Trade barriers are used by developed and developing countries as a mechanism to protect their economies. Explain at least two types of trade barriers that apply to developed and developing countries? What are some of the advantages and disadvantages of trade barriers? Which of the barriers you mentioned are more effective for developing and developed countries and why? (100 words minimum)

“Banks only lend money to those who don’t need it.” Discuss how this old saying might apply to start-up entrepreneurs.

Among the benefits offered by corporations, at least in the United States, is health insurance. One explanation for why corporations offer such insurance is that this benefit is tax favored: Companies can compensate employees with health-insurance benefits that are treated as nontaxable income. Also, health care providers and insurers (such as Blue Shield) have historically offered better rates to employers for their employees than to individuals who ask for the same coverage. Why is this?

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Unit 7 Assignment: Money, Banks, and the Federal Reserve System

In this Assignment, you will describe how money, banks, the Federal Reserve System, and the effects on money growth based on the rate of inflation.

What problems could result if a nation got all of its investment funds from foreign savers?

Discuss the relationship between nodes/cores and peripheral regions. Use BC’s forestry sectors to explain that relationship in a staples economy.

The COVID virus has had an impact on all facets of our economy. Please discuss the impact it has had on each of the variables below over the net 12 months. Explain if the will increase, decrease, or remain unchanged and the reasoning behind your decision. You do not have to cite the textbook, but all other sources should be cited according to APA format.

1.G (government) 2.Exports 3. Government budget (T-G) 4.The value of our dollar in comparison to the US dollar. 5.The supply of money (M1) 6. The prime interest rate

log(wagei) = β0 + β1edui + β2log(experi) + β3marriedi + β4blacki + β5southi + β6urbani

Using log(wagei) = 5.354 + .0628edui + .134experi + .218marriedi + (-.198blacki) + (-.099southi) + .179urbani

1. What is the marginal effect of experience

2. A “marriage premium” means that married men earn, on average, more than nonmarried men. Holding education, experience, race, and geographic location constant, what is the approximate difference in monthly salary between married men and nonmarried men? Is this difference statistically significant at the 10% level? 1% level?

3. Modify the model by allowing log(wage) to differ across four groups of men: married and black, married and nonblack, single and black, and single and nonblack. What would it look like?

1. The following table looks at the maximum amount of Televisions and Machines that China and Japan can produce. Assume that the trade-off between Televisions and Machine production in China and Japan is always the same.

1. Draw a production possibilities curve for China and Japan. (Assume that China and Japan produce nothing else except machines and televisions.
2. What is the opportunity cost of producing one more machine in China? In Japan?
3. Identify which country has the comparative advantage in machine production and which country has the comparative advantage in television production.
4. Show how China would benefit from trading with Japan.
5. Show how Japan would benefit from trading with China.

1. Describe the four scales of measurement and give an example of how each could be applied in agriculture.