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Why do economists pay more attention to national economies (for example, the U.S. or Canadian economies) than to state or provincial economies (such as California or Ontario)?
What are the advantages of having comparative advantage in a car industry?
Are you for or against free trade Are you for or against NAFTA What is the economic basis for 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 difference..
In recent years the exchange rate of the $ has been noticeably high against the yen. If for some reason investors around the world now decide that this increase is a temporary phenomena and that the $ will fall relative to the yen in coming months..
Commercial real estate prices and rental rates suffered substantial declines in the past year (Newsweek, July 27, 2009). These declines were particularly severe in Asia; annual lease rates in Tokyo, Hong Kong, and Singapore declined by 40% or more..
You are working for George Soros and trying to figure out whether to invest $1B in the U.S. or in Turkey. The interest rate for similar assets is 7% in the US and 3% in Turkey. He needs your answer by Wednesday.
Refer to the Real Estate data, which reports information on homes sold in the Goodyear, Arizona, and area during the last year. Prepare a report on the selling prices of the homes. a.) Around what values do the data tend to cluster
Assume a scenario where you are an entrepreneur considering to expand your production of kitchen gadgets. You require to pay back a loan of $5,000,000 over 5-years.
In a speech at the CFA Society of Nebraska in February 2007, William Poole, former Chairman of the St. Louis Federal Reserve said: Over most of the post-World War II period, the personal saving rate averaged about 6 percent, with some higher years..
The world price of wine is below the price that would prevail in the United States in the absence of trade. a.) Assuming that American imports of wine are a small part of total world wine production, draw a graph for the U.S. market for wine under ..
Is it not right to use the total revenue test for elasticity, when there is a direct relationship in price and total revenue the demand is elastic?
Suppose US and Russia produce only two goods meat and potatoes in a week's time according to the table below which shows their production possibilities. Usa: Meats 2lbs Potatoes 4lbs Russia: Meats 5lbs Potatoes 20lbs ..
A certain commodity cost 0.5 pound sterling in the United Kingdom. In U.S. denominated dollars, this same item can be purchased for 85 cents. The exchange rate is 1 pound sterling= $1.80 U.S. a. Should this commodity be purchased in the United King..
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