Chapter 5: The Open Economy 1. In a small open economy‚ if exports equal $20 billion‚ imports equal $30 billion‚ and domestic national saving equals $25 billion‚ how much are net capital outflows? Answer:–$10 billion NX = capital flows = 20-30 = -$10b 2. In Micronesia‚ which is a small open economy‚ if exports equal $5 billion and imports equal $7 billion‚ what is Micronesia’s trade balance? Answer: Micronesia has a deficit trade
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a) 125 hundred million light-years 1.25 x 10 ^8 b) 125 billionths of a meter 1.25 x 10^-7 c) the average distance to our Moon in units of parsecs (Consult an appropriate Appendix of the text.) d) the average distance to our Moon in units of nanometers 2. How long does it take light photons to travel the following distances? (Assume light is traveling in a vacuum‚ like space.) a) from the Moon to the Earth b) from Houston to the San
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Open Boat Symbolism allows writers to suggest their ideas within a piece of literature. This is found in most types of writing. Stephen Crane expresses this in his short story‚ The Open Boat. Through symbolism and allegory‚ it is demonstrated that humans live in a universe that is unconcerned with them. The characters in the story come face to face with this indifference and are nearly overcome by Nature’s lack of concern. This is established in the opening scenes‚ the "seven mad gods" and in
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1700 to 1900‚ there were many changes in long distance migration. Near the end of this period the slave trade across the atlantic was outlawed‚ so indentured servants from east and south asia began migrating to the U.S. There was activity throughout America and Ireland‚ while some changes in long distance migration from that time period occurred as European‚ African‚ and Chinese laborers were sent to the Americas. There was continuity in long distance migrations during this time in that‚ there remained
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------------------------------------------------- 8. Essay – Time and Distance Overcome The relationship between white and black people in America is still today an ongoing issue‚ which can be traced back in history. Even though the issue isn’t as big as it was 50 years ago‚ it still has influence in America‚ in every perspective‚ both as individuals but also as a community. Today we have a black president in America‚ so America has changed‚ but how was that possible? And how is the relationship
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The Distance Between Us Essay In the memoir‚ “The Distance Between Us‚” by Reyna Grande‚ Reyna explains how her and her three siblings managed to grow up without any parents. Mago‚ Carlos‚ Reyna and their new sister‚ Betty‚ all live a rough life without any real type of love from their parents so they have to rely on each other for guidance and support. The four Grande children formed a special bond over the years that they will not leave anyone behind. Each character in the memoir contributes
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Cultural Distance Assignment IIB 1. What is the formula developed by Kogut and Singh in 1988 in the Journal of International Business Studies (JIBS)? Explain the formula in your own words. CDj is the cultural distance between the host country (j) and the home country (in this case Germany). It is calculated with a summation of 4 different variables indicating different cultural dimensions. These are uncertainty avoidance‚ power distance‚ individualism/collectivism and masculinity/femininity
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Distance Time Graphs Definitions * Speed: Speed is a scalar quantity that refers to "how fast an object is moving." Speed can be thought of as the rate at which an object covers distance. A fast-moving object has a high speed and covers a relatively large distance in a short amount of time. * Velocity: Velocity is a vector quantity that refers to "the rate at which an object changes its position." When evaluating the velocity of an object‚ one must keep track of direction. It would not
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Robert Dressler 9/6/13 Dr. Hendrickson Period 2 Migrations Essay From the period of 1700 to 1900‚ long-distance migrations that included the African Slave Trade and the movement of Irish and British colonists to America. After the African Slave Trade was banned‚ the use of indentured servants was put into place. An agricultural famine caused Irish to flee to America. The African Slave Trade was caused by a need for labor in the Americas. The imported slaves mainly worked
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The significance of Kokoda for Australian’s can be seen in many different ways. In a strategic sense and also in a symbolic sense. Firstly‚ the Kokoda Campaign saved Australia from possible invasion‚ or more precisely from being isolated from the United States of America . Secondly‚ Kokoda was the battle that lead to victory in the Second World War‚ as well as to improvement of Australia’s post-war practices and military operations. Symbolically‚ the Kokoda Track will be remembered when Australia’s
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