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Question 28 Which of the following describes the economic impact of the OPEC countries production cut (Arab oil embargo) best? 0 out of 1 points (Extra Credit) Selected Answer Answers: A The embargo occurred in response to United States' support for Israel during the Yom Kippur War (where Egypt and Syria launched a surprise military campaign against Israel on October 6, 1973). It had very little economic impacts. A The embargo occurred in response to United States' support for Israel during the Yom Kippur War (where Egypt and Syria launched a surprise military campaign against Israel on October 6, 1973). It had very little economic impacts. B During and after the oil embargo, crude oil exporting countries become more competing each other, rather than strategically cooperating with cach other. As a result, the total production by OPEC countries increased. Crude oil exporting countries used to sel oil with little profit. However, after the oil embargo, OPEC acted as the 'monopolist' in…

Multiple Choice Question :

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Assume you are starting a new business in a country of your choice and conduct a PESTLE analysis to identify the Key political, economic, social, technological, legal and ethical conditions in the given country that can impact your business.   (Identify your business first)

Question 28 Which of the following describes the economic impact of the OPEC countries production cut (Arab oil embargo) best? 0 out of 1 points (Extra Credit) Selected Answer: Answers: A. The embargo occurred in response to United States' support for Israel during the Yom Kippur War (where Egypt and Syria launched a surprise military campaign against Israel on October 6, 1973). It had very little economic impacts. A. The embargo occurred in response to United States' support for Israel during the Yom Kippur War (where Egypt and Syria launched a surprise military campaign against Israel on October 6, 1973). It had very little economic impacts. B. During and after the oil embargo, crude oil exporting countries become more competing each other, rather than strategically cooperating with each other. As a result, the total production by OPEC countries increased. C. Crude oil exporting countries used to sell oil with little profit. However, after the oil embargo, OPEC acted as the…

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Question 10 Which statement is supported by the information in the table? Export and Import Table Canada United States Top Export Partners n Export Partner D United States United Kingdom Canada Mexico China Japan Percent of Exports 73.70% 4.20% 19.00% 13.30% 7.00% 4.50% Top Import Partners Import Partner United States China Mexico China Canada Mexico Japan Germany B The United States exports more goods to China than to Canada. Percent of Imports 49.50% Trade with China disrupts trade between the United States and Canada. 10.80% A Canada and the United States are each the chief exporting nation to the other. 5.50% 18.40% 14.20% 11.70% 5.80% 4.40% Canada imports more goods from the United States than it exports to the United States.

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International trade and interregional trade are similar in that both must overcome space; B: trade restrictions; C: currency differences). (A: distance and

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Trading Name: Date: Imagine the following case study where two different countries: Albania and Belize have remained self-sufficient and mostly produce two of the following products: corn and beets. Our hopes are that we will be able to improve trade liberalization and encourage each one to work together in order to improve the number of resources and goods each one provides to their population. Here are their production levels for each product per worker/month (assume each country has a workforce for 15 workers): Bushels Corn (Y-аxis) Вets (X-аxis) Albania 40 20 Belize 20 4 a) Calculate and graph the Production possibilities frontiers for both countries. b) Assume that both countries currently prefer equal amounts of corn and beet for their production & consumption levels within their country, clearly label this point and call it point B: production/consumption before trade. c) Calculate and state the number of workers that would be required in order to produce points B for both…

Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.     Consider two countries: Nepal and Sri Lanka. Each country produces food and clothing. You are told that if Nepal uses all its resources to produce Clothing, it produces a total of 600 units of Clothing. If it uses all its resources to produce Food, it can produce a total 300 units of Food. For Nepal, the opportunity cost of producing one unit of clothing is 0.5 units of Food, and the opportunity cost of producing one unit of food is 2 units of Clothing.     On the other hand, if Sri Lanka uses all its resources to produce Clothing, it produces a total of 150 units of Clothing. If it uses all its resources to produce Food, it can produce a total 150 units of Food. The opportunity cost of producing one unit of Food for Sri Lanka is 1 unit of Clothing. The opportunity cost of producing one unit of Clothing for Sri…

CASE STUDY: Since becoming an independent nation in 1965, Singapore has been on the rise economically. Although it occupies a small geographical area, its busy port has aided Singapore in gaining economic power. The per capita GNP is one of the highest in the world. The major exports include electronics and chemicals, creating profits that allow for the purchase of raw materials that are not native to the country. As a result, Singapore relies heavily on a strategy similar to entrepôt trading, which involves importing of raw materials and refining them into goods to be exported. ​Singapore’s economy is considered to be free market, and is developing at a very rapid pace. A strong educational system develops large, skilled workforce, and the business environment up to this point has been relatively corruption-free. Government intervention is generally kept to a minimum, but the government has undertaken several measures to promote further economic growth. Heavy investment in the…

Please give me correct and incorrect answer Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer.  Take care of plagiarism. Answer completely. You will get up vote for sure.

Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.

Which of the following is the formula for the intra-industry trade (IIT) share in a product's total trade? Multiple Choice 1-IX-MI 1-[IX+MI / (X-M)] O 1-(X+M) 1-[IX-MI/(X + M)]

QUESTION 8 S1, S2, S3 and S4 are UIUC students who just graduated. They each have a poster of Dolly Parton that they are willing to sell. B1, 82, B3 and B4 are new students at UIUC and want to buy Dolly Parton postern for their rooms. The tables below give the minimum selling prices and maximum buying prices for each student. Minimum Selling Prices Maximum Buying Pricen X+$9 S1 $10 B1 S2 $11 B2 X+$14 S3 $20 B3 X+$16 S4 $25 B4 X+$26 If X is negative $5 (.e., Xu-$5), what is the market-clearing price? Note: Do not include the dollar sign,

To determine the value of a bridge to members of a community, why is asking them directly not a reliable way of measuring the benefits and costs?   Question 11 options:   Those who stand to gain have an incentive to tell the truth.   Answers to the survey questions relating to cost will always be downwardly biased.   Those who stand to lose have an incentive to exaggerate their true costs.   Not everyone asked will be using the bridge.

Question 1 Most of attempts to engage with sustainability relate to environmental sustainability because it is more tractable and more pressing. A True False Question 2 Social and environmental disciosure provided by local government is a practice developed recently and reports produced by these organisations on social and environmental issues do not tend to be innovative, True B) False

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Medium-answer Q3. Define business ‘property’ and ‘intellectual property’. Why is it difficult to protect intellectual property against theft

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