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- If Big Macs were a durable good that could be costlessly transported between countries, which of the following would present an arbitrage opportunity? Check all that apply. Exporting Big Macs from Poland to China Exporting Big Macs from the United States to the Eurozone Exporting Big Macs from Norway to ChinaQ2. Introduce Gulf Cooperation Council briefly (when, where founded, members, headquarter, the bodies etc.)Understand the role of cross-functional teams in promoting integration?
- “In an era of globalization, firms build cross-border alliances or international strategic alliances (ISAs) to achieve certain strategic objectives, such as knowledge creation, with the help of overseas partners. Working with partners complicates the operation of such alliances, however, particularly when the partner firms come from countries with very different cultures, institutions, and levels of economic development. Do you agree with this statement? If yes, what would you propose to make international strategic alliances more effective/successful?"Cross-border mergers and acquisitions can be a source of significant value creation and can provide attractive opportunities for multinational corporations (MNCs). MNCs should therefore be actively encouraged to pursue them." Discuss.Q#5: What is China Pakistan Economic Corridor (CPEC)? Discuss advantages and disadvantages of it in detail. Answer in word format
- Countries began creating regional trade blocs in order to create partnerships between high-income developed countries and lower-income developing countries. The Regional Trading Bloc – the ‘CARICOM Single Market and Economy’ was established with the objective of expanding intra-regional and extra-regional trade, among other objectives as outline in Article 6 of the Revised Treaty Establishing the Caribbean Community including the CSME. Has the creation of this trading bloc significantly expanded intra-regional and extra-regional trade in goods and services for CSME participating member states? Discuss with the use of practical examples and data to support your position. In your discussion cite some CARICOM trade policy instruments/measures implemented to help propel intra/extra-regional trade. (Member of CSME)What are some economic factors driving the new global innovation economyAnalyzing the following (2x2) matrices. Identify the countries having certain advantages. Specify the benefits of trade for both countries. This matrix involves 2 countries exchanging 2 commodities Wheat (Labor hours/Unit of Output ) Steel (Labor hours/Unit of Output) Germany 30 40 France 20 80 (Numerical values reflect labor hours per unit of output) Will trade occur? Identify the country having the advantage in wheat production and the one having the advantage in steel production. Identify the production possibility frontiers for both countries. along with the gains from trade.
- Provide TWO (2) rationales/arguments for engaging in Regional Economic IntegrationConsider an international trade model consisting of three countries X, Y, and Z. Suppose X uses of its production domestically, sends of its production to Y, and sends of its production to Z. Suppose Y uses of its production domestically, sends of its production to X, and sends of its production to Z. Suppose Z uses of its domestic goods, sends of its production to X and sends of its production to Y. Assume this is a closed Leontief model. If we know country Z produced 344 thousand units of goods, then country X produces a 430 thousand units of goods. thousand units of goods and country Y producesConsider an international trade model consisting of three countries X, Y, and Z. Suppose X uses domestically, sends of its production to Y, and sends of its production to Z. Suppose Y uses domestically, sends of its production to X, and sends of its production to Z. Suppose Z uses sends of its production to X and sends of its production to Y. Assume this is a closed Leontief model. If we know country Z produced 28 thousand units of goods, then country X produces country Y produces thousand units of goods. of its production of its production of its domestic goods, thousand units of goods and