Question

In: Economics

1. Many people in Texas are employed by foreign owned firms. Which countries are the top...

1. Many people in Texas are employed by foreign owned firms. Which countries are the top 5 foreign-employers in Texas?

2. . What percentage of the exports from Texas are originated in the Dallas/Fort Worth/Arlington area? Which area is number one?

3. Which three countries are the top Exporters into the U.S. from the December 2019 year to date figures? List them in order from high to low in terms of their value in U.S. Dollars (round to billions) as well as their percentage of total exports.

6. Which are the top three importers into the U.S.? List them in order from high to low in terms of their value in U.S. Dollars (round to billions) as well as their percentage of total imports.

Solutions

Expert Solution

1. Nearly 1 out of 5 jobs in Texas depend on Foreign Trade. The United Kingdom, Germany and France are among the top five countries for foreign direct investment projects in Texas. The United Kingdom ranks first for share of Texas' private industry employment at foreign-owned firms. Refer to the following table for a better reference with regards to company name and country:

2. 13.3% of exports from Texas are originated from the Dallas/Fort Worth/Arlington area. According to recent data from 2017, Dallas is the number one area with export of $30.3 Billions.

3. The top 3 exporters to USA in high to low order ar as follows:

4. Similarly for imports:

The data has been taken from census.gov of the United States of America.

Rahul Sunny answered 1 year ago
Next > < Previous

Related Solutions

In many third world countries, foreign investors are concerned about whether the country’s government and firms...
In many third world countries, foreign investors are concerned about whether the country’s government and firms will repay their debts. As a result, foreign purchases of domestic assets depend not just on the domestic interest rate (r) but also on the government’s budget deficit (G − T). Specifically, a higher budget deficit reduces foreign purchases of domestic assets. Suppose the government in such an economy reduces government purchases . Assume that exchange rates are floating. a. What happens to output,...
On the global scene, many people feel as if foreign assistance which is supposed to be...
On the global scene, many people feel as if foreign assistance which is supposed to be a target at population health, should not be given to countries with known histories of abuse and having corrupt governments. Others do not see value in withholding aid since it is believed to be the only form of influence available. What is the rationale for each of these views? Where do you fall on the issue?
JCPenney has recognized numerous opportunities to expand in foreign countries and has assessed many foreign markets,...
JCPenney has recognized numerous opportunities to expand in foreign countries and has assessed many foreign markets, including Brazil, Greece, Mexico, Portugal, Singapore, and Thailand. It has opened new stores in Europe, Asia, and Latin America. In each case, the firm was aware that it did not have sufficient understanding of the culture of each country that it had targeted. Consequently, it engaged in joint ventures with local partners who knew the preference of the local customers. a). What comparative advantage...
1. Which is characteristic of a perfectly competitive market: A) THere are many firms in the...
1. Which is characteristic of a perfectly competitive market: A) THere are many firms in the market b) It is easy to enter/exit the industry c) Every firm has a small market share in the industry d) Information on prices are easily accessible e) All of the above 2. The perfeclty competitive firm reaches a break even point when: a) price=total cost b)price=minimum average total cost c) price=maximum average total cost d) price=minimum average variable cost e)price=maximum average variable cost...
Is it necessary to attract foreign people to get job to our countries? What benefits for...
Is it necessary to attract foreign people to get job to our countries? What benefits for our countries?
Discussion Post: Economic exposure of firms (Foreign firms) Many MNCs based outside of the US have...
Discussion Post: Economic exposure of firms (Foreign firms) Many MNCs based outside of the US have suffered from the decrease in value of the USD relative to other currencies. Search the internet for examples of this. Report the company, what the effect was, if the company reacted (or plans to react) to reduce/eliminate their exposure to USD. Don’t forget to include your source.
Which type of firms are better for local communities? Branches of MNCs or locally owned firms?...
Which type of firms are better for local communities? Branches of MNCs or locally owned firms? Give your explanations. PLEASE HELP!
Consider a competitive market served by many domestic and foreign firms. The domestic demand for these...
Consider a competitive market served by many domestic and foreign firms. The domestic demand for these firms’ product is Qd = 700 - 1.5P. The supply function of the domestic firms is QSD = 50 + 0.5P, while that of the foreign firms is QSF = 200. Instructions: Enter your responses for equilibrium price rounded to the nearest penny (two decimal places). Enter your responses for equilibrium quantity rounded to one decimal place. a. Determine the equilibrium price and quantity...
2.There are as many different approaches to foreign exchange transaction exposure management as there are firms...
2.There are as many different approaches to foreign exchange transaction exposure management as there are firms and no real consensus exists regarding the best approach. List and discuss three different exposures you can hedge and three different types of hedges.
Consider a competitive market served by many domestic and foreign firms. The domestic demand for these...
Consider a competitive market served by many domestic and foreign firms. The domestic demand for these firms’ product is Qd = 1200 - 2P. The supply function of the domestic firms is QSD = 200 + 1P, while that of the foreign firms is QSF = 250. Instructions: Enter your responses for equilibrium price rounded to the nearest penny (two decimal places). Enter your responses for equilibrium quantity rounded to one decimal place. a. Determine the equilibrium price and quantity...
ADVERTISEMENT
Subjects
ADVERTISEMENT
Latest Questions
ADVERTISEMENT