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1. Why does the media attacks world trade?
2. Suppose that the corn production needs only land and can production requires only labor. The United States can produce either 70 kilograms of corn or 100 cans in an hour. Mexico can produce either 60 kilograms of corn or 20 cans in an hour. Which of the following statement is TRUE?a. The United States has more efficient resources for the production of cans than Mexico.b. Mexico can produce more core than the United States.c. Both countries jointly can produce 120 cans and 120 kilograms of corn.d. Neither country is better endowed for producing cans.
Discuss why are manufacturers’ new orders, nondefense capital goods, an appropriate leading indicator and explain w hy is the index of industrial production an appropriate coincident indicator?
Alu City is a manufacturer of aluminum products for building industry and has experienced a high growth rate due to an increased demand. The corporation shares are currently being traded at 410 cents each share.
I would have selected JEL industries as it is located in a nation which is part of the European Union and using Euro as its currency.
Explain and estimate the price elasticity of demand for a good or service of your firm, or a firm of interest to you. Estimate the price elasticity of demand by guessing at the effect of a 10 percent price change on the sales level.
Questions based on International Business
Intra-industry trade involves nations exporting and importing the similar goods. Why would nations export and import same or similar items?
Out of all of the possible production points along a production possibilities curve, which one of those points does a nation select and why?
Assume the exchange rate between United State, dollars and the Swiss franc was SFr1.6=$1, and the exchange rate between United State dollars and British pound was L1=$1.50.
Determine some of the technological advances in telecommunications and transportation that have impacted global business in the last decade?
Using demand and supply analysis to assist you, determine the effects on the exchange rate between the British pound and the Japanese yen from:
ssume under a system of flexible exchange rates a black and white TV rates $150 in the United State and 18,600 yen in Japan. Other things being equal,
If offshore assembly provisions were extended to include more goods and services, what would this do to the actual level of protection provided by a nation's nominal tariff schedule? Describe your reasoning.
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