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International trade has pros and cons. Economists generally support free trade. International trade has played a significant part in promoting economic development and technology transfer among countries. There are also various arguments in favor of restricting international trade: protecting jobs, defending national security, helping infant industries, preventing unfair competition, and responding to foreign trade restrictions. 1. What is the impact of free trade on domestic job creation policy? Elaborate with examples. 2. What are the impacts of outsourcing and off-shoring on trade liberalization (globalization) and economic structure? 3. What are the pros and cons of importing cheap goods and services?
How might you construct a measure of the change in the price level. Illustrate what additional information might you need to construct your measure.
q.clarify the two different sources of earnings differences in the labor market. then separately for differences by
What is the effect on East Asia's Willingness to trade? b. Assuming that each region is large enough to influence international prices, how do East Asia's good-growing seasons in food affect the equilibrium international price ratio?
Jack is in the umbrella making business. The economic cost of each umbrella is $2. Illustrate what are the formulae for both the average economic cost curve and marginal cost curve.
Some say which we should propose an amendment to the U.S. Constitution which would need a balancing the federal budget
Why might failure to specialize explain why Neanderthal groups in difference areas did not trade?
In contrast to a socialist economic organization, how would a capitalist system differ. Consider who owns capital (means of production) in two models.
What was the impact on the supply and demand of labor on one sector of the labor market? Explain the factors that affected labor demand and labor supply in the chosen historical example.
q.in the wake of the energy crisis in california many electricity generating facilities across the nation are
q.the missing link chain-link fence company is trying to determine how many chain-link fabricating machines to buy for
Compare the two cases and summarize the effect of collateralization on the other terms of the loan. Does it increase or decrease the welfare of the borrower and the lender.
Compute another firm in a competitive industry that faces a market determined price of $25. the firm is producing 10,000 units of output, and average total cost, which at its minimum value, is $25. Answer part a for this firm
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