Discussion Project - Presentation Q1. If you were a producer, would you prefer to operate under pe ...

---

Discussion Project - Presentation Q1. If you were a producer, would you prefer to operate under perfect competition or some other product market? Support your answer. Q2. List the brand names you routinely buy. Then discuss why you prefer to use these particular brand-name items. Within which market structures do the firms that produce these products operate? Q3. Give examples of positive externalities and negative externalities.What governmental or market mechanisms are there to increase positive externalities and reduce negative externalities. Q4. Which industries, if any, do you believe require government regulation? Support your answer. Q5. Discuss the comparative advantage that your home region enjoys. Can you explain why the comparative advantage exists? Q6. If countries can benefit by increasing their consumption possibilities through trade, why do so many countries place restrictions on trade? Q7. What would lead a country to choose a fixed system of exchange rates?