Answer each of the following questions on the promise and peril of economic integration.

What will a potential shift of the economic center of gravity from the traditional G-8 countries—Canada, United States, Japan, Germany, UK, France, Italy, and Russia (currently suspended over its annexation of the Crimea)—to the BRICS countries mean?

Does it signal hope for a new wave of economic growth and new engines of regional prosperity to drive the global economy, or does it signal the fading importance of Europe and the United States?

Will the rise of the BRICS countries signal the rise of middle classes within those countries or a further expansion of inequity in income distribution?

How can governance challenges in each of the BRICS countries derail their economic growth?

Resource challenges? Demography and population? The threat of conflict?

In 2012, the per capita consumption of soft drinks in the United States was reported to be 44 gallons. Assume that the per capita consumption of soft drinks in the USA is approximately normally distributed with a mean of 44 gallons and a standard deviation of 14 gallons.

What is the probability that someone in the United States consumed more than 70 gallons of soft drinks in 2012?

1.             0.3752
2.             0.1395
3.             0.2588
4.             0.0316

Refer back to the soft drink consumption data provided earlier. What is the probability that someone in the USA consumed between 20 and 30 gallons of soft drinks in 2012?

1.             0.1265
2.             0.3752
3.             0.0316
4.             0.1154

Refer back to the soft drink consumption data provided earlier. What is the probability that someone in the USA consumed less than 15 gallons of soft drinks in 2012?

1.             0.1265
2.             0.0192
3.             0.0543
4.             0.1395

A survey of CPAs across the United States found the average net income for sole proprietor CPAs is $114,300. Because this survey is now more than 5 years old, an accounting researcher wants to test this figure by taking a random sample of 36 sole proprietor accountants in the United States to determine whether the average net income has increased. Only 500 sole proprietorships practice in the US. The sample of 36 sole proprietor accountants had a mean of $119,000 with a standard deviation of $12,000.

Construct a 99% confidence interval for the population mean net income for sole proprietor CPAs.

Show your work! Formula(s), substitutions, answers! Please round your z or t value to 3 decimal places, and your final answers to whole numbers.

6. Monarch butterflies migrate thousands of miles every fall from Canada and the United States down to Mexico. There they go into a state of diapause for the winter months. Diapause is a period of dormancy in which no growth occurs. When monarchs emerge from this state in the spring, they head north to southern parts of the United States, where they breed. After producing offspring, this generation of butterflies dies. Over the spring and summer, several more generations come and go before the final generation that must make the journey south to Mexico in the fall. In this way, some monarchs never make the migration journey, and those that do must make it without any guidance from other monarchs.

Explain how both environmental and genetic factors must contribute to the timing and directional movement of monarchs in their migration behavior.

Felix, a U.S. technology company has recently developed a revolutionary wireless phone. The product offers exciting new features along with all of the features of current products, but at a fraction of the manufacturing costs. As the international business manager of Felix, you have been asked to choose the best mode of entry into the European market. Your have the following options: o Export your product from the United States. o Enter into an alliance with a large European company. o Manufacture the product in the United States and set up a wholly owned subsidiary in Europe. o License a European firm to manufacture and market the phone in Europe. In preparation for your choice, list the pros and cons of each method of entry. Which choice do you present to your CEO? Support your decision.

Binomial experiments are listed. Decide whether you can use the normal distribution to approximate x with a normal distribution. If you can, find the mean and standard deviation. If you cannot, explain why (or show your work to why not). Part A Five percent of adults in the United States are planning to purchase a 3D television in the next two years. You randomly select 125 adults in the United States and ask them if they are planning to purchase a 3D television in the next two years. ​ Part B A survey of US adults found that 15% read every work of a contract for buying or selling a home before signing. You randomly select 25 adults and ask them if they read every word when buying or selling a home before signing.

The United States Centers for Disease Control and Prevention (CDC) found that 17.9% of women ages 12–59 test seropositive for HPV‑16. Suppose that Tara, an infectious disease specialist, assays blood serum from a random sample of ?=1000 women in the United States aged 12–59.

Apply the central limit theorem for the distribution of a sample proportion to find the probability that the proportion,p^, of women in Tara's sample who test positive for HPV‑16 is greater than 0.202 Express the result as a decimal precise to three places.

?(?̂ >0.202)=

Apply the central limit theorem for the distribution of a sample proportion to find the probability that the proportion of women in Tara's sample who test positive for HPV‑16 is less than 0.172. Express the result as a decimal precise to three places.

?(?̂ <0.172)=

In 1944, finance specialists and bankers from around the world met to discuss what the post-WWII monetary system would be. Given the instability of the pre-war period, the goal was to create a new system. The outcome of this was the Bretton Woods system, which had the U.S. dollar as the world reserve currency linked to gold at $35 an ounce. All other currencies were tied to the dollar with limits on how much they could appreciate or depreciate. The system lasted until the 1970s, when the United States decided to move away from gold convertibility. The modern system is based on supply and demand for currency and a managed float. Discuss the following in your main post:

The U.S. dollar remains the world's reserve currency. Is this good for the United States, and if so, why? please explain in min 300 words

1. Suppose that for the United States, (%Δ Gun Murder Rate)/(%Δ Gun OwnerShip Rate)= .009

1a. If gun control legislation were able to reduce gun ownership by 99 percent, how exactly would society benefit?

1b. Based upon your answer in 1a, What can you conclude about the likely efficacy of gun control legislation in the United States?

2. Refer back to#1, suppose the demand for guns is QG D = 500 - .45P and the supply of guns is QG S = - 100 + .55P.

2a. How many guns would be affected by a complete ban on their sale?

2b. In a black market for guns, what type of quota rent would illegal dealers realize? What are the implications of Gun control legislation for incentivizing black markets in guns?