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Isaac? Díez. Isaac? Díez Peris lives in Rio de Janeiro. While attending school in Spain he meets Juan Carlos Cordero from Guatemala. Over the summer holiday Isaac decides to visit Juan Carlos in Guatemala City for a couple of weeks.? Isaac's parents give him some spending? money, R$4,900.
Isaac wants to exchange it for Guatemalan quetzals? (GTQ). He collects the following? rates:
Spot rate on the ?GTQ/€ exchange rate is GTQ10.6611=€1.00
Spot rate on the €?/R$ exchange rate is €0.3828=R$1.00
a. What is the Brazilian? real/Guatemalan quetzal cross? rate?
b. How many quetzals will Isaac get for his? reais?
What are the pros and cons of trade restrictions? What are the pros and cons of free trade? Which is better in your opinion?
Under current law, smoking is banned on airplane flights within the United States. The government bans smoking because it believes that, when some people smoke, everyone on the airplane has difficulty breathing. Assume that this scientific conclusion..
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(a) Report and summarize at least two articles to justify your views. (b) Discuss three negative aspects of perfect competition.
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