Question 1

1. a) Discuss the exchange rates (real and nominal).
2. b) Discuss what is an appreciation and what is a depreciation.
3. c) Discuss how an appreciation of Euro can affect Irish current account surplus. What will happen to the NCO then?
4. d) Can you explain what you are expecting to happen we have a depreciation of Euro?
5. e) Connect you answers in (d) above with the IS-LM model. Show it in a graph.
6. f) Briefly discuss what does the PPP theory say? Can you explain the limitations of PPP?

Topic/ All government activities should be financed with a benefit tax.
write an essay in which you argue the statement is true. Use a diagram of an economic model if it helps in making your argument. Your essay should be 500-600 words

The Palm Tree Café is considering to buy a new Coffee blending machine.  Since there are many offerings, the manager asks for your professional opinions.

Which Engineering Economics Principles can be applied in this problem? Give 3 principles and their reasons.

1. How did politics develop in Renaissance Italy? How are those developments reflected in the writings of Machiavelli?

I am about to start my undergraduate thesis, I need an interesting topic related to business Administration. I would like to have any recommendation, preferably something with Marketing, Describe how the content and abstract would be. And how will be the research method to accomplish?

Consider the two investments shown below, only one of which can be chosen. They are one-shot investments. Calculate AW_2-1 assuming 14.7914 interest rate.

Consider the Heckscher-Ohlin model with two countries, Home and Foreign, and two goods, carpets and tableware. There are two factors, capital and labour, each of which can be used in the production of either good. Home is capital abundant whereas Foreign is labour abundant. Let PC and PT represent the prices of carpets and tableware, respectively. Assume that under autarky we have (PC/PT) Home < (PC/PT) Foreign. Moreover, assume that there is some degree of substitutability in production between capital and labour.

(a) Given the information above, which good is capital intensive and which good is labour intensive?

(b) Consider free trade between Home and Foreign. What is the trade pattern, i.e., which country exports and imports which good?

(c) As a result of trade, what happens to production of carpets and tableware (increase or decrease) in each country?

(d) As a result of trade, explain what happens to wage/rental ratio in each country as well as labour/capital ratio in each industry in each country?

(e) Who will support and who will oppose to free trade in each country?

(f) Now suppose that some of the workers from Home country migrate to Foreign country. (Assume that both goods continue to be produced after migration and goods prices are constant, i.e., does not change). Which factors benefit and which factors lose in each country? What happens to the production of each good in each country?