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Questions
1. From your readings on trade protectionism, explain which ONE type of trade restriction concerns you the most and why.
2. How would you characterize the trade relationship between Canada and the United States with respect to the level of protectionism they practice?
3. Discuss two major trade disputes between the two countries within the past five years, the arguments on each side, and any resolution that occurred.
Suppose that the US Department of Homeland Security is concerned about the prevalence of airborne biological weapons in large sporting events in the US. Begin by assuming that there is no government policy yet. Consider the market for a system called..
Read Decision Point: Who Needs Ethics? Can the Market "Fix" discrimination? (p. 292) and answer questions at the end of the exercise Laura P. Hartman
Assuming Norma has no other capital gains or losses, how does this information affect her taxable income for 2010.
Michelle runs a factory that makes Blu-ray players. Each T50 takes 8 ounces of plastic and 2 ounces of metal. Each FS20 requires 4 ounces of plastic and 6 ounce
Some residents of the village of Taugswater have proposed purchasing logging permits relating to a nearby wilderness area.
Irene’s Dairy is deciding whether or not to enter the market for ice cream, currently monopolized by Mattie’s Ice-cream. If it enters the market, Mattie’s can either accommodate him and share his 10million in profits equally with Irene or fight him a..
Do you think that GDP is the best measure of social economics well being? Why or why not? If not, what might be some better measures and why?
What are the initial equity position and loan balance? How far can the price go down before you receive a margin call?
How much is the cost of the lump sum if the cost of money is 14% compounded quarterly.
Let L denote the number of workers. The marginal product of labor is MP = 30 - L, and the wage for each worker is $10. The firm chooses to hire 2 workers.
Why did rising house prices make US retail banks more willing to provide mortgages for low-income earners with poor credit histories?
Write a few pages where you explain why forms of government in Europe (and America) changed around the same time mercantilism collapsed and the new market economies emerged. Must economic forms determine government forms?
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