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Are there any similarities between the principle of comparative advantage and absolute advantage? Are there any differences between the two principles? What are the sources of comparative advantage?
What are the advantages and disadvantages of using import-substitution to accomplish industrialization rather than using government aid and private investment to develop new manufacturing industries
Illustrate, using a hypothetical scenario (data), how a nation could have an absolute disadvantage in the production of two goods and could still have a comparative advantage in the production of on
Problem: Why would the US be in favor of tariffs in the early 1800s and be generally (steel tariffs aside) in favor of lowering tariffs today?
If a decision maker uses marginal analysis, then the relevant costs are
Unfortunately, I do not know how Standard & Poor creates the stock market index. I do not know what would be a good index or a weak one. Can anyone either explain this concept or direct me to a
Question: Explain how it is possible that protectionist policies create more unemployment than free trade. Question: Identify the areas in which the U.S. applies protectionist policies.
Are any special certifications needed? In one place, I found that none were necessary and in another site I found that they were necessary. Any thoughts?
I have found that Singapore currently has a very stable economy. Also, the US-Singapore Trade Agreement has eliminated the trade barriers. I feel that the economic performance of the country is grea
Starting with $1,000, use ONLY the appropriate bid rates for the Euro/US$ and the British pound/US$, assume the Euro/British pound rate is 0.4000/Pound;, and assume transaction costs are 1.0 percent
Question 1. Why is there mandatory retirement in many countries? Question 2. What factors create the link between wages and productivity that is at the heart of efficiency wage models?
Thompson Inc plans to issue preferred stock with a perpetual annual dividend of $2 per share and a par value of $25. If the required return on this stock is currently 8%, what should be the stock's
A companies stock is trading at $120 a share. The company plans to announce a 3-for-2 stock split. The stock split is expected to increase the companys market capitalization by 5 percent. What is th
Problem 1: The problem of determining what goods and services society should produce
Bankruptcy administration costs of $700,000, unpaid wages of $600,000, and other payments have resulted in $1.8 million in funds available for unsecured creditors, whose claims total $5 million. Bec
Beef imports have only a one percent testing by the United States Department of Agriculture (USDA). The food safety has become a risk because of beef products being imported from Canada and other co
Phase 1: What are some of the global implications for 1) Limited Liability Corporation 2) Joint venture 3) Franchise Phase 2: Steps to format a Franchise
As a manager of Pelican point Financial Group, you are unable to determine whether any given individual is a high or low volume transaction investor. Design a self selection mechanism that permits y
Assume first that transaction costs are high enough to prevent bargaining between the railway company and the farmers, and that the railway has no legal liability for the crops it destroys. a. How m
I have been asked to provide a brief memorandum that outlines the three main advantages and disadvantages of expanding NAFTA.
A company has issued convertible preferred stock to its venture investors. Each share of preferred stock is convertible into 0.75 shares of common stock and pays an annual cash dividend of $0.13.
On October 21, 2003, The Wall Street Journal reported that some of Kodak's larger shareholders attempted to persuade Kodak executives to abandon their plan. Discuss this issue.
Problem 1) What is the no-arbitrage price of a security tht pays cash flows of $100 in one year and $100 in two years? Problem 2) What is the no-arbitrage price of a security tht pays cash flows of $1
Problem 1: Determine if management made the correct decision to not process the table cleaner further by doing the following. a. Calculate the company's total weekly gross profit assuming the table cl
Given the following data: Days inventory = 103 days, Days receivables = 41 days, and Days payables = 81 days Calculate the cash conversion cycle and operating cycle.