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This is not a writing assignment, this is a multiple-choice question
If the Gross Domestic Product (GDP) is calcuated at the current exchange rate and NOT adjusted for the purchasing power of a dollar in each country (PPP), which country from the below list has the world's highest GDP?
Group of answer choices
United States
Other
Germany
Japan
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- 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 economyChoose the correct ordering of countries in purchasing power parity adjusted per capita income (from highest to lowest) i. China, Mexico, Korea ii. Mexico, Korea, China iii. Korea, Mexico, ChinaWhich scenario best demonstrates foreign direct investment? Salia started a Polish restaurant in her home country, the United States, after she took cooking lessons from a well-known chef in Poland. Super Blooms, a reputable vegetable plant company in Holland, exports tomato, pepper, and potato garden plants across the globe. Ups n Downs Inc., a Chinese firm, supplies roller coaster components in the United States. Domesticity, a U.S.-based office furniture company, has set up its own assembly plant in Japan to cater to the needs of the Asian market. Lux Linens, a fabric conglomerate in the United States, imports raw silk from China and Italy.
- For an open economy: with no depreciation, GNP=GDP. imports are included in the calculation of GNP but not of GDP. more imports will, all the rest being constant, increase GNP. net international transfer payments are included in GNP but not in GDP.(A) Government spending rises to 1,250. Compute the investment, trade balance, national savings and the equilibrium exchange rate and illustrate graphically. (B) Suppose that the world interest rate rises from 5 to 10 percent (G is again 1,000). Solve for national saving, investmentm trade balance and the equilibrium exchange rate. Explain what you find compared to part (A) and explain graphically.Brazil Demonstrate knowledge of global business concepts and cultural diversity in a business context. Identify some key components of business environments that differ across countries, and evaluate how these differences present challenges and opportunities for business organizations. Describe the business environment in terms of per capita income, business climate, risk, and cultural aspects. Describe the currency system of Brazil. Is the currency free floating or fixed? How is the exchangerate set/determined? Describe different modes of entry into Brazil for a given business. Which might be better?
- The following table presents international flow values information for a country, expressed in generic units. Exports of goods: 4,000 Exports of services: 2,500 Investment income receipts: 1,600 Secondary income receipts: 400 Imports of goods: 1,200 Imports of services: 5,000 Investment income payments: 2,300 Secondary income payments: 100 Calculate the country's trade balance. Type your answer...In 2012, the economy of the Utopia exported goods worth $232 billion and services worth another $87 billion. It imported goods worth $225 billion and services worth $56 billion. Receipts of income from abroad were $110 billion while income payments going abroad were $91 billion. Government transfers from the Utopia to the rest of the world were $23 billion, while various Utopia government agencies received payments of $16 billion from the rest of the world. Calculate Utopia’s merchandise trade balance for 2012. Calculate the current account balance for 2012. Explain how you decided whether payments on foreign investment and government transfers counted on the positive or the negative side of the current account balance for Utopia in 2012. sdf sdsNo Plagiarism Please! #20 is the main question I need answered, but if you could please answer the multiple questions that would be great Thank you! 20. Differentiate foreign investment from the types of aid provided by the UNDP and World Bank, citing specific examples of aid from both. 13. Is there an error with the following statement? If yes, explain. When exports decrease, imports tend to increase. This could lead to a reduction in employment and income levels, and prices may increase. a.There is an error. A decrease in exports and an increase in imports tends to result in a decrease in prices. b.There is an error. A decrease in exports and an increase in imports tends to result in a rise in income levels. c.There is not an error with this statement. d.There is an error. When exports decrease, imports also tend to decrease. 15. Are there any errors in the following statements? If yes, explain. With the implementation of the assembly line and other techniques to make manufacturing…
- The primary purpose of the International Monetary Fund is to exchange one currency for another. lend foreign currency to member countries. consolidate the debt facing developing nations. collect the interest on loans made by the World Bank.1. Calculate the trade-to-GDP ratios for the two countries and answer the following questions. a. Put the ratios in the table. Estimates Import Export GDP Trade-to-GDP ratio Canada Q2 2023 704,535.0 682,469.0 2,198,984.0 USA Q2 2023 3,739.3 2,934.6 26,798.6 b. If your calculations are correct, the ratios are very different. How would you explain why the US ratio is so much lower than the Canada ratio?https://www.sciencedirect.com/science/article/pii/S2405844020308537 Analyse recent literature on the relationship between trade openness and economic growth in Africa and report on its main findings. Limit your search to literature published in the last 5 years.