Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Assignment
Under fair economic regulation in the global world, I do not think global outsourcing is bad. What I mean by the fair economic regulation would directly refer to an economic system without any direct government intervention which is only profiting one nation. As the definition of capitalism, firms naturally following the profit, cost management in this case, is certainly an obvious thing to do. For instance, the concurrent situation of the Donald Trump's policy would be this. Until now, many of the Asian nations benefited enormous amount of profit from international trade, but Trump is arguing this hasn't been fair from U.S. perspective, by imposing higher tax rate on imported goods and etc. Thus, without severe government intervention global outsourcing is not bad. Furthermore, cutting the amount of management cost down by moving their manufacturing factories to other nations, U.S. nations will eventually benefit in the long-run. This would be good from U.S. citizens too, because growth of the firms would eventually circulate the money in inner economy of the U.S. which will end up in increase in the general economic growth of the nation. But global outsourcing may look ugly, because firms are optimizing their cost management by using cheaper labors and resources outside. However, I believe this is a natural things to be done in capitalism. Hence, I believe global outsourcing is an inevitable aspect of the current economy just like the drastic development in AI. I do not think higher corporate tax in U.S. is major encouragement of U.S. firms to outsource, but it is definitely one of the elements causing them to outsource as well. Perhaps, tax adjustment in U.S. might be necessary in the future.
Compare the automotive manufacturing industry today to the automotive manufacturing industry of the 1950's. Applying the economics of price and output, what is the difference between the industry of today and that of the 1950's.
Explain why do you think we have laws that prohibit discrimination in pay based on sex or race but permit employers to discriminate in pay based on education or experience.
Moorea spends all of her income on Mochi Frozen Yogurt which costs $1 per cup. She makes $400 per month but lives in a bad neighborhood and is robbed of half her money 20% of the time. Assume YN and YR represent her consumption of yogurt in cups i..
In the text, we considered a sequential move game in which an entrant was considering entering an industry in competition with an incumbent firm. Consider now that the entrant, if fought, has the possibility of withdrawing from the industry (at a..
Assume the corporate income tax were eliminated and revenue lost was made up through rising the payroll tax rate on labor earnings.
Monopolies can sometimes find themselves in difficult financial situations that lead to losses. Suppose Mr. Burns' power company has a monopoly for providing electricity in Springfield. His costs of upkeep are so high that he is constantly losing ..
the federal reserve buys bonds in the open market an open market purchase. what are the affects on monetary base the
Consider a consumer who lives for three periods: youth, middle age and old age. When young, the consumer earns $20.000 in labor income. Earnings during the middle age are uncertain: there is a 50% chance that the consumer will earn $40.000 and a 5..
Suppose that technophiles are willing to pay $400 now for the latest iPhone, but only $300 if they have to wait a year. Normal people are willing to pay $250, and their desire to purchase does not vary with time. Ignore the time value of money a..
Providing the current situation with General Motors, our team is recommending that they (GM) reduce their current operations in order to maximize profits.
Describe Mundel's Fleming's Model and state the assumptions based on the Model. Outline the prospective equations therein.
Illustrate what are some obstacles to successful international economic policy coordination in terms of current global economic and political policies and their impact on business decisions.
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd