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Courtney recently received a speeding ticket on her way to the university. Her fine was $200. Is this considered a tax? Why or why not?
Since the NAFTA was established, many Asian firms especially those from Japan and Korea made extensive investments in Mexico. Why do you think these Asian firms decided to build production facilities in Mexico?
For each situation, indicate whether you would favor an appreciation or depreciation of the Mexican Peso relative to the US Dollar. a. You own a hotel in Mexico that caters exclusively to American tourists. b. You run a tortilla factory in Mexico
One type of toy bears is in China and exported to the United State A toy bear sells for sixteen Yen in China. The exchange rate of Chinese yen and US dollars is $1 = 8 Yen.
Doug Wyatt is a currency trader for Global Currency Exchange Corporation Wyatt has compiled the following data concerning the U.S. dollar or Australian dollar exchange rate.
Cite a factor that might increase the dollar price of euros. Cite a different factor that might decrease the dollar price of euros. Explain: "A rise in the dollar price of euros necessarily means a fall in the euro price of dollars." Illustrate an..
Does farming in the United States have the characteristics of perfect competition How does perfect competition in the farming industry help farmers and consumers or Hurt farmers and consumers
If the money supply in Mexico is increasing much more rapidly than the money supply in the United Sates, holding other factors constant, what would you predict will happen to the nominal exchange rate between the Mexican peso and the U.S. dollar
If so, describe what impact this might have on (1) U.S. balance of payments, (2) Chinese balance of payments, (3) relative competitiveness of Mexico and Thailand, (4) firms such as Wal-Mart, and (5) U.S. and Chinese retail consumers.
What is happening to the value of the U.S. dollar these days What causes the value of the U.S. dollar to rise or fall Who demands U.S. dollar Who supplies U.S. dollar When we purchase German products, does our demand for euro go up or down
Is the U.S. truly an economy that promotes competition and do you think about the markets where major oligopolies exist, for instance soft drinks or fast foods and automobile producing,
Use the data on U.S. real GDP below to compute real GDP per person for each year. Then use these numbers to compute the percentage increase in real GDP per person from 1987 to 2005. Year REAL GDP (2000 prices) population.
The U.S. Postal Service (USPS) operates at a loss but its closest competitors - UPS and FedEx - both operate at a profit. Suggest how fixed costs have contributed to the situation of the USPS. You are the owner of a manufacturer of widgets.
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