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Question: Pay special attention to the Specific Factors model of trade
What are the assumptions?
What gives rise to trade?
How is the relative world price determined after trade?
How do you demonstrate gains from trade?
What are the key theorems/principles that result from the model?
In mid-2002, it was announced that one of the leading bond funds managed by PIMCO now had more assets under management than the Fidelity Magellan Fund.
Suppose that Kenji, an economist from an AM talk radio program, and Lucia, an economist from a university in Massachusetts, are arguing over budget deficits.
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How inflation has affected your buying power.
Explain about how tax cuts or rebates affect millions of other people and their decisions, and then how that affects the whole economy.
imagine that your learning team is a group of international reporters. you have been tasked with describing and
Your company has a customer who is shutting down a production line, and it is your responsibility to dispose of the extrusion machine. The company could keep it in inventory for possible future product and estimates that the reservation value is $250..
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Using the Internet search engine of your choice, complete a search on the economics concepts behind 'New Institutional' popularised by Professor Douglas North.
Choose a branded product (For example - Walkers' Crisps, Dyson's Vacuum Cleaner) that is widely marketed in the UK at the moment but not yet available in Japan.
What does "ambulance restocking" mean and who pays for it? How can fraud and abuse problems result? The response must be typed.
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