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Is Globalization Today Really Different than 100 years ago?
1. What are some of the differences between the two globalizations discussed in the paper?
2. What evidence do the authors provide to show that trade today is more important than a 100 years ago?
3. What misconceptions about the differences do the authors address?
4. What is the role of information asymmetries in explaining differences between the two globalizations?
If consumer incomes increase, the demand for product Y:
Income per year: $60,000 $60,000 $80,000 Movie Ticket Price: $11 $13 $13 Rounds of Golf: Quantity Demanded Quantity Demanded Quantity Demanded Price = $50 15 10 15 Price = $35 25 15 30 Price = $20 40 20 50 a. Using the data under D1 and D2, calculate..
Home has absolute advantage both chocolate and wine, comparative in chocolate. Home has absolute and comparative advantage in wine.
Which of the following is a necessary assumption when using an analysis of variance?
buy the five-foot strip of land from their neighbor only if the price is less than illustrate what Moe and Larry have already spent on the foundation.
Estimate the owner's decision to start Sound Devices. Are any of the above costs likely to be one-time costs? If so, how would this affect your answers. Explain.
Top Inc. is interested in developing a new toy. The toys will sell for $25 each and they plan to sell 10 million toys at the end of each year for 4 years. Variable costs are $20 per toy; fixed costs are $10,000,000 per year. If the cost of capital is..
Cost-push inflation occurs because
You want to study the probability of a basketball player getting drafted in the NBA. You collect data on their performance in college basketball tournaments. The dependent variable is 1 if the player gets drafted, and 0 otherwise. What would your nul..
The timeline should also reflect that it costs $2,000 for the loan origination fees. 4. What is the rate of return on your investment now? use excel.
The normal supply and demand models take the supply and demand of a particular good and show that the equilibrium price is where the two curves intersect. How do we reconcile both of these observations?
Suppose that the U.S. government decides to charge cola consumers a tax. Before the tax, 25,000 cases of cola were sold every week at a price of $7 per case. After the tax, 18,000 cases of cola are sold every week; consumers pay $8 per case (includin..
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