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a) Explain the activities of multinational corporations (MNC) by applying the classical trade theory
b) Analyze the welfare effects of trans-border flows of labor (migration) Begin your research into regional trade agreements versus global trade liberalization by locating professional and academic journals and select current research articles published within the last five years on the topic. Then develop a two-page paper summarizing and contrasting the main arguments on both sides of the issue. The policy choices between forming FTA or free-trade without RTAs has created debates among economists and politicians concerning
which is a better strategy for various countries and for the global economy as a whole, and whether the two approaches are complimentary or contradictory.
Suppose you are the Chief Economist of Antitrust Division of the Department of Justice. There is a single manufacturer of streaming video services that has a patent on technology so that no one else can give the service.
What is the law of supply, and what are the factors that cause shifts in supply? What is the law of demand and why is it important?
Explain the differences among spot transactions, forward transactions, and futures contracts
Draw a new production frontier for nation 2 showing the rybcznski theorem for doubling for the amount of capital only.
Find the equation of the new demand curve for Chevrolets. Plot the new demand curve, D1 c' and, on the same graph, plot the curve for Chevrolets, D c'. found in 2 (d).
Explain the following : a) Why the long-run aggregate-supply curve is vertical. b) Three theories for why the short-run aggregate-supply curve is upward-sloping.
suppose there are only two donut shops brendas and julies. these two donut shops produce identical products. demand for
show a t-account for a bank when you make a deposit of 1000 into your checking account. assume the reserve ratio is
What is meant by constant opportunity costs and increasing opportunity costs? Under what conditions will a county experience constant or increasing costs?
identify two companies in unrelated industries that use tpm approaches to ensure reliability in the products or
Demonstrate how an increase in personal and federal income taxes ultimately affects Bank of Canada's balance sheet.
thinking about modifications in the model again go back to the original model again but add a marginal propensity to
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