The Saudi Arabian economy has developed with the use of large
numbers of expatriate workers. In a critical essay, indicate the
benefits and risks associated with the dependence on large numbers
of expatriate workers. Should Saudi Arabia seek to include or
exclude labor mobility in future regional free trade agreements?
Why or why not? What implications does the Saudi Vision 2030 have
on labor mobility?
Discuss the impact on the oil market if Saudi Arabia
dramatically increase the quantity of oil it produces and sells
each year. Specifically, address how this will effect market
quantity, market price, and the amount of profit Saudi Arabia and
other oil producers make selling oil. Assume that oil production is
an oligopoly market where there are only a few firms and they all
sell the same product (commodity).
Saudi Arabia steps up oil price war with big production
increase
Saudi Arabia has intensified the oil price war by ordering its
state-owned producer, Saudi Aramco, to raise the maximum production
rate to record highs of 13m barrels a day.
The world’s most profitable company told the Saudi stock exchange
on Wednesday that it would increase how much oil it can comfortably
pump per day by 1m barrels to its highest rate ever.
The state order to raise Aramco’s “maximum...
Suppose there is an increase in income in the rest of the world,
which in turn increases the demand for domestic goods. Then,
caeteris paribus (all else equal), this will cause:"
Aggregate Demand shifts left
Aggregate Supply shifts right
Aggregate Demand shifts right
Aggregate Supply shifts left.
Consider the world oil market, in which a cartel (OPEC) and a
competitive fringe (rest of the world) are operating. Suppose that
global oil demand and the supply of the competitive fringe are
given by the following functions:
Qw=80-P
Qf=-60+p
suppose the cartel is comprised of 2 countries, let each
countries marginal cost function be as follows:
MC1=5+2Q2
MC2=5+2Q2
Derive the marginal cost function (?C?) of the cartel. (2
pt)
Calculate the price at which the competitive fringe would be...
Trade Agreements and Trans border Flows of
Labor
The Saudi Arabian economy has developed with the use of large
numbers of expatriate workers. In a critical essay, indicate the
benefits and risks associated with the dependence on large numbers
of expatriate workers. Should Saudi Arabia seek to include or
exclude labor mobility in future regional free trade agreements?
Why or why not? What implications does the Saudi Vision 2030 have
on labor mobility?
Consider the political and economic factors that affect the
Saudi Arabian healthcare system. How do these factors relate to
privatization? Health insurance?
Write a paper that addresses the following:
An introduction,
At least two contemporary political factors that impact the KSA
healthcare system
At least two contemporary economic factors that impact the KSA
healthcare system,
The role of privatization in the context of these factors
The role of health insurance in the context of these
factors
A conclusion.
Question no 2-
In your opinion, how the Saudi Arabian bank managers are
managing the risks involved in the local market liquidity as well
as the international capital requirements to cover the credit
risks, market risks operational risk and liquidity risk? How it is
going to ease and solve the current financial requirement of the
markets? Explain in your own words.(Case study)
Abdulsamad Al-Qurashi is an organization in Saudi Arabia
that specializes in Arabian perfumes and bukhoor products. Due to
global demand, the firm would like to expand their business abroad.
Abdulsamad Al-Qurashi plans to make the products in Saudi Arabia
and sell them across their branches in different parts of the
world. What is the alternative strategy for developing global
businesses appropriate for the business – Justify your
answer.