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Question1. Dicuss and describe the factors that determine who actually bears the burden of a tax increase on a specific goods, such as gasoline, cigarettes, or some other product. Use at least two examples in your response. Is the incidence of the tax a consideration when government imposes this tax increase? Why or why not?
Question2. Trade restrictions have a significant impact upon international trade. Identify and discuss at least two arguments that support trade restrictions and two against trade restrictions. Use at least one example for each argument. Which arguments do you agree with and why?
Identify and describe the factors that estimate who actually bears the burden of a tax increase on a specific good, such as gasoline, cigarettes, or some other product.
The given table lists the stages needed in the production of a personal computer. Determine the value of the computer in the GDP?
Mary Beth Morgan and Shaban Shoshi are currency traders for Mercury Forex Corporation They have compiled the following data concerning currencies in Sweden, New Zealand, and United States.
Assume you hear a commentator on radio state that when interest rates fall, the stock market (the Dow Jones average say) tends to rise.
Petroleum products are in limited supply, what do you recommend the United States government should do to prepare for a shortage of gasoline? Describe your answer.
Smith is a currency trader and reviewing forward foreign exchange rates. His investors have made several statements regarding foreign exchange rates.
For a world in which international trade would be according to the differences featured in the Heckscher-Ohlin theory, the shift from no trade to free trade is like a zero-sum game.
Determine the pros and cons of a company that competes in a global environment and how do you think this has affected United States economy and global economy?
The market for chicken sandwich, considered a normal good, is in equilibrium. Analyze the effect of the following events on equilibrium price and equilibrium quantity of chicken sandwich.
Discuss and explain the process of bringing a new international bond issue to market. As an investor, what factors would you think before investing in emerging stock market of a developing nation?
As a seller of data to customers in Brazil, suppose you are an exporter and you periodically buy advertising space on Brazilian Web sites to advertise your service;
Examine the choices MNEs have for handling international trade payments. What are the main issues that affect their decisions? Describe your reasoning.
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