Question 1

(a) Interpret the prediction of Hecksher-Ohlin theorem on international trade in the exports and imports.

(b) Determine three (3) critical assumptions of a simplistic and specific version of Hecksher-Ohlin theory for gains in trade, which can be challenged as not true in the real world?

(c) Demonstrate why the highly restrictive assumption of Hecksher-Ohlin theorem that determines the pattern of international trade, which is also referred to as the factor proportion theory, is also deemed as unrealistic?

Question 2

(a) Analyse what triggered President Trump in the U.S. in 2018 to impose protectionisitic tariffs on China, Mexico, Canada and the European Union.

(b) Discuss, with an appropriate diagram, how the U.S.-China trade war led to economic inefficiencies.

(c) Discuss how China as the Factory of the World is based on its comparative advantage while the U.S. loses its competitiveness.

Compare the advantages and disadvantages of using a branch office to sell goods overseas compared to that of a subsidiary as a sales company.

Discuss two major risks in foreign trade and how to manage them.

1) Define inflation, explain the different types of inflation and discuss the curse of inflation?

2) Which of them is or will more likely to become reality in our time of pandemic?

I need an essay of definition of e learning

I need an essay with a tittle of E-learning history of 3 pages

One policy of the ACA was to mandate insurance providers introduce zero cost-sharing (0 out-of- pocket cost for the consumer) for the cost of at least one version of each form of prescription contraception. A recent study found that this policy reduced condom use and increased sexually transmitted infections (STIs), more specifically chlamydia and gonorrhea. Using economic theory, explain why this policy caused the decrease in condom use and increase in STIs.

The final four chapters of this course cover the 4 market structures: perfect competition, monopoly, monopolistic competition, and oligopoly.  

For this discussion, you are to choose a business and explain, in detail, in which market structure they belong.  Be sure to include the following:

• Is it easy or difficult to enter the market? Is it easy or difficult to exit the market? Why or why not?
• What type of product or service do they provide - unique? homogeneous? differentiated?
• Do they have competitors? If so, who? If not, why not?
• Are they price takers or price makers?
• Do they differentiate themselves from their competitors (if they have competition). How do they differentiate (for example, customer service, location, quality, etc.)

Your initial post should be at least 250 words. Be sure to include references and citations for any information you included. Opinions are welcomed, but make sure they are "educated" opinions with resources to back them up. Post directly into the text area (do not attach files unless they are supplementary material).

Choose one of the following questions and post a response:

1. Why does the demand curve for a good slope downward to the right? What does the downward slope reflect? Use a specific product or service as an example in your post.
2. What is the law of supply? What does it imply about the supply curve for a good or service?  Use a specific product or service as an example in your post.
3. If the quantity of a good consumers are purchasing exceeds the quantity producers are willing to supply at the current price, what will happen to the market price in the future? Why?   Use a specific product or service as an example in your post.
4. What does the height of the demand curve for a good indicate? What does the height of the supply curve for the good indicate? What condition must be present if an exchange is going to occur?   Use a specific product or service as an example in your post.
5. In a market economy, will units of a good be produced and purchased if consumers value them more than their cost of production? Explain. If the production cost per unit of a good exceeds the value derived by consumers, will the good continue to be produced and consumed? Why or why not?

Your initial post should be at least 250 words. Be sure to include references and citations for any information you included. Opinions are welcomed, but make sure they are "educated" opinions with resources to back them up. Post directly into the text area (do not attach files unless they are supplementary material).

Here is the context in which you should write your final exam. Bronner’s Christmas Store is one of the largest in America. Bronner’s currently has one store located in Frankenmuth, Michigan. Bronner’s has decided to open up a second store in Heidelberg, Germany. Reflecting on each chapter in our textbook, respond to each of the following questions as though you were hired to be a consultant to Bronner’s.

Please describe the exchange rates between the Euro and the Dollar. What are the exchange rate risk for Bronner's.

1. Define for each scenario whether AD (Aggregate Demand) or AS (Aggregate Supply) will shift, and indicate if it will be an outward shift (rightward) or inward shift (leftward).

1. A fall in the price of oil
2. A rise in consumer optimism
3. A hurricane destroys factories in South Carolina
4. Foreigners watch fewer U.S.-made movies
5. New inventions occur at a faster pace
6. A faster money growth
   

Living in the province of Alberta, it is easy to see the importance that oil has to our economy.

1. Briefly describe the current situation facing the global oil sector. (approx 200 words)

Recently, several big tech companies have been experiencing increasing criticism for alleged anticompetitive behavior. Google, Facebook, Amazon, and Apple are currently under a broad anti-trust review opened by the US justice department in July 2019. Facebook is under anti-trust investigation by 47 state attorneys general. Additionally, the European Union recently fined Google $2.7 billion for manipulating its search results. Some US political candidates have observed these trends and are calling for the break-up of big tech companies.

The Wall Street Journal recently reported that Amazon changed its product search algorithm to prioritize items that generate higher profit margins for their company (including its own branded products) over items that are better selling or more relevant to consumers. Products that are no longer prioritized may include those sold through the site by third-party sellers.

Based on your analysis of the game day, readings, and class discussion in this module, do YOU believe regulators step in to stop this behavior? Why or why not?

1. Those who favor increases in tax rates are often disappointed that the additional revenue turns out to be less than expected. Conversely, those who fear that cuts in tax rates will substantially reduce the government’s revenues have often been surprised to find the government’s revenues rising. Explain both of these phenomena.