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"Time" magazine, Canadian edition, has recently published an article on U.S. agricultural subsidies titled "Why our Farm Policy is Failing", November 2nd, 2007.
(a) Examine the GATT/WTO regulations concerning agricultural subsidies (origins, implementation, existing subsidy values).(b) Discuss why the US farm policy is failing.(c) Why were the WTO 2005-6 meetings a failure? What were the main issues and reasons?
Which political system describes best the governance system of the EU? Is the governance system of the EU democratic? Why ‘yes', or why ‘not'?
Compute the average propensity of consumption, average propensity of investing out of income and the average propensity of imports out of income
Determine what jobs are created through free trade and what jobs are lost when countries restrict free trade? Identify the areas in which U.S. applies protectionist policies.
Discuss and explain the advantages and disadvantages of having one world currency. There are many trade agreements around world which involve many countries.
If offshore assembly provisions were extended to include more goods and services, what would this do to the actual level of protection provided by a nation's nominal tariff schedule? Describe your reasoning.
My income is $300 a month, the price of good X is $4, and value of good Y is also $4. Given these prices & income, I purchase 50 units of X and 25 units of Y.
The Internet has allowed for raised trade in services such as technical support, a development that has lowered the prices of such services related to manufactured goods.
Discuss the role of financial systems in promoting economic development and define microfinance? Discuss in detail its potentials and limitations for reducing poverty and spurring grassroots development in LDC?
Describe how the conditions of covered interest parity and uncovered interest parity are reached, and indicate the implications of the analysis for the prediction of the future spot rate.
Sal's International is a popular haircutting and styling salon near campus of University of New Orleans. Four barbers work full-time and spend an average of fifteen minutes per customer.
Adele Corporation is planning the replacement of some electric generating equipment by a more efficient, technologically advanced model.
Smith identify that if the forward rate is lower than what interest rate parity indicates, the appropriate strategy would be to lend:
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