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Question: Suppose the real GDP of an economy is $500 billion dollars and its unemployment rate is 6%. If the natural rate of unemployment is estimated at 4%, what is the value of the country's potential GDP (LAS) in billions of dollars?
What do you see as potential issues with the Chinese policy of censorship when it comes to access of information?
I am an advisor to United State Federal Trade Administration in charge of doing background research that will be used for trade negotiations by policy makers. Discuss advantages and disadvantages of expanding NAFTA.
What are at least three criteria you would use when assigning a manager to work in an overseas location and what are three items you might advise them about before accepting the assignment?
Analyze the role of economic integration in overcoming trade barriers in Japan and Guatemala
The following table explaines the production possibilities of 2-cities in the nation of Boston, determine the price of white socks in terms of red socks in Boston?
Right now many economies around the world are growing much faster than the United States. That means that the gross domestic product (GDP) of countries like China, India, Brazil, and Russia is increasing every year at a faster rate.
What were some of the reasons for the decline in the import-substituting industrialization strategy in favor of a strategy that promotes open trade?
Explain the underlying facts that support free trade and give an example of a good that you purchased recently that is based on resource differences. What are some examples of goods that the U.S. has comparative advantage in producing.
The nature of trade and status of relationships of the two countries with Australia. Is there an existing free trade agreement? If yes, what does it covers?
What does the president and congress do to stimulate the economy? What does the president and congress do to contract the economy?
The Swiss Central Bank currently targets its money growth rate to achieve policy objectives. Suppose Switzerland has output growth of 3% and money growth of 8% each year. What is Switzerland's inflation rate in this case
You work at a firm on wall street that specializes in mergers, and you are the team leader in charge of getting approval for a merger between two major beer manufacturers in the United States.
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