Impacts of agricultural subsidies
Problem: Please discuss and explain how the Uruguay Round and the Doha Development Agenda impacts agricultural subsidies.
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Define and discuss: - Stagflation - Real and nominal variables - Marginal productivity theory of distribution - Business cycle
What are the implications for demand-side economics of reducing climate-changing emissions?
Are you for or against free trade? Are you for or against NAFTA? What is the economic basis for trade? Explain the underlying facts that support free trade and give an example of a good that you purchased recently that is based on resource differe
Find other countries that are also EU member but have not chosen to the Euro currency - list a few and discuss the main forces driving this decision. Who has adopted the EMU (European Monetary Unit-Euro) and who has not?
Ross Perot added his memorable "insight" to the debate over the North American Free Trade Agreement (NAFTA) when he warned that passage of NAFTA would create a "giant sucking sound" as U. S. employers shipped jobs to Mexico, where wages are lower
What do you know about NAFTA? Use the internet to gather some information about NAFTA and why and when it was started? Do you believe it has been successful in achieving its objectives? Why or why not?
If a nation exported much of its output but imported little, would it be better or worse off? How about the reverse of exporting little but importing lot?
What is the role of timing in deciding to enter or exit a market? Firms decide to enter a market based on current and historical information, but time lags can change the economic environment.
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