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Questions
1. Describe the evolution of world trade and capital mobility over the past 150 years. Be sure to analyze three or four important time periods in your answer. What distinguishes the current period of globalization from the "Golden Age" over 100 years ago?
2. Discuss each of the three main traditional perspectives in IPE. Which IPE perspective do you think best describes Canada, China, and North Korea today? Discuss your answer.
3. Discuss several types of gains from trade. Did the U.S. and other countries which are rich today generally have a policy of free trade when they were developing? Why do you think they had the policy that they had? Discuss your answer.
Developing countries can increase productivity growth more easily than industrial countries. Does this imply that they will eventually be able to achieve the same living standards as industrial countries? Why or why not?
Suppose current interest rate is 5% and you pay $250 for a bond. How much should bond pay you in one year.
Suppose a caffeine-deprived man needs to wake up. Suppose his preferences on a day can be described by U=3*coffee+2*tea. If the price of coffee is $4 and the price of tea is $1. He has $12 to spend on these drinks on a day. Show his budget constraint..
Welcome to the last unit in this course! This unit will focus on "putting it all together." Over the last several units, we have discussed critical topics that
You are a lawyer working with the International Court of Justice in The Hague in the Netherlands. Your task is to review a recent decision by a U.S. judge regarding extraterritoriality. What factors most influenced your decision? Do you know of any I..
Research the current issue "IS HEALTHCARE A RIGHT?" in the field of health economics. Summarize your findings in a twelve-page(minimum) report. include a refere
A small open economy with a floating exchange rate is in recession with balanced trade. If policymakers want to reach full employment while maintaining balanced
If you were desinging such an amendment, do you think it would be better to require that the actual budget deficit be kept at zero each year, or should the aim be only to keep the structural deficit at zero? Discuss.
1. Account for the trends in international financial flows during the globalisation era.
How currency crisis exacerbate sovereign debt crisis and how a recession exacerbate banking crisis?
The gap between average total cost (ATC) and average variable cost (AVC) becomes larger when output increases. Marginal cost curve cuts the lowest point of the average cost curve.
The Fed wants to target a 3 percent inflation rate for the following year. Solve for the appropriate money supply to meet this target inflation rate.
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