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As trade blocks continue to develop (for example, the EU and NAFTA),
what will be the impact on American business, in terms of how businesses create value by integrating the production and distribution of goods, services, and information?
What does this suggest you need to you in your business career?
The firm you work for is expanding its business and would like to start to trade with another nation.
Suppose last year's real GDP was $7,000 billion, this years nominal GDP is $8,820 billion, and GDP-deflator for this year is 120. Determine the growth rate of real GDP?
The Internet has allowed for raised trade in services such as technical support, a development that has lowered the prices of such services related to manufactured goods.
Discuss why can not one nation have a comparative advantage over another nation in production of everything if the 1st country has excellent natural resources,
Think the problem of maximizing u(c,l) subject to pc + wl = w + y, where c is consumption, l (element of (0,1)) is leisure time, and y is non-wage income.
Research the international business activities controlled in one specific emerging market through a well known multinational firm or a multinational organization you know well.
Examine how wage inequality is measured and if it present in your selected industry. My Selected industry is the automotive industry.
Investment A has an expected value of five and a standard deviation of two. Investment B has an expected price of 10 and a standard deviation of five.
The G-20 issued a statement Saturday indicating creating nations we unlikely to back off their demands that created nations do away with subsides and tariff barriers from their farm products.
Based on your reading, which market structure is more applicable for the market for building commercial aircrafts, when there are two major manufacturers of the commercial airplanes and little possibility of entry by new firms:
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?
Would there ever be an instance in which a relatively small nation could profit from comparative advantage with a much larger nation?
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