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Explain why a country with a large primary goverment budget deficit and high government debt can end up in a vicious cricle where government debt tends to increase faster and faster. Use this analyse the current situation in Greece. What are the probs and cons of a Greek exit from the euro area?
Calculate the ES in autarky and under conditions of free trade. Assume the world price is $45. c) Apply a $2.50 tariff and recalculate economic surplus (including tariff revenue). Has ES gone up with imposition of the tariff d) Evaluate the fo..
Describe the pros and cons of each. If your company intends to purchase products from a foreign source, how will you protect it from risk of financial loss? Support and defend your choice.
Create a second short assignment where students can practice the concepts taught in Presentation. Each of the objectives must be represented in the assignment. Include an answer key.
Josephine makes $100 a day as a flower shop attendant. She takes off two days of work without pay to travel to another city to attend her sister's wedding. The cost of transportation for the trip is $180 round trip.
Once you've had a chance to look at data, I'm interested to hear your perspective, how they compare with international unemployment and inflation levels, and what impact, if any, they have on GDP.Unemployment and Inflation are two stats I'm sure yo..
Discuss similarities between the principle of comparative advantage and absolute advantage? Are there any differences between two principles?
Determine the role would technology play if there was a move to harmonization of accounting standards across countries? Explain your reasoning.
What countries would you choose to export and what problems do you see, and why do they trouble you?
Assume two nations that each manufacture two goods X and Y defined as follows. Assume that the home country experiences technological growth in X sector such that α rise to 12.
Assume that the interest rate in Irish banks is 5 percent for a one year CD. In the United States, the rate is 2 percent for a one year CD.
Discuss the characteristics of international, multidomestic, global, and transnational strategies. Include situations and a specific example in which each strategy would be most appropriate.
Suppose that the Untied States decides to subsidize the export of U.S. agricultural products, but it does not increase taxes or decrease any other government spending to offset this expenditure. Using a three-panel diagram, show what happens to na..
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