Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Please answer these questions based on our reading assignments from this term and the book Rosser, J. B., & Rosser, M. V. (2018). Comparative economics

Please answer these questions based on our reading assignments from this term and the book "Rosser, J. B., & Rosser, M. V. (2018). Comparative economics in a transforming world economy. The MIT Press

Our assigned readings for this week (Chapter 10 and 11) and based on the discussion in the textbook, we know that some FSUs had an easier time adapting to the dissolution of the Soviet Union. For example, the authors note that the Baltic states integrated with their neighbors in Western Europe without much difficulty, and the ease of this transition may be due to the prior history of the Baltic states as well as their proximity to the western neighbors.

With the modern electronic communication tools, people are less affected by geography and history. To illustrate this point, we can use the example of digital nomads where people can complete their work tasks from almost anywhere. During the past few years, some people tried to escape the pandemic by moving their family to rural areas, and others have taken advantage of closed offices by doing their online work from resorts or other desirable locations.

If you could do your job online and weren't tied to your current location by family or other commitments, would you become a digital nomad, or would you prefer to stay at home?

If you prefer to travel, where would you go?

If everyone could work in this way, would this help or hurt overall economic output (GDP)?

Your post must be substantive and demonstrate insight gained from the course material

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Technical Change, Relative Prices, And Environmental Resource Evaluation

Authors: V Kerry Smith

1st Edition

1317358570, 9781317358572

More Books

Students also viewed these Economics questions