1. What is the time value of money and how can compound int

1. 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?2.How is the word ‘risk’ used in financial economics and what is the difference between diversifiable and non-diversifiable risk?3.What is the validity of the most frequently presented arguments for protectionism?4.What are the economic effects of tariffs and quotas?5.What are the causes and consequences of recent U.S. trade deficits?6.What is the balance sheet the United States uses to account for international payments made/paid and for international payments received?7. Does Purchasing Power Parity change across cities and states in the USA, also? Are there some areas that $1 will buy more than in other areas? What are some places with high purchasing power? What are some places with low purchasing power?8. Choose another currency to compare with the U.S. Dollar. How has the exchange rate changed over time? How has the exchange rate changed in the last ten years?

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