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What are the basis for and gains from trade between economically different countries?
What are the basis for and gains from trade between economically similar countries?
Explain using trade theories and concepts. Use diagrams if necessary.
Japan, one worker can make 5 tons of rubber or 80 radios. In Malaysia, one worker can make 10 tons of rubber or 40 radios. Who has the absolute advantage in the production of rubber or radios? How can you tell? Calculate the opportunity cost of produ..
What other factors could cause the price of heating oil to increase?
Why might funds be available on less favorable terms for human capital investments than for physical capital investments? Can you provide a rationale for the argument that public subsidies should diminish as students advance to higher and higher educ..
What's the difference between micro-economics and macro-economics?
Explain the statement that "an individual bank has little ability to expand the money supply unless all the other banks expand in step". Does that simply because a conduct of one single bank cannot change the aggregate money supply?
Define Nash equilibrium. What is (are) the Nash equilibrium(s) in this game. Explain.
An artificial satellite circling the Earth completes each orbit in 112 minutes.
q1. what is the definition of sanford gordon in economics?q2. what is the relationship among marginal product and
Video and article:What are 'Porter's 5 Forces'explains Michael Porter's five forces model. Video:The Five Competitive Forces That Shape Strategy- Michael Porter discusses his five forces model that is used to describe industry dynamics, which are i..
Suppose that in response to a severe recession a country with an overvalued currency and a fixed exchange rate does, in fact, move to a floating exchange rate system. This move to a floating exchange rate will cause the exchange rate to:
Wayne Moldings. Inc. has acquired a new die-casting mold at a cost of $2 million. Projected benefits from the mold for the next five years are: $350K, $450K. $500K. S350K. and S300K respectively. It is expected that at the end of the fifth year, the ..
What would the sellers cost of capital have to be in order for the discount cost to be justified?
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