Advantages and disadvantages of using import-substitution
Problem: 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?
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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 website that would explain this?
If a decision maker uses marginal analysis, then the relevant costs are
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?
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 one of them.
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?
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?
Choose one country for analysis and respond to the following questions: Question 1. What type of trade restrictions does this country use?
Lists three arguments for trade restrictions. Since economists do not favor trade restrictions, make the case as an economist against trade restrictions for these three items.
What are the gains and losses of international trade? What happens when tariffs are imposed, in terms of the importing and exporting countries?
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Toy Company Scenario - With a Twist (Minimum 6-8 sentences): You are hired by a toy company to design a new line of educational toys.
Next, choose and apply two of the major psychological theories from the list below to Robby's behaviors and mental processes.
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strategies compared to experts and are more influenced by immediate demands in the environment, which can make decision-making hard under pressure.
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The literature review should explain job satisfaction thoroughly, as well as provide thorough reviews of the five to seven instruments used to measure it