Remittances sent by Latino workers abroad... a. have a negative impact in the national economies of the region. b. are vital to some Central American economies. c. have diminished steadily since 2010. d. are essential to the South American economies.
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Remittances sent by Latino workers abroad...
| a. |
have a negative impact in the national economies of the region. |
|
| b. |
are vital to some Central American economies. |
|
| c. |
have diminished steadily since 2010. |
|
| d. |
are essential to the South American economies. |
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- 1. Select two Caribbean islands or developing countries for review: a) discuss two benefits of each of globalization in these economies b) discuss two drawbacks each of globalization in these economies 2. Select two developed/advanced countries for review: a) discuss two benefits each of globalization in these economies b) discuss two drawbacks each of globalization in these economies.Image A is typical of images emphasizing the economic consequences of globalization. Does globalization appear to be a force that is subject to human control, why or why not? How would you define globalization? Compare image A with image B. Is there a connection between the accelerating flows of money and goods and restrictions on the movement of people? In image C, the woman's medical mask names globalization as the enemy of workers. What does this say about the local conflict over the conditions of labor in a globalized economy? *******ANSWER QUESTION 3********Beginning in the second half of the 1970s and long into the 1980s, Europe faced low growth, high unemployment and a considerable reduction of productivity increases: 1. What were the reasons for the economic slowdown? 2. What were the reactions to it in (a) Britain, (b) France, and (c) the EC (in particular French-German cooperation)Beginning in the second half of the 1970s and long into the 1980s, Europe faced low growth, high unemployment and a considerable reduction of productivity increases: 1. What were the reasons for the economic slowdown? 2. What were the reactions to it in (a) Britain, (b) France, and (c) the EC (in particular French-German cooperation)
- How has globalization impacted the American economy? (Check all that apply) the secondary sector has been weakened by downsizing, technology, outsourcing and imports the primary sector has been weakened most existing and new jobs are in the service sectorApply the gravity model to India and China. Why has it taken so long for India and China to become serious trading partners? Think of 18th century trade patterns, importation of raw materials back to the UK from their colonies. Apply the gravity model to the UK in the year 2021. What countries are most important to the UK’s trade relationships?Discuss Globalization as an Economic Process. What were the major economic changes and economic activities that helped strengthen globalization since the late 1980s? (e.g. McWorld)
- Say that the average worker in Argentina has a productivity of $15 per hour while the average worker in Brazil has a productivity of $14 per hour (both measured in U.S. dollars). If worker productivity, over the next 5 years, grows 3% per year in Brasil and 2% in Argentina. At the end of the 5 years, how much more productive are argentinian workers relative to brazillian, in percentage terms. (Do not include the % sign, round your answer to include 2 decimal places).Select two Developed/Advanced countries for review: a) Discuss two benefits each of Globalization in these economies b) Discuss two drawbacks each of Globalization in these economies.Explain specifically how a microeconomic concept you learned in Economy be applied to your everyday experience. (Concepts include opportunity cost, elasticity, marginal costs / benefits) What are some differences between the gift economy and the exchange economy
- Please no written by hand solutions Suppose Latvia and Estonia each produce only two goods, tractors and bobsleds. Both are produced using labor alone. Assuming both countries are at full employment, you are given the following information: Latvia: 20 units of labor required to produce 1 tractor 8 units of labor required to produce 1 bobsled Total labor force: 1,000,000 units Estonia: 15 units of labor required to produce 1 tractor 30 units of labor required to produce 1 bobsled Total labor force: 750,000 units Draw the production possibility frontiers for each country in the absence of trade. 1.) Using the line drawing tool, draw the production possibility frontier for Latvia. Properly label your line. 2.) Using the line drawing tool, draw the production possibility frontier for Estonia. Properly label your line. Carefully follow the instructions above and only draw the required objects. If transportation costs are ignored and trade is allowed, Estonia and Latvia will not engage in…Jiz What are the effects on U.S. imports and exports when the U.S. experiences economic growth stronger than its major trading partners? Multiple Choice There will be no effect on US imports and exports. U.S. exports will increase more than U.S. imports. US imports will decrease, but U.S. exports will increase. Saved US imports will increase more than U.S. exports. Note: don't use chat bot.For this question, treat the countries listed in each row as the home country, and treat the United States as the foreign country. Suppose the cost of the market basket in the United States is PUS = $190. Check to see whether PPP holds for each of the countries listed and determine whether we should expect a real appreciate or real depreciation for each country (relative to the United States) in the long run. You can fill out your answers in the table directly but please show how you worked out the problem for Brazil using the space below the table. Round your answers to 2 decimal places if necessary. Country (currency measured in FX units) Per $ (EFX/$) Price of Market Basket (in FX) Price of U.S. Basket in FX (PUSx EFX/$) Real Exchange Rate qcountry/US Does PPP Hold? (yes or no) Is FX Currency Overvalued or Undervalued? Is FX Currency Expected to Have Real Appreciation or Depreciation? Brazil (real) 4.07 520 India…