doesn't work in those countries?
International trade path of development - Find out and focus only on the features that will make your city/ region/ country attract the investor you have chosen.
Consider two Countries that share the same technology, South Africa and the UK, and two goods, Diamonds and Tea
A pharmaceutical company (player 1) introduces a new cold medicine. The medicine may either be highly effective (H) or have little effect (L). The company knows the effectiveness of the drug, but a representative consumer (player 2) knows only that..
Discuss and describe the difference between absolute advantage and comparative advantage. Determine the significance of each in international trade processes?
Derive a long-run model of exchange rate determination, if exchange rates are determined by Absolute PPP, and goods prices exibly adjust to bring about equilibrium in domestic money and nancial markets.
Kellogg's, breakfast food people, comprises one of four corporations that control about 92% of its market for breakfast food. Kellogg's would be considered;
As the United State dollar appreciates in value relative to the Japanese Yen, what happens to the price of United State goods in Japan? What happens to the price of Japanese goods in United State?
essay on Research how the value of Chinese currency is determined and what political pressures are being placed on the Chinese government to change their method of determining their currency's value.
Its the spring of 2002. You are an economist on President Bush's council of economic advisors. Congress is considering legislation, called the "2002 Farm Bill," that would increase subsidies to US farmers.
During field calculation, it is shown that the calculated number of trips is actually 128. What is the value of the adjustment factor?
If the money supply in Mexico is increasing much more rapidly than the money supply in the United Sates, holding other factors constant, what would you predict will happen to the nominal exchange rate between the Mexican peso and the U.S. dollar
In the period 2000-2003, the RGDP (real GDP adjusted for inflation) growth rate in the US averaged 2.39% per year, while inflation rates remained at around 2.53% per year. In the latter half of the 1970's, by contrast, inflation rates accelerated ..
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