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About Vietnam's economic outlook (Please answer these question)
1. In what way does the political environment in Vietnam pose both an opportunity and a threat for American MNCs seeking to do business there?
2. Why are U.S. multinationals so interested in going into Vietnam? How much potential does the country offer? How might Vietnam compare to China as a place to do business?
3. Will there be any opportunities in Vietnam for high-tech American firms? Why or why not?
Elucidate why a currency depreciation leads to an improvement in a countries balance of trade.
Two firms, each in a different country, sell homogeneous output in a third country. Government 1 subsidizes its domestic firm by s per unit. The other government intervention, the market has a Nash-Cournot equilibrium. Show that Government 1's optima..
It is relatively clear why price discrimination may be good for firms. But what about consumers? Do you think consumers benefit or are hurt when the firm is able to charge a different price to different customers?
Chris chooses between two goods, X and Y (see figure below). At first, the price of X is low and the price of Y is high (budget line B1). Chris tells you his best affordable combination of X and Y is at point A. Then the price of X rises, while the p..
Suppose that on January 1, 2020, the population of a country is 100 million. During 2020, there are 1 million births and 500,000 deaths. In addition, 2 million people immigrate to the country while 500,000 emigrate. What is the population on January ..
If you have been offered $137,000 for a job in Los Angeles and $117,000 for a similar job in Dallas, which job affords you the highest purchasing power of the bundle of goods in the price index.
If 150 million workers produced America's GDP in 2013, according to the "world view" above, how much output did the average worker produce?
A country which does not tax cigarettes is considering the introduction of a $0.40 per pack tax. The economic advisors to the country estimate the supply and demand curves for cigarettes as: QD = 140,000 25,000P QS = 20,000 + 75,000P, where Q = daily..
At the beginning of the 20th century almost two out of every five working Americans worked in agriculture. Today this number has fallen to less than one in fifty. At the same time, the total value of agricultural production represents an ever smaller..
When using a supply-and-demand model to illustrate how land rents are set, economists typically draw the supply curve as a vertical line because:
Assume that we draw two random samples of students from Coles college of Business. One group includes 10 economics majors and another includes 30 finance majors. From these two groups we obtain the following statistics regarding the performance on th..
Describe how a developing/emerging economy can benefit from trade with a wealthy country even if it has no absolute advantages. How can they benefit from trade with a poor country?
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