Discussion 1 (400 words)
What is the time value of money and how can compound interest be used to calculate the present value of any future amount of money?
How is the word “risk” used in financial economics and what is the difference between diversifiable and non-diversifiable risk?
Discussion 2 (425 words)
What is the validity of the most frequently presented arguments for protectionism?
What are the economic effects of tariffs and quotas?
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