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Explain why the general level of wages is high in the United States and other industrially advanced countries. What is the single most important factor underlying the long?run increase in average real wage rates in the United States?
Determine the effects of one country pursuing expansionary fiscal policy and tight monetary policy?
In 2008, the U.S. SEC eliminated the U.S. GAAP net income reconciliation requirement for foreign private issuers that adopt International Financial Reporting Standards. Do you agree with this decision?
Housing price models can be estimated with time-series as well as cross-sectional data. If you study aggregate time-series housing prices, you have: N 38 (annual 1970-2007) where: Pt the nominal median price of new single-family houses in the Unit..
If the U. S, dollar were to appreciate substantially, what steps could a domestic manufacturer like Cummins engine co of Coulmbus Indiana, take in advance to reduce the effect of the exchange rate fluctuation on company profitabilty
Discuss the two main challenges of the international trading system and how have these concerns been negotiated among trading partners?
Use the specific factors model, describe why you might expect to see certain capital owners and labor groups discussing against developing trade in a capital abundant country.
International managements whether the UN, NATO, World Bank, WTO, IMF and others are no more than playgrounds of major powers who use these multilateral institutions to advance their interests often at expense of less powerful nations.
The U. S. has committed itself to creating a free trade zone between the U.S., Canada and Mexico. Why might this be important Relative to imports and exports to other nations, what is the size of these two North American trading partners trade rel..
Illustrate your answer by an appropriate diagram, applying your knowledge of the Specific-Factors model.
A possible international monetary regime consists of a world central bank controlling monetary policy and issuing a single currency used throughout the world.
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..
Use a graph of the pollution abatement market, model a condition in which allocatively efficient level of abatement occurs at 100%, or equivalently where pollution is zero
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