Why would a country want to join the European Monetary Union and
what would be the downside of this decision ? Who would be the
winners and who would bethe losers ? If you’ve travelled abroad,
please share your experience with foreign transactions. Please use
economic terms in response.
The United Kingdom decided not to join other European Union
countries in using the euro as its currency. One opponent of
adopting the euro argued, "It comes down to economics. We just
don't believe that it's possible to manage the entire economy of
Europe with just one interest rate policy. How do you alleviate
recession in Germany and curb inflation in Ireland?"
a. What interest rate policy would be used to alleviate
recession in Germany?
b. What interest rate policy...
Explain the NAFTA, the European Union and the Economic and
Monetary Union (Eurozone) and compare their differences. In
particular, you need to discuss their differences in the level (or
depth) of economic integration and a member country's degree of
freedom in implementing its domestic fiscal and monetary policies
as well as its external trade policy in
detail.
Explain what technical analysis is and how you can use it to
make an investment decision. Please provide examples to illustrate
your points and any website visited.
Using graphical analysis in explaining your answer,
describe a model to illustrate how the integration of production
factor markets leads to a better allocation of capital and
labor
(i) Explain using graphical analysis the terms-of-trade argument
against free trade.
(ii) On the basis of your answer in item (i), please comment on
the following statement using the evidence discussed in class about
the effects of the 2018 waves of tariffs applied by the U.S.
government: President Trump via twitter on 11/29/2018: “Billions of
Dollars are pouring into the coffers of the U.S.A. because of the
Tariffs being charged to China, and there is a long way to go....
(i) Explain using graphical analysis the terms-of-trade argument
against free trade.
(ii) On the basis of your answer in item (i), please comment on
the following statement using the evidence discussed in class about
the effects of the 2018 waves of tariffs applied by the U.S.
government: President Trump via twitter on 11/29/2018: “Billions of
Dollars are pouring into the coffers of the U.S.A. because of the
Tariffs being charged to China, and there is a long way to go....