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1. Why is a proprietary good necessary for a firm to choose to become a multinational?
2. In Ramondo, Rappoport, and Ruhl (2011), "Horizontal vs. Vertical FDI: Revisiting Evidence from U.S. Multinationals", what are the configuration possibilities for a parent-affiliate pair?
what is supply and demand
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What is buget line how it is calculated?
bains limit theory
1. Explain how the aggregate supply curve for the entire economy can be derived under; i. Classical assumption ii. Keynesian assumption 2. Explain how equilibrium can be a
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the price elasticity for gizmos is known to be 1, if sellers of gizmos increase their
factor afecting the demand for durable product
criticisms of monopolistic competition
Explain the micro and macro economic issues that can be represented on the PPC
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