1) 3
Subject:EconomicsPrice: Bought3
1) 3. a).Make a portfolio using only puts where the profit line has slope 0 from price $0 to $80, slope−1 from price $80 to $90, slope 0 from price $90 to $110, slope 2 from price $110 to $120, and slope 0 from price $120 to infinity.
b). Draw the profit curve for Port= P70−2P80+P90+2C110−3C120+C130. Shifts lightly for cost.
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2) What is the objective of the WTO? To what degree has it achieved that objective? What has been the growth rate of global trade since the WTO was created? How does the World Bank compare with Chinese Development Bank?
