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- What are the drawbacks to analyzing the global economy on a regional basis?5. What is Dutch disease? Write any one impact of Dutch disease in GCC economics.1. Given the increasing sensitivity of potential visitors for a tourism product that demonstrates care for the environment and social and economic responsibility, How have private businesses, such as resort operators, attractions, etc, modified their business practices to respond to this demand? 2. Althoughtourism has the potential to earn foreign exchange, it carries a great risk of causing environmental and social harm. There is also a real concern noted in literature of a high leakage of revenue from the economy, and the exclusion of local businesses, particularly micro and small enterprises from participating in the tourism driven economy. Describe the environmental, social, and economic impacts (both positive and negative), that are associated with the intensive tourism development strategies that are often pursued by Caribbean government. 3. The Caribbean is the most tourism dependent region in the world and it was heavily impactedby the Covid-19 Cruise tourism was severely…
- 6. GlobalizationSuppose an international hotel chain is planning to overtake an small but established Austrianhotel chain, investing by renovating the existing buildings and constructing a few new ones.Discuss which benefits and drawbacks could be expected for Austria by giving two examples foreach.1. Why is food security such a major global challenge? 2. Suggest solutions on how to solve global food insecurity. Explain your answer.Suppose, as an economist, you are asked to analyze an issue unlike anything you have ever done before. Also, suppose you do not have a specific model for analyzing that issue. What should you do? Hint: What would a carpenter do in a similar situation?
- 36.) What is one example of the changing demographics in Europe? a. the population is aging b. imports and exports are increasing c. many countries have rebuilt their economiesExplain two different reasons why most economists believe that a lack of petroleum never will cause the global oil industry to come to an end.1. Which of the following question is one of the most interest for macroeconomics. (a). Why do foreigners immigrate to Ghana (b).What is the appropriate stance of antitrust policy (c).Why is there inflation ? (d). Which does the steel industry wants tarrifs ? 2. Which of the following statement is true ? (a). Final goods are produce in the same year as the reflected final good, whereas caital goods are produce in different year. (b). Capital goods are produced one year and final good are produced over a period of more than one year. (c). Intermidiate goods are typed of capital goods. (d). Capital goods are not final goods because they are used up in the same period in which they are produce.