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Question 1: What are the three approaches to measuring GDP?
Question 2: Would an economist consider clean air a scarce resource? Explain.
What can you say about the ef?ciency of world production and the division of the gains from trade between Home and Foreign in this case?
Do a Country factor Analysis and make recommendations to Management regarding the Country factors.
Explain how international trade affects our economy. How the idea of comparative advantage was relevant to trade negotiations?
Calculate the percentage change in the money supply if the cash reserve ratio were instead reduced to 6%. Explain your results and illustrate your answers in both cases with the appropriate diagrams.
What will be the effects of an increase in the money supply
Find the current state of the dollar versus other international currencies? What has been trend for the last six months and Determine the size of the national debt?
Propose a new law covering Global Internet sales (a hypothetical international law) which will help protect artist rights and ability to be compensated for creative works.
In Peru each worker can produce 30 bushels of corn per year, while in Colombia each worker can produce 40 bushels of corn per year. This implies that Colombia should specialize in corn production when trade is opened up between these countries.
Assume that 1967 is the base year for the Consumer Price Index and in 1988 the CPI is 340. What does this "340" mean?
Determine the key institutional constraints that must be considered. Next, analyze whether or not the institutional constraints you determined support the market entry into the new country that you selected.
Discuss the causes of the recent currency crisis in Turkey. What are the implications for the Turkish economy and the global economy?
Identify a new product(s) and/or service(s) opportunities according to the Beacon Council South Florida Target Industries-Products/Services to do business.
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