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As your think tank expands its focus to international and global economic issues, Gabe wishes you to address the following condition and prepare a report on globalization. The report should consist of opportunities and threats caused by globalization and the reactions from them. Gabe has also explained that you have done really well on your previous assignments and are proving to be an important addition to the economic strategy research team.
You must address the following in your report:
Define globalization.Explain how globalization affects the market economy.Identify 4 opportunities caused by globalization.Identify 4 threats caused by globalization.Explain how globalization affects the gross domestic product (GDP).Explain your thoughts on globalization in your own words (e.g., is it bad or good? Why or why not? Does it affect all countries?).
Calculate and Plot using a spreadsheet (like Ms Excel) the series for Nominal GDP
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Suppose that a nation faces a balance of payments deficit with high unemployment. Determine what exchange-rate adjustment can be made to solve these problems?
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The Republic of Republic produces 2-goods, marshmallows and soda water. In 1994, the one hundred units of MM produced sold for $3 a unit and 50 units of SW produced sold for $1 a unit.
When the Euro was 1st issued it hit the market at $1.17/ on 1 Jan 2001. Calculate the Euro price of the dollar when the Euro debuted?
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