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Indicate five of the world's economies that are the most free. How do the income levels and growth rates of freer economies compare with those that are less free? Has the United States become more or less economically free during the past decade? What impact will this have on the future economic growth of the United States?
Globalization is becoming very important in economic discussions. Describe a recent foreign purchase and whether it is better to source from overseas or should tariffs be in place to protect American manufacturing.
An rise in the Federal minimum wage to $7.25 per hour from $5.15 a hour, suppose that the $7.25 is an effective price floor and that all other things remain steady,
Free trade initiatives discuss against tariffs, quotas, and any other fence to trade. The rush of imports from nations that have a comparative advantage, however, meets with resistance from domestic industries threatened through those imports.
Determine which of the following transactions would contribute to a United States current account surplus and why?
what are your thoughts on the fact that although China, over the last few years, has averaged pretty robust economic growth, the Chinese have been buying a lot of US treasury bills, effectively investing in the US economy as opposed to further inv..
Explain and assess how international law has addressed matters of trade, human rights, and the environment. How have these efforts contributed to developing or retarding the construction of global civil society?
The Thompson company projects an rise in sales from $1.5 million to $2 milliion, but requires an additional $300,000 of current assets to support this expansion.
Analyze how the different forces will come together to create a convergence between the interests of stockholders and managers. Speculate about the implications for the goals of the firm as to whether to maximize the industry's profits or to create..
Suppose that a nation faces a balance of payments deficit with high unemployment. Determine what exchange-rate adjustment can be made to solve these problems?
When the United States imposes a tariff or quota on imports, who pays it? Who profits from a tariff or quota and how do changes in interest rates, inflation, and income affect exchange rates?
Ross Perot added his memorable "insight" to the debate over the North American Free Trade Agreement when he warned that passage of NAFTA would make a "giant sucking sound" as United State employers shipped jobs to Mexico,
At the beginning of the 2000s, the United States imposed high taxes on a number of European goods due to a trade dispute. One of these goods was Roquefort Cheese. Show how this tax affects the market for Roquefort cheese in the United States, shif..
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