(TCO 8) The International Criminal Court (ICC) was established to bring justice to those committing crimes against humanity, war crimes, or genocide. It was established as an extension of the Rome Statute, and only has jurisdiction over countries that signed this treaty. At this time, the United States is not part of this agreement, and thus does not fall under its jurisdiction. Construct an argument for joining such a treaty, detailing the benefits that international treaties may offer their members and which also addresses the possible public concerns over the loss of national sovereignty.
In: Economics
Suppose that the treasurer of IBM has an extra cash reserve of $100,000,000 to invest for six months. The six month interest rate is 8 percent per annum in the United States and 7 percent per in Germany. Currently, the spot exchange rate is €1.01 per dollar and six months forward exchange rate is €0.99 per dollar. The treasurer of IBM does not wish to bear any exchange risk. Where should he or she invest to maximise the return? Support your answer by providing suitable reasons
In: Finance
Assume the economy is operating at potential GDP. In writing and in a graph, explain how each of the events below will affect the equilibrium price level, aggregate output, and the unemployment rate in the United States in the short-run. Be sure to analyze each event independently.
Congress passes a new budget that decreases taxes and increases
government spending on infrastructure.
Due to higher interest rates, business firms decrease investment
spending.
U.S. productivity declined for the third month in a
row.
Due to the glut of oil on world markets, oil prices
declined.
In: Economics
This week several large companies announced self imposed restrictions on gun sales in response to the recent school shooting in Florida. Both Dick’s Sporting Goods and Walmart placed restrictions on the sale of “assault style riffles” and additional age restrictions as well. Other companies have since followed suit, despite the fact that the United States Congress has thus far failed to respond with legislation.
Do you feel that Dick’s Sporting Goods and Walmart responded in an ethically and socially responsible manner, especially in light of their various stakeholders?
In: Economics
The following table displays the results from a Harris Interactive Poll of 2276 randomly selected adults in the United States. The responses are separated by the individual’s generation (age group).
Generation
Do you feel that self- Millennials | Generation X | Baby Boomers | Matures
driving vehicles are Yes | 167 | 210 | 262 | 141
the future of driving? No | 311 | 427 | 443 | 315
Is a person’s feeling regarding self-driving vehicles being the future of driving independent of their generation (age group) at the 0.05 level of significance?
In: Statistics and Probability
According to Nielsen Media Research, the average number of hours of TV viewing by adults (18 and over) per week in the United States is 36.07 hours. Suppose the standard deviation is 9.7 hours and a random sample of 45 adults is taken.
a. What is the probability that the sample average is more than 38 hours?
b. Suppose the population standard
deviation is unknown. If 71% of all sample means are greater than
35 hours and the population mean is still 36.07 hours, what is the
value of the population standard deviation?
In: Statistics and Probability
Statements To Which To Respond
In: Operations Management
For Amazon 2018, If Congress voted to eliminate corporate taxes, what would be the effect on your company's income statement and balance sheet? Defend your response. Calculate the income tax rate for your chosen company. What effect will an increase in income of $2,000,000 have on your company? What are the effects on the balance sheet and income statement? Justify your response. How much did your company pay in foreign taxes last year? What percentage of its income is United States vs. foreign?
In: Accounting
One aspect of international trade that has seen quite a bit of coverage since the election of Donald Trump is that of tariffs. While the use of tariffs as a means of engaging in economic and geopolitical policy is certainly not new, the Trump Administration has opted to use them in a manner much different than what Americans are accustomed to seeing.
Your assignment is to read this article from the Washington Post and in 250-500 words explain how you feel American auto manufacturers will respond to the continued use of tariffs on Chinese imports into the United States.
In: Economics
1- After reviewing and understanding the functions of the Federal Reserve, would you agree that many countries have a very similar set up as to the control of the money supply of that country? How are the Bank of Japan, Bank of England and The US Federal Reserve similar?
2- What are the various ways in which the central bank “FED” on behalf of the government intervenes to resolve an economic crisis? What are the advantages and disadvantages of this interference? What is your opinion regarding the quantitative easing conducting now in by the FED in The United States upon Covid 19?
In: Finance