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Determine some documented mistakes made in the past in marketing existing North American items to international markets? Be sure to cite specific companies and include web links or books you used in your research, if available, so others may become familiar with these resources. Do not use the classic example of Chevy Nova (nova meaning "no-go").
Describe the increasing returns to scale as a basis for international trade. Be sure that you discuss the relevant concepts, explain important features of such trade,
Select a United State multinational corporation. In terms of currency denomination, how the firm prices its revenues and costs.
Think the problem of maximizing u(c,l) subject to pc + wl = w + y, where c is consumption, l (element of (0,1)) is leisure time, and y is non-wage income.
Determine what role did the rules of many governments play in influencing the international expansion strategies of both McDonald's and Wal-Mart and differentiate McDonald's strategies in China with those of Wal-Mart in Mexico?
Following the reduce in the demand for the Baht, has the Baht appreciated or depreciated in relation to the United State dollar?
Assume that on January 1, 1999 spot exchange rate was Yen/£=198. Over the year, British inflation rate was 4 percent, and the Japanese inflation rate was 6 percent.
Think the yearly budget deficit in the U.S. versus GDP, How does this compare to other industrial economies? What is your opinion on this relationship of budget deficit to GDP?
An examination of Ricardian model of comparative advantage yields clear result that trade is profitable for each of two trading partners since it permits for an expanded consumption choice for each.
Based on the Keynesian theory in does it matter what the money is spent on? discuss and explain the amount of stimulative effect we can expect, depending on how the stimulus is financed.
Intra-industry trade involves nations exporting and importing the similar goods. Why would nations export and import same or similar items?
Describe how economies benefit from specialization and exchange. Economics is not my strong suit. If there is a way to describe this to me in laymans terms along with an example;
Describe both foreign income and repatriation of earnings using 3-examples that any worker can understand.
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