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Do you favor protectionism as a national trade policy? Why is a nation with abundant resources better off trading than being self-sufficient?
Describe how the value of the dollar is established using a flexible exchange rate. Describe the meaning and effect of a trade deficit.
Making Generalizations What would happen if the United States lost its comparative advantage in producing soybeans?
What are the factors involved in determining exchange rates? What is the relationship between foreign trade and the international value of the dollar?
Explain the significance of foreign exchange, foreign exchange rate, fixed exchange rates, flexible exchange rates, floating exchange rates and trade deficit.
Why would you recommend that we increase or decrease trade barriers on athletic shoes? Explain your answer.
If you, as a member of Congress, were approached by a delegation of autoworkers seeking additional tariff or quota protection, how would you respond?
What six arguments are commonly used to support the protectionists' views on trade? What happened to tariffs during the Great Depression?
Explain the significance of tariff, quota, protective tariff, revenue tariff, protectionists, free traders, infant industries argument and balance of payments.
Explain the significance of monetary policy, baby boomers, and Council of Economic Advisers. Why do some people blame the Fed for the recession of 2001?
Why did legislators make the decision to deregulate the industry? Did deregulation have the expected benefits? Were there any unanticipated costs? Explain.
Analyzing Information According to monetarists, how do fluctuations in the money supply affect the economy?
The BIG Idea How do supply-side economists and demand-side economists differ with regard to the role of government in the economy?
Listing What are the assumptions of supply-siders? Explaining What problems exist for monetary policy?
Explain significance of Medicare, fiscal policy, Keynesian economics, multiplier, accelerator, automatic stabilizer, entitlements and unemployment insurance.
Write up to a one-page overview of the culture for the country that you have selected for your project through internet research.
For the next 4 questions, consider the following functions for a point source pollutant:
What market structure best describes the environment within which your organization operates?
Your Module 1 readings provide insight into the impact of technology on global business.
Compare and contrast their global business competitiveness.
Go to the website for the Equal Employment Opportunity Commission (EEOC) and find a recent case. Click on one of the press releases.
Examine the implications of factor endowment theory in the case of trade between countries with different endowments.
Discuss the impact of the following factors on the optimal method of procuring an input.
Do an assessment of the governmental trade policies of the MNC's(TOYOTA) country of origin(JAPAN).
Distinguish "absolute advantage" from "comparative advantage" in the context of your example. Then select an international terms-or-trade ratio.