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What are the major political and economic arguments against free trade?
A news report on NPR declared that the average hourly rate for 2014 was $30.56. You believe, based on your analysis from the case studies, that the average hourly wage is different than what was reported on the radio. Perform an appropriate hypoth..
What does Hayek mean by "planning"? What is the minimum information needed by economic planners and individuals? Does the minimum differ for planners and for individuals? How? Why?
For this project, you should work with the monthly time series of the assigned commodity prices, spanning from January of 1995 to December of 2015. Calculate real prices from the obtained nominal prices, using U.S. producer price index as a defla..
a) What are BRICS' shares of the world population, the world GDP and the world total trade? b) What is BRICS' proposal for a new World Bank and International Monetary Found (IMF)?
Suppose that market for tradable emissions permits by power plants has been operating efficiently for several years. An engineering company then invents a lower cost device for pollution abatement.
James Pizzo is president of a company that is price leader in the industry; that is, it sets the price and the other firms sell all they want at that price.
the abc company has contracted to make the following payments 10000 immediately 1000 at the end of year 1 1500 at the
1. Define International Entrepreneurship and describe one example of an international entrepreneur and his or her business. 2. Explain all the international entrepreneurship formula. How would missing one or two of these variables impact a global v..
An oil cartel effectively increases the price of oil by 100 percent leading to an adverse supply shock in both Country A and Country B. Both countries were in long-run equlibrium at the same level of output and prices at the time of the shock.
Unlike equity, debt is unforgiving if the firm performs poorly. If a firm goes bankrupt, debtholders have the right to repossess funds and exercise their residual control rights about how the funds will be spent. Thus, under debt financing, debtho..
Let’s consider the effects of inflation in an economy composed only of two people: Bob, a bean farmer, and Rita, a rice farmer. Bob and Rita both always consume equal amounts of rice and beans. In 2000, the price of beans was $1, and the price of ric..
In the context of international tourism, discuss with examples, the reasons why the East Asia/Pacific region is the fastest growing international tourist generating region.
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