Q. The demand for beer in Japan is given by the subsequent equation: Qd = 700 - 2P - PN + 0.1I, where P is the price of beer, PN is the price of nuts also I is standard consumer income.

Q. Calculate the trade balance among the U.S. also China for the period of 2005 2009. Based on the data provided, create a report in Microsoft Word discussing the trade balance between China also the U.S. for the period of 2005 2009. In your discussion, include an analysis of the effect of such trade balance on the economies of China also the U.S., both personally also comparatively. Justify your discussion also analysis by using appropriate examples.