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1. Multinational enterprises may diversify their operations along vertical, horizontal, and conglomerate lines within the host and sources counties. Distinguish among these diversification approaches.
2. Why is it that the rate of return on US direct investments in the developing nations often exceeds the rate of return on its investment in industrial nations?
3. Is the theory of multinational enterprise essentially consistent or inconsistent with the traditional model of comparative advantage?
There are two types of coal mines in operation: “above-ground” mines, which involve very little risk to the miners, and underground mines, which are considerably more dangerous. What would be an economist’s estimate of the value of a statistical lif..
Florida is considering construction of a flood control dike having a life span of 16 years. The investment require is $60,00 and annual maintenance costs of $5,000. The project will provide no benefits for the first two years but will save $24,000 pe..
Journalize the following adjustments. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) (1) Services performed but unbilled and uncollected at July 31 were $1,828. (2) Depreciation on equipment for..
What kinds of people are most likely to have their utility reduced by such a law. Why do you think that the government requires such insurance.
If interest on the unpaid balance is computed at 11/2% per month, how many payments will there be, and what is the amount of the final payment?
Assume that a consumer can buy only two goods, A and B, and has an income of $100. The price of A is $10 and the price of B is $20. Illustrate what is the slope of the budget line if A is measured horizontally and B is measured vertically.
The company researcher takes a random sample of losses over 49 days and finds that = $187 and s = $30.
Suppose the government increases purchases in an economy with a recessionary gap. How would that policy affect bond prices, interest rates, investment, net exports, real GDP, and the price level? Show your results graphically
There is debate going on concerning the latest version of Apple i-phone between Apple and the US federal government. A US magistrate in California has ordered Apple to unlock the phone of a deceased terrorist who killed several people. Ethically, do..
Assuming that there are no direct expenditure offsets to fiscal policy, how much should the government increase taxes? Explain by giving appropriate reasons.
Assume that Congress imposes a tariff on imported autos to protect the U.S. auto industry from foreign competition.
The income elasticity for most staple foods, such as wheat, is known to be between zero and one.
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