What factors explain why the world’s trading nations have become increasingly interdependent, from an economic and political viewpoint, during the post–world war ii era? what are some of the major arguments for and against an open trading system? what significance does growing economic interdependence have for a country like the united states? what factors influence the rate of growth in the volume of world trade? identify the major fallacies of international trade. what is meant by international competitiveness? how does this concept apply to a firm, an industry, and a nation? what do researchers have to say about the relation between a firm’s productivity and exposure to global competition? when is international trade an opportunity for workers? when is it a threat to workers? identify some of the major challenges confronting the international trading system.

Greater concern for innovation and quality has shifted the job trend to using more broadly defined jobs. t/f

During which of the following phases of the business cycle does the real gdp fall? a. trough b. expansion c. contraction d. peak

Variable rate cd’s = $90 treasury bills = $150 discount loans = $20 treasury notes = $100 fixed rate cds = $160 money market deposit accts. = $140 savings deposits = $90 fed funds borrowing = $40 variable rate mortgage loans $140 demand deposits = $40 primary reserves = $50 fixed rate loans = $210 fed funds lending = $50 equity capital = $120 a. develop a balance sheet from the above data. be sure to divide your balance sheet into rate-sensitive assets and liabilities as we did in class and in the examples. b. perform a standard gap analysis and a duration analysis using the above data if you have a 1.15% decrease in interest rates and an average duration of assets of 5.4 years and an average duration of liabilities of 3.8 years. c. indicate if this bank will remain solvent after the valuation changes. if so, indicate the new level of equity capital after the valuation changes. if not, indicate the amount of the shortage in equity capital.