Questions from Globalization


Q: Our usual models of trade assume that jobs lost in one industry

Our usual models of trade assume that jobs lost in one industry will be offset by jobs gained in other industries. The Autor et al. paper argued, however, that communities that lose manufacturing jobs...

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Q: Suppose that Home has 2,400 workers, but they are

Suppose that Home has 2,400 workers, but they are only half as productive in both industries as we have been assuming. Construct the world relative supply curve and determine the equilibrium relative...

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Q: The Internet has allowed for increased trade in services such as programming

The Internet has allowed for increased trade in services such as programming and technical support, a development that has lowered the prices of such services relative to those of manufactured goods....

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Q: Assume Norway and Sweden trade with each other, with Norway exporting

Assume Norway and Sweden trade with each other, with Norway exporting fish to Sweden, and Sweden exporting Volvos (automobiles) to Norway. Illustrate the gains from trade between the two countries usi...

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Q: 1. How would you decide what defines an American car and

1. How would you decide what defines an American car and an American car company? 2. What is the impact of global operations and supply-chain management on the “nationality” of goods and services?

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Q: What derivative securities can be used to hedge the effects of fluctuations

What derivative securities can be used to hedge the effects of fluctuations in currency values on the cash flows of firms and investors?

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Q: Briefly describe the main sources of finance for international trade and investment

Briefly describe the main sources of finance for international trade and investment. Distinguish between short-term and long-term finance sources.

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Q: List the factors that a firm should consider when making an outsourcing

List the factors that a firm should consider when making an outsourcing decision.

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Q: Argue why some companies should pursue global production and other companies should

Argue why some companies should pursue global production and other companies should not.

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Q: How should a business organization choose a location for its production facilities

How should a business organization choose a location for its production facilities?

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