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In 500-750 words, discuss the driving forces behind China's trade surpluses. Use the Article to explain: W. Max Corden, November 2009. "China's Exchange Rate Policy, its Current Account Surplus and the Global Imbalances." The Economic Journal 119: F430 - F441
An electronics firm is considering how best to supply the world market for microprocessors used in consumer and industrial electronic products. A manufacturing plant costs about $500 million to construct and requires a highly skilled workforce. Shoul..
q. firms a and b compete as cournot duopolists in the cola market. the demand and marginal revenue are given by p 200
A state government is considering construction of a flood control dike having a life span of 12 years. History indicates that a flood occurs every 4 years, on average, and causes $500,000 in damages on each occasion. If the state uses a MARR of 12% p..
Imagine that you are perusing a copy of the Auto Trader magazine in search of a used car. Suppose that there are 50 cars offered for sale and 50 buyers interest
France and England both produce wine and cloth with constant opportunity costs. France can produce 150 barrels of wine if it produces no cloth or 100 bolts of c
When we depend on imports to provide necessary products (food, oil etc.) we make ourselves vulnerable to the will of other countries. If they decided to stop selling to us then our economy or society could be critically hurt. In order to develop new ..
What is the equilibrium income level and interest rate. Suppose there is an increase in t from .15 to .20. What will be the change in the equilibrium level of income and interest rate? Suppose there is a decrease in government expenditures (G) from 1..
You decided to open a savings account in a bank. The bank says that to open an account, you are to initially deposit an amount of at least P 10,000 which you di
Explain the implication for a country’s exchange rate in the monetary approach and in the portfolio balance approach of (a) an autonomous decline in the demand for money at each interest rate by the country’s citizens, and (b) a change in expectation..
What is the proposed name for the central bank in the Aldrich Plan? Which president signed the legislation establishing the Federal Reserve System? What was the law that established the National Monetary Commission?
The debate over using government spending and taxing powers to stabilze the economy involves more than technical economy issues. should we agree or disagree? Pl
Mayland Utilities has outstanding a bond issue that will mature to its $1,000 par value in 12 years. The bond has a coupon interest rate of 11% and pays interest annually. Find the value of the bond if the required return is 15%. Then tell if the bon..
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