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Q. The article states growth in the export sector has been one factor contributing to overall growth. How would we represent growth in the export sector and how is it predicted to affect the terms of trade? The article states China could face protectionist strategies; say tariffs from other nations. Explain how are protectionist policies predicted to affect China's terms of trade? Explain how are protectionist policies from other nations predicted to affect China's relative supply and relative demand? Draw a relative supply-relative demand diagram to help you with the logic.
Despite being globally branded, Unilever still tweaked the Dove campaign from country to country. Elucidate why did it do this. What does this tell you about national differences in consumer behavior.
Considering political disposition as an axis of product differentiation does vertical or horizontal differentiation best categorize it.
Prime Products manufactures specialized goods to customers' specifications and operates a job-order costing system.
In country B the opportunity cost of 100 gallons of beer is 0.95 tons of cereal. Both countries can experience gains from trade if the exchange rate for a ton of cereal is 96 gallons of beer
The banking system is a fractional reserve banking system with a desired reserve deposit ratio. Banking system is a fractional reserve banking system.
Federal Reserve lowers the required reserve ratio from 0.10 to 0.05. How does this affect the simple money multiplier.
If the government uses a tax to get producers to internalize their externality, what is the net price received by producers.
If one draws MC curves pre and post innovation as well as the Marginal Revenue line for a monopoly and the MR in a competitive situation.
What happens to the demand for Sara's sweatshirts in long run. In long run, what happens to Sara's economic profit.
What is Wirelesses' producer surplus from sales for each low-demand as well as consumer.
The cost leadership approach implicates competing by having a lower cost than one's competitors
Iran subsidizes gasoline, leading to a cost to consumers that is one-fifth the market cost.
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