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Research Assignment
Use the globalEDGE (https://globaledge.msu.edu)website to complete the following exercises:
The World Trade Organization maintains a database of regional trade agreements. You can search this database to identify all agreements that a specific country participates in. Search the database to identify the trade agreements that Japan currently participates in. What patterns do you see? Which region (or regions) of the world does Japan seem to be focusing on in its trade endeavors?
Your company has assigned you with the task of investigating the various trade blocs in Africa to see if your company can benefit from these trade agreements while expanding into African markets. The first trade bloc you come across is COMESA. Prepare a short executive summary for your company, explaining the level of integration the bloc has currently achieved, the level it aspires to accomplish, and the relationships it has with other African trade blocs.
A monopolist firm serves 6 consumers. Each of the consumers only buys one unit of the good. 2 consumers buy one unit if the price is lower or equal than $100 and the other 4 consumers buy one unit if the price is lower or equal than $10. The firm's c..
Do corporations have responsibility in the financial meltdown and its aftermath of recession – the most serious since the Great Depression of 1930s? Free-market capitalism dictates that markets create efficient solutions and businesses that fail shou..
suppose mpc is 0.8 initially. households then change their behavior so that the mpc falls to 0.75. what happens to
There were 20 subjects in each group. If we assume that the true means and standard deviations have been estimated exactly, what was the a priori probability (the probability before the experiment was conducted) that this study would find a signif..
Compute the absolute and relative risk aversion. Are they increasing, decreasing, or constant and analytic expression for the certainty equivalent amount of wealth in this gamble.
Assume a firm has the production function Q = 2.5K 0.4 L0.5-Write the firm's Isoquant equation associated with the production of 20 units of output.
an angel investor is considering investing in one of two start-up businesses and is evaluating the expected returns
demand for a good can be characterized by p 100 - q. there are two firms firm 1 and firm 2. they have identical cost
wyandotte chemical company sells various chemicals to the automobile industry. wyandotte currently sells30000 gallons
Why wouldn't the large corporations just pay more and outbid small businesses for the labor without a minimum wage?
The university states that it wants all its students to get As and Bs. If the goal is to raise overall grades to the B level or above, is this a good policy? Discuss this policy with respect to the problem of moral hazard.
Analyze the major short run and long cost functions for the low-calorie, frozen microwaveable food company given the cost functions below.
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