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Economists have debated the political economy of regional preferential arrangements in relation to the goal of removing all of the world’s inefficient trade restrictions. What ways can you think of,grounded in the political economy of trade policy, by which preferences could pave the way toward world trade liberalization? How could they retard it?
Decrease costs across the board. Find out elasticities of the products and increase the price on the inelastic shoes.
With the decrease in demand for bridge and tunnel crossings, what is the optimal way to adjust tolls: raise tolls, lower tolls, or leave unchanged.
You are to consider pricing separately, pure bundling, and mixed bundling. Without computations, which pricing policy from above would you recommend. Please explain why.
Illustrate what implications would increasing worker protections have upon the ability of American companies to compete globally.
elucidate how the proposed carbon tax for australia would help reduce negative externalities, pollution levels in australia.
You arranged the subsequent information to use in evaluating the financial feasibility of starting your own agency.
Given economic conditions today, do you suggest expansionary fiscal policy or contractionary fiscal policy. Illustrate what effect would your suggestions have on production and employment.
Why do pork also lamb have comapritively high price elasticities of demand compared with the other foodstuffs in the table.
Specify the set of mutually beneficial allocations relative to the initial endowment and illustrate the set.
Illustrate what public policies might be used to address one of the problems you identified in your response to the question above.
Now? suppose? that? the ?first ?firm? has? a ?capacity ?of ?2 ?and? the? second? firm? has ?a ?capacity ?of ?4.
Explain how will the bank respond to the withdrawal. Suppose that the bank responds to insufficient reserves by reducing the amount of deposits it holds until its level of reserves satisfies its required reserve ratio.
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