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Q.1: What are the arguments against free trade? Explain each one in complete detail. For infant industry argument bring in real world examples about its application. Do the same thing for export promotion and import substitution. Be thorough and explain correctly.
Q.2: What are the complaints of developing countries about the a) higher production of labor intensive goods and b) deterioration of TOT? Explain each one with the real world examples.
Q.3: Explain in detail complaints of developing countries about their "export instability" arising due the the business fluctuations in developed world. What are the suggested solutions for it? Explain clearly and in detail. What is the complaint about the non-availability of financial resources? Explain clearly.
GSBS6003 Globalisation - POLITICAL ECONOMY AND FOREIGN DIRECT INVESTMENT. Review the country's political economy (political, economic and legal systems)
Summarize the article in your own words. Indicate the relevant economic concepts from the class. Create 2 discussion questions related to the article.
Suppose the marginal propensity to consume is 0,80 and taxes are raised by $50 billion. What will be the impact on equilibrium income
The supply of loanable funds will shift to the right if either: A) Tax reforms encourage greater saving or investment tax credits were increased B) The budget deficit became larger or tax reforms discouraged savings C) The budget deficit became large..
Pick up any five areas from below and briefly explain them. Your description for each graph should be with in 200-250 words. Explain the Canadian Economy and Housing market.
A firm is facing the following input prices: wage rate = $8/hour and price of capital = $16. At the current input mix MPL = 24 and MPK = 32. Should the firm change its input mix? Why?
Question 5 - Costs of Production & profit-maximisation. If market price of Lithium is expected to fall in 2020, what price should mine temporarily shut-down
There are six equally productive individuals on the island. Each person can gather 25 coconuts in one day or build one hut in a day.
Suppose fertility motives in rural areas of developing countries. Assume that mortality among children remains constant, but incidence of that mortality shifted from early childhood to late childhood.
When developing short-run cost curves, it is assumed that all firms in perfect competition have the same cost curves and they all make identical short-run profits or losses.
The Kinked demand curve in an oligoolistic market is represented by the following:P = 100- Q and P = 120-2*Q
Please name at least two other layouts and describe what type of information you would put on those particular slides. What is your deciding factor when choosing a particular layout?
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