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Q. In recent cases, the U.S. placed quotas or protectionist tariffs on imported microchips and imported steel. In both cases the damage to "downstream" industries was obvious to all and relatively simple to quantify and demonstrate. Consider that the U.S. lawmakers are not plain dumb, why did they enact these protectionist policies?
Answer: The system through which these protectionist policies are set into law is biased in favour of the producers of import competitive goods. Other sectors of the economy that may possibly affect aren't parties in the petitions made to the ITC seeking redress.
Q. How and why did Europe set up its single currency? Answer: The why part of the question is associated to large fluctuations in the exchange rates between the Europe
You can work on this on your own, or with one partner. If there are more than two names on the submitted work, then I will give a maximum grade of 60 to each person listed on the
Q. Describe the role of offshore banking and of offshore currency (eurocurrencies) trading. Answer : Both have mushroomed because of increased international trade inc
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Q. In 1986, the price of oil on world markets dropped sharply. Since the United States is an oil-importing country, this was widely regarded as good for the U.S. economy. Yet in
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