International EconomicsProblem Set

1. What is the difference between free-trade areas and customs unions? 2. How do consumer and producer surplus add to a country’s welfare? 3. Define deadweight loss. 4. What is a terms-of-trade gain? 5. Define quota rents. Problem Solving 1. Aoslia is a small country...

All Five Members of a Project Team

1. All five members of a project team add 15% to their individual serial activities as a safety margin and submit their time estimates to the project manager. The manager adds the activity length estimates together and adds 10% for his personal safety margin. Then,...

Emission Fees and Damages

1. Consider the problem of regulating acid rain in the eastern US. Assume emissions are generated in the Midwest and the Northeast but acid rain damage only occurs in the Northeast. One million tons of emissions in the Midwest results in 1 microgram per square meter...

Business Ethics

. Which of the following was an employee complaint in the Enron case? a. At the same time top executives were selling their stock, the same executives were encouraging employees to buy the stock. b. During the period of the stock’s collapse, Enron employees were...

options

1. The following prices are available for call and put options on a stock priced at $50. The risk-free rate is 6 percent and the volatility is 0.35. The March options have 90 days remaining and the June options have 180 days remaining. The Black-Scholes model was used...

Economics homework

Read the following scenarios and complete the corresponding questions. Please remember to answer in complete and grammatically correct sentences. I am looking for your thought process in the answers to the questions, so be complete in your answers and use the...