Many reasons for why the United Kingdom voted to leave the European Union have been proposed. A common one is that imports from the EU hurt low-skilled British workers. Suppose that there are two industries, financial services and manufacturing. Further assume that there are two factors of production, low- skilled and high-skilled workers, and that finance is high-skill intensive and manufacturing is low-skill intensive. Further assume that the United Kingdom is abundant in high-skill labour.

a) Show using the Heckscher-Ohlin model of international trade how relative wages for low-skilled and high-skilled workers are determined when the UK is a member of the EU (i.e. when there is free trade between the UK and the rest of the EU). Explain your answer.

b) Describe also how the relative output of financial services versus manufacturing in the UK changes with Brexit. Explain your answer.

Note: Plagiarism is strictly prohibited please do not copy from internet

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Question 1. Game theory is the study of multi- player decision making in situation where the choices of each player may affect the pay-offs received by other players. Arrange how many types you can categorised Game Theory. (200 words)

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Note: Plagiarism is strictly prohibited please do not copy from internet

Note: Plagiarism is strictly prohibited please do not copy from internet please

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Question 01: Explain with examples what is the positive and nominative Economics (150 to 200 words)

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Note: Plagiarism is strictly prohibited please do not copy from internet please

1/ What do you think accounted for the growing opposition to the war in Vietnam?

2/ Was the American failure in Vietnam a political or a military one? Can you Explain it for me please

Analyze Porter's Five Forces to determine profitability in the Apparel industry.

1. Threat of new entrants

2. Buying Bargaining Power

3. Supplier Bargaining Power

4. Threat of substitutes

5. Rivalry Intensity

Then analyze what Nordstrom's competitive advantages are

Walmart (WMT) is robotic janitors in some of its stores. Walmart has purchased several Autonomous Cleaner (Auto-C) robots from Brain Corporation. An Auto-C robot looks like a Zamboni, the machine used to clean ice rinks. The robots scrub floors and clean store aisles. Sensors in the robots allow them to navigate around customers and other objects, so the robots can be used during store operating hours.

Management at Walmart has stated that the robots are to be used to free up employee time. Management reasons that if the robots do the repetitive tasks, employees will be better able to help shoppers and do other tasks. Management estimates that an employee at each store with the Auto-C robot would have spent two hours per day doing the cleaning that the Auto-C will perform.

Walmart is also using Auto-S robots in its stores, which scan shelves in the stores to help keep track of inventory that is out of stock, mislabeled, or priced incorrectly. The Auto-S robots are three times as fast as humans and twice as accurate.

In addition, Walmart is using conveyor belt robots that sort products from trucks as they are unloaded. The conveyor belts cut the number of employees needed in the unloading process in half.

Approximately 50% of Walmart’s workforce is part time, up from 20% in 2017 (Reuters.) Walmart raised the minimum wage in its stores to $11 in 2018. Walmart employs more than 2 million people worldwide.

Questions

• Do you think that the costs of robots are mostly variable or fixed? Explain.
• Would the cost of full-time hourly employees behave mainly as a variable cost or a fixed cost? Does your answer change if you consider part-time hourly employees rather than full-time employees? Explain.
• How would Walmart’s break even point change by using robots rather than hourly employees?
• What are some of the advantages to Walmart of using employees rather than robots?
• What are some of the advantages to Walmart of using robots rather than employees?

1. Define the relationships between the UN Sustainable Development Goals? Explain in what ways these goals may conflict or synergize with each other.

Were Americans in the Cold War really living in the "happy days" of economic prosperity during the 1950s and beyond? Or was their Cold War reality more of a "happy daze" with fears of communism and social change on their minds? Discuss with your classmates the realities of life in a cold war America.

1. The loans provided by banks have three elements: (L, r, C). Where L is the amount of the loan, r is the interest rate on the loan and C is the security for the loan. At this time, businessman X received a loan (500 million, 10%, 200 million) from the bank. At this time, businessman X is a person who wants to maximize the expected rate of return, and there are two types of projects X can invest in, and each income R is as follows. (30 points)

(Hint: If collateral businessman X declares default, it can be used by the bank to make up for the default.)

Project A

R = 400 million probability 0.5

= 800 million probability 0.5

Project B

R = 200 million probability 0.5

= 900 million probability 0.5

(a) If the bank doesn't know which project X is choosing, X is

Would you like to do a project?

(b) Suppose the bank has increased the amount of collateral from C = 200 million to C = 300 million. If the bank doesn't know which project X is choosing, what project does X want to do?

(c) If the answers in (a) and (b) are the same, explain the same reason, if different, explain the other reason.

Type or paste question here

Required word count: 250 words

Go to the internet and find a news article posted within the last month that discusses a potential positive or negative externality. Summarize key points in your initial discussion post. Be sure to use the concepts, terminology, and frameworks we are covering this week. For example, you may want to address what externality this regulation attempting to address? Is it a positive or negative externality? What is the current policy being used? Is there an alternative policy approach that may work better/worse (taxes or subsidies, for example) and why? How effective does the current policy appear to be working?

Also include a paragraph using microeconomic terminology, reflecting on specifically what was learned from the assignment and how you think you could apply what you learned in the workplace.