Question

In: Economics

Trade Use economic concepts that you acquired in this class to answer the following question. You...

Trade

Use economic concepts that you acquired in this class to answer the following question. You must also supplement your text with researched information that will support your arguments:

Describe the positive or negative impact(s) of international trade or of globalization on a developing country or region of your choice.

You should include all of the following in your text, but can choose to incorporate more information so as to provide a more complete response:

o   Briefly describe the country or region of your choice by focusing on that country’s trade patterns with one or many of its important trade partner(s). You must use statistical data in part to address this point.

o   Incorporate at least one economic theory learned in class and explain it in the context of trade in developing countries.

o   Describe the positive or negative impact(s) that international trading or that globalization has had for that country or for that region.

Discussion Forum Instructions

General Instructions:

o   You must incorporate in your paper economic theories learned in class and apply them to your analysis.

o   You must state your interpretation of the information that you provided and then justify your interpretation using several arguments that you will need to explain.

o   You should take a balanced position.

Special Instructions:

o   Your response to the discussion forum prompt must be of at least 450 words.

o   You must respond to at least three (3) of your classmates.

o   Each of your responses to your classmates must be of at least 150 words.

o   You must submit your response to the prompt by Thursday midnight

Solutions

Expert Solution


Related Solutions

instructions: Briefly answer the question below using economic concepts learned in class. (The answer must be...
instructions: Briefly answer the question below using economic concepts learned in class. (The answer must be grounded in economics in order to receive full credit.) The Affordable Care Act, or Obama Care as it is sometimes called, had a difficult start partly because it requires everyone to be covered by insurance or they must pay a fine. Why are all required to join? If most people consider health insurance a good thing, why do so many resist buying a plan...
Answer the following question ensuring that you apply economic principles or theory related to the concepts...
Answer the following question ensuring that you apply economic principles or theory related to the concepts of benefits, costs and market structure in which a firm operates to inform your analysis and support your decisions. Communicate your ideas with correct grammar, spelling and writing style and support your answer with diagrams and illustrative examples as necessary. Question-- Identify, from media reports on Australian industry, an example of a firm that has significant monopoly power. Identify the inefficiencies in outcomes that...
You should use economic concepts learned throughout the course to support your answer. Given the laws...
You should use economic concepts learned throughout the course to support your answer. Given the laws of supply and demand (to start with) you can expand on the concepts based on your answer. What do you expect the market to look like for higher education as a result of COVID-19? You can generalize your answer and look at the total market for higher education, focus on a specific school, location, rank, etc., Explain what you expect to happen to the...
Based on your viewing of the module on International Trade, answer the following question: If you...
Based on your viewing of the module on International Trade, answer the following question: If you buy an American car, is it truly an "American" car. Why or why not?
4. Answer the following question on the impact of economic policy. To answer this question, assume...
4. Answer the following question on the impact of economic policy. To answer this question, assume you are a Keynesian economist. What will happen to the real output of the economy if the government decides to raise income taxes? Explain why Keynesians make this argument. (Hint: Focus on Short Run Aggregate Demand/Aggregate Supply analysis but answer with words not a graph.) Student A argues that the government has just implemented a contractionary monetary policy because increasing taxes sucks money out...
This question asks how certain concepts. Two concepts are (A) The economic model (B) The statistical...
This question asks how certain concepts. Two concepts are (A) The economic model (B) The statistical model Please describe which concepts are used for each of the following purposes. Your answers may be: neither; A; B; or A and B. i. Defining the OLS estimator. ii. Defining what we are interested in, such as a specific question: how will wage change if education increases by 1 year, holding everything else fixed. iii. Concluding that the OLS slope coefficient is a...
You are required to use "Person-Machine system" to answer the following question: You are going to...
You are required to use "Person-Machine system" to answer the following question: You are going to set up a new elderly home. The new elderly home will have 200 beds and provide non-stop intensive care to the elders who live in the elderly home. How could you design the elderly home and assign the duty roster for your staff in order to enhance the work efficiency? Concrete examples should be needed to explain your knowledge application.
You may need to use the appropriate technology to answer this question. The following data are...
You may need to use the appropriate technology to answer this question. The following data are from a completely randomized design. Treatment A B C 161 143 126 143 157 121 164 125 137 144 141 139 149 137 151 169 143 124 Sample mean 155 141 133 Sample variance 122.8 107.2 130.0 (a) Compute the sum of squares between treatments. (b) Compute the mean square between treatments. (c) Compute the sum of squares due to error. (d) Compute the...
Briefly discuss the following concepts that you have learned in class: a) The Nature of Mathematical...
Briefly discuss the following concepts that you have learned in class: a) The Nature of Mathematical Economics b) Economics Model c) Equilibrium Analysis in Economics d, Linear Models and Matrix Algebra
For this assignment, you must use detailed statistical data, researched information and financial or economic concepts...
For this assignment, you must use detailed statistical data, researched information and financial or economic concepts to support the arguments that you will present in your text. Research an issue related to a Public Good or to a Common Resource which has negatively impacted the economy of a particular country or region of your choosing in the past or in the present. You should include all of the following in your text, but can choose to incorporate more information so...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT