Political reasons why people argue against free trade
Please illustarte answer with relevant examples from political perspectives
In: Economics
In: Economics
In: Economics
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Question. One reason for creating international organizations that facilitate trade negotiations is the assumption that although all countries benefit if everyone lowers trade barriers, each country has an incentive to deviate and increase its tariffs. The following two questions focus on this issue.
a) Mention two ways discussed during the course how the overall welfare of a country can increase because of higher import tariffs. Explain each mechanism.
b) Use the prisoners dilemma from game theory to explain why multilateral trade negotiations , are important.
In: Economics
1.1.1 Identify and explain three (3) benefits of
investing in global stocks. (9)
1.1.2 Provide four advantages which investors maximize on by
investing through the JSE. (4)
1.1.3 Explain the purpose of the JSE in South Africa. (3)
1.1.4 Explain the importance of ‘Indices’ (2)
1.1.5 Determine one shortfall of investing through the JSE.
In: Economics
10. Based on compensating differentials who would you expect to earn more a lumberjack or a store clerk?
11. How do unions control the supply of Labor?
12. What does it mean that a good is excludable?
In: Economics
What are the roles of the International Monetary Fund, the World Bank and the World Trade Organisation? Detailed explanation required.
In: Economics
How have the roles of the IMF, the World Bank and the WTO changed over the last number of decades? Detailed explanation required
In: Economics
Discuss about the impacts of FDI on China's economy
There are a lot of impacts of FDI on China's economy
Plz write some important impacts of FDI. What is more, plz give me some datas of the impacts of FDI on China's economy
In: Economics
13. What does it mean that a good is rival in consumption?
14. What kind of good is both excludable and rival in consumption?
18. Why do special interests so have so much power in our political system?
19. Explain the median voter theorem.
20. Why are voters rationally ignorant?
In: Economics
You are given the following information. The current dollar-pound exchange rate is $2 per pound. A representative basket of goods and services costs $100 in the US and $120 (dollars, not pounds) in the United Kingdom. For the next year, the Fed is predicted to keep U.S. inflation at 2%, and the Bank of England is predicted to keep U.K. inflation at 3%. The speed of convergence to absolute PPP is 20% per year. That is, if the real exchange rate today is 1.4 and the speed of convergence to absolute PPP is 15% per year, the real exchange rate in one year will be 1.4-0.30*0.4=1.28).
What is the expected U.S. minus U.K. inflation differential for the coming year?
What is the current U.S. real exchange rate qUS/UK with the United Kingdom? (recall that qUS/UK is defined as the ratio of prices in the UK to the US, both expressed in a common currency).
By what percentage is the dollar overvalued or undervalued relative to its absolute PPP level
What do you predict the U.S. real exchange rate with the United Kingdom will be in one year’s time?
What is the expected rate of real depreciation for the United States (versus the United Kingdom)?
What is the expected rate of nominal depreciation for the United States (versus the United Kingdom)?
What do you predict will be the dollar price of one pound a year from now?
In: Economics
a. what allows the Fed to be independent g. what are the problems of using fiscal policy and what are the problems of using monetary policy h. why a balanced budget can be destabilizing.
b. what are the characteristics of a good commodity money and why?
c what gives fiat money its value and what are the advantages and disadvantages of fiat money
In: Economics
BK Books is an online book retailer that also has 10,000
“bricks
and mortar” outlets worldwide. You are a risk-neutral manager
within the Corporate Finance Division and are in dire need of
a
new financial analyst. You only interview students from the
top
MBA programs in your area. Thanks to your screening
mechanisms and contacts, the students you interview
ultimately
differ only with respect to the wage that they are willing to
accept. About 10 percent of acceptable candidates are willing
to
accept a salary of $140,000, while 90 percent demand a salary
of $190,000. There are two phases to the interview process
that
every interviewee must go through. Phase 1 is the initial
onehour
on-campus interview. All candidates interviewed in Phase
1 are also invited to Phase 2 of the interview, which consists
of
a five-hour office visit. In all, you spend six hours
interviewing
each candidate and value this time at $2,500. In addition, it
costs a total of $8,000 in travel expenses to interview each
candidate. You are very impressed with the first interviewee
completing both phases of BK Books’s interviewing process,
and she has indicated that her reservation salary is
$190,000.
Should you make her an offer at that salary or continue the
interviewing process? Explain.
In: Economics
In: Economics
According to some U.S. Treasury officials, China’s currency, yuan, is considered significantly undervalued. Assuming it is true, explain what Chinese government needs to do in order to maintain their currently undervalued official exchange rate. Also, explain the effect of keeping yuan undervalued on the Chinese money supply and inflation.
In: Economics