2. Ten countries are considering fighting global warming by entering into an agreement. Under the agreement, a country must decide to spend an amount x; to reduce its carbon emission, where 0 x; S1. Note that the subscript represents the ith, country and i ranges from 1to 10. The total benefits B produced under this agreement is twice the sum total of the spending made by all 10 countries. Each country receives a benefit which is one-tenth of the total benefit B. The payoff of any country is the net benefit, i.e., the benefit that it receives less its own spending. (a) Write an equation for the payoff of any country. (b) Using the payoff function of (a) prove that spending nothing (x = 0) is the dominant strategy for any country. (c) Calculate the payoff of each country if they could somehow agree to spend 1 each. (d) Based on your answers to (b) and (c) how can you characterize this game, i.e., what type of game is this?

(b) Propose and describe an intervention that the government could use to resolve the following situations? (1) Excessive price rises for example in the Irish rental housing market indicating that most new consumers are priced 'out of the rental market'? Excessive low prices, where producers ( for example milk (II) producers/farmers) are facing low or zero profits on the sale of milk.

Use the information and excerpt below to answer the question. In 1994, President Bill Clinton gave an example of the criticism of the General Agreement on Tariffs and Trade (GATT).The idea is that since we live in a global economy and there are people in other places who can work for wages we can’t live on, if we open our markets to them, they will displace our workers . . . Which result would policies addressing this criticism and the protectionist policies in place before the Great Depression most likely have in common?     Responses Political instability causes trade imbalances. Political instability causes trade imbalances. Trade restrictions limit the growth of economies. Trade restrictions limit the growth of economies. Political instability decreases trade activity. Political instability decreases trade activity. Trade restrictions reduce demand for consumer goods.

Which of the following statement is TRUE about the design of TRIPS agreement? S1: eliminate China from all intellectual property arrangement. S2: administer a much firmer execution of intellectual property regulations. S3:  when a product causes harm, death, or damage, hold the company and its executives accountable. S4: traded software and documented property should be supported in developed market

Fill in the table of threats and opportunities of the Dove company. Note:There is an example of a table with information, so you know what it refers to. Fill in the empty table, referring to Dove.

1- The HS codes digits of the UAE Tariff Book and KSA Tariff Book are same in number? True false   2- Customs duty is calculated based on the Cost, Insurance, Freight (CIF) of imported goods ? true false   3- The advantage(s) of Free Trade Agreement is/are: A. Exemption of customs duty whilst importing the goods B. Facilitate Trade among Member States C. Promote the manufacturing of goods/raw material in Member Countries D. All of the above   4- List down the commercial documents which are important to present at the time of customs clearance?

Which of these scenarios describe circumstances of trade dumping? Note that all values are in United States (U.S.) dollars for ease of comparison and that there are no transportation costs. A French firm manufactures cheese for $5 per pound. They sell it in France for $7 a pound, but in the United States for $5 per pound. An Indian firm produces cars for $7,000 each and sells them in the United States for $6,000. A Chinese fish farm can produce Tilapia at $1 per pound, while U..S fish farms produce the fish at $4 per pound. Imports of Chinese Tilapia are sold in the United States for $3 per pound, undercutting domestic producers. A U.S. firm buys $100,000 shares in a Japanese electronics company and sells them for $80,000 two weeks later. Why might a firm engage in dumping? The firm is trying to improve relations with a foreign country government. The firm is reacting to market forces that have driven the price level to below production costs. The firm is trying to be an equal…

If a small U.S. producer with limited financial resources, no knowledge of the export function, and little marketing know-how wants to export its products to international markets, it would most likely use a(n)

correctly explain question and not copy paste Q) Give an example of policies that both the International Monetary Fund & World Bank should implement to fully rid the impoverishment in the Global South

6. Pretend you have been hired by International Company Limited and your director is interested in doing business  emerging markets, which are beset by various challenges. Your director has asked you to write a brief memo outlining and describing ANY TWO risks or challenges of doing business in emerging markets. In addition, he also would like you to identify a recommendation you would make to mitigate any of the risks you would have identified. A complete answer will identify and explain sufficiently each risk and also provide at least one recommendation to solve each risk identified.