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2. How would each of the following theories of comparative advantage describe the fact that US exports computers?
a. Productivity differencesb. Factor abundancec. Human Skillsd. Product life cyclee. Preferences
13. Assume that the world value of kiwi fruit is $20 per case and the United States equilibrium price with no international trade is $35 per case. If the United States government had previously banned the import of kiwi fruit but then imposed a tariff of $5 per case and allowed kiwi imports, what would happen to the equilibrium price and quantity of kiwi fruit consumed in the United States?
The US maintains a large trade deficit with China. The debt is largely due to China's artificially undervalued currency. Should the actions of the Chinese government be considered through trade-governing officials?
Discuss and explain the advantages and disadvantages of having one world currency. There are many trade agreements around world which involve many countries.
Is the U.S. truly an economy that promotes competition and do you think about the markets where major oligopolies exist, for instance soft drinks or fast foods and automobile producing,
Estimate whether integration in following types of companies would constitute a horizontal, vertical, or conglomerate merger.
International Monetary Fund information indicate that, with 2000 = 100.0, Japan's export value index in 2006 was 95.3, its import price index in 2006 was 127.2,
Suppose the spot exchange rate in dollars and yen is e=$1/100yen. The interest rate on a 6 months dollar denominated assets is i($)=1 percent and interest rate on comparable 6 months yen denominated assets
Determine justification for capital requirements imposed by bank regulators and why do people who work at investment banks earn so much?
The job losses to foreign nations have not been limited to low skilled rankings. And that may not necessarily be a real concern in long run.
China and Japan have 2factors of production, land and labor. Both countries produce 2-goods, corn, which needs more land, and computers, which needs more labor.
Economists generally use Porter's 5-forces framework when making a qualitative evaluation of a company's strategic position. According to Porter, his model should be used at industry level,
Assume the free trade market price of a car is $10,000. It contains $5000 worth of steel. The importing country imposes 25 percent tariff on car imports.
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.
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