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International oil has been described as the lifeblood of industrial society. A National Security Council paper in 1953 noted that American Based multinational oil companies were instruments of U.S. foreign policy. The underlying assumption of the paper (and U.S. policy in 1954) was the interests of the companies and the U.S. government were parallel, if not identical. Is this assumption still valid? If not, how has the role of the companies changed over time? What were the major factors that contributed to the changes? Is it likely that international oil will always be primarily governed by geopolitical rather than economic factors and therefore that the role of governments will become increasingly dominant in the governance of international oil?
Is there an optimum population size for a country? Optimum (best) population arises while productivity that is output per person is highest. • An under-populated country ca
Do you agree with what Dick Brandon said regarding sex? Do not take this question too seriously! Even though the quotation had a humorous intention, this does highlight a serio
1. Imagine that two countries, Richland and Poorland can produce just two goods, computers and coal. Assume that for a given amount of land and capital, the output of these two pro
Is unemployment and underemployment a problem? The cost of unemployment is both: • Economic along with the opportunity cost of lost output raised poverty and inequality
Explain the elasticity of price expectations?
What is social inclusion? Social Inclusion: Social inclusion implies the whole of society enjoys the advantages of economic activity (as income) and have complete access
Short Answer Questions. assignment is based on answers which align to DADA style. pls can u send a quote to me
How can trade agreements assist development? A trade agreement is while two or more countries to by decrease or abolish tariffs, non-trade and quotas barriers which are establ
Suppose that historically, the proportion of people who trade in their old car to a car dealer when purchasing a new car is 48%. Over the previous 6 months, in a sample of 115 new-
theory of profit maximisation
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