Explain why China and India are considered disruptive to the world's status quo
What will be an ideal response?
History tells us that when world powers emerge, it usually creates economic, political, and military challenges for other nations and leads to a period filled with transitions and tensions. This is particularly true in the case of China. China's enormous size, as the second largest economy in the world, together with its aggressive foreign investment and trade policies, and its historically unprecedented rate of growth, have caused it to be more disruptive of the status quo as it has become integrated with world markets.
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Refer to Figure 1-5. Calculate the area of the triangle A
A) $8.4 million B) $6.3 million C) $3.15 million D) $2.1 million
In the case of a perfectly competitive firm, the optimal markup over marginal cost is 0 percent
Indicate whether the statement is true or false
This figure displays the choices being made by two coffee shops: Starbucks and Dunkin Donuts. Both companies are trying to decide whether or not to expand in an area. The area can handle only one of them expanding, and whoever expands will cause the other to lose some business. If they both expand, the market will be saturated, and neither company will do well. The payoffs are the additional profits (or losses) they will earn.The game in the figure shown is a version of:
A. the first-mover advantage. B. the prisoner's dilemma. C. a sequential game. D. a repeated game.
Jason works in finance at an MNE. Part of his job is to invest large sums of money in various markets. His latest transaction was investing $10,000 in British pounds for 120 days, then taking the British pounds and investing them in euros for 90 days, and then converting it all back to U.S. dollars. Jason is most likely participating in ________.
A) interest arbitrage B) speculation C) cryptocurrency D) options