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Write a paper in which you:
1. Explain the concept of comparative advantage and the principle theories of why trade occurs.
2. Analyze and discuss the sources of comparative advantage in national economies.
3. Analyze the international movement of productive factors in order to identify business opportunities and/or threats.
4. Explain the economic effect of tariffs, nontariff barriers, and various forms of trade policies adopted by national governments.
A bicycle produced in the U.S. costs $100. Using the exchange rates listed in Table 1, what would the bicycle cost in each of the following nations?
According to your reading, which market structure is more applicable for the market for building commercial aircrafts, when there are two major manufacturers of the commercial airplanes and little possibility of entry by new companies:
In a day of production, companies in Angola can manufacture 200 liters of oil or 100 kilograms of tungsten. Companies in Namibia can manufacture 160 liters of oil or 60 kilograms of tungsten.
Assume that each United States worker can produce eight units of food or two units of clothing daily.
Following the reduce in the demand for the Baht, has the Baht appreciated or depreciated in relation to the United State dollar?
The customer price index is a fixed weight index. It compares the price of fixed bundle of goods in 1-year with the value of the same bundle of goods in some base year.
Explain and assess how international law has addressed matters of trade, human rights, and the environment. How have these efforts contributed to developing or retarding the construction of global civil society?
Discuss the pros and cons of firms competing in global environment and how this has affected the United States economy and the global economy?
Calculate the forward discount or Premium for Mexican peso whose ninety day forward rate is $.102 and spot rate is $ .10.
When the United States imposes a tariff or quota on imports, who pays it? Who profits from a tariff or quota and how do changes in interest rates, inflation, and income affect exchange rates?
Assume the United State dollar price of a British pound is $1.50; dollar price of a euro is $1; a hotel room in London, England, costs 120 British pounds;
One year ago, a United State investor converted dollars to yen and purchased one hundred shares of stock in a Japanese company at a price of 3,150 yen a share.
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