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Consider the following statement: "Any development program adopted by a country is considered sustainable only if the said program is economically, socially and environmentally sustainable." Do you agree with this statement? If yes, explain what you understand by social sustainability, economic sustainability and environmental sustainability. If no, state clearly why?
Define ex,I and ey,I to be income elasticities for goods x and y. Define sx and sy to be income shares for x and y.
Which of the following is a possible disadvantage of using work teams
Because it acts like a price, U.S. export demand is inversely related to the U.S. real exchange rate. U.S. import demand is inversely related to the real exchange rate of foreign trading partners, which would just be the inverse of the U. S. real exc..
Which of the following is a necessary condition for perfect competition?
Consider a competitive industry with several firms all of which have the same cost function, c(y) = y2 + 4 for y > 0 and c(0) = 0. The demand curve for this industry is D(p) = 50 − p, where p is the price. What is the long-run equilibrium number of f..
An apparel manufacturer purchases cotton and other raw materials for the production of shirts. Would the sale of cotton from a cotton mill to the shirt manufacturer be included in the calculation of GDP? Why or why not?
q. fuji konica agfa and 3m. from a technical viewpoint there was little difference in the quality of colour film
According to comparative advantage, in which industries would you recommend the country to specialize. Has the country specialized in your suggested industries.
Is globalization, which blur physical boundaries, and international organizations, which can possibly impact political sovereignty, a detriment to national independence or a growing indication of increasing global cooperation?
Solve for the new equilibrium. Illustrate what happens to the price received by sellers, the price paid by buyers, and the quantity sold.
Mary's indifference map and budget constraint for goods x and y are shown below. If Mary spends all her money on x and y which bundle will she choose to maximize her utility?
Select a country of your liking (except the United States), and identify its key resources and major exports and imports. Decide whether the country’s trade pattern supports the Heckscher-Ohlin Theorem. Provide evidence to your findings. Make sure to..
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