Category: Economics homework help

 Explore the websites of two IMC evaluation companies, such as Ameritest (www.Ameritest.net), Ipsos ASI (www.ipsos.com), Millward Brown (www.millwardbrown.com), or Sapient (www.sapient.com), and compare the services they offer. If you were looking for a company to evaluate a campaign for recall, which one would you prefer? Why? What if you were looking for a company to evaluate a campaign for digital impact? Why?  
 Instructions: After reading chapter 17, review question 17-11 at the end of the chapter. Submit a 1.5-2 page paper, double-spaced, 1″ margins, using Times New Roman Font, to address question 17-11.  You do not need a header, simply include your first and last name, date and class (BA110) on the top of the first page. Your responses should discuss concepts from the chapter and how they relate to the questions asked.  Use the textbook and other sources as needed, and cite references used.  

What is the theory of purchasing power parity? Does the theory successfully explain all long-run exchange rate movements? What are some reasons that it might not always explain such movements? How does the PPP impact customers and businesses differently?  
You decide to work in Japan for the next ten years, accumulate some savings, then move back to the United States and convert your savings from yen to dollars. At the time of your move, economists predict that consumers in the United States have reignited their love of Japanese products, especially hoverboards and 3D televisions, and expect this strong preference for Japanese products will continue for the next decade. Should these predictions encourage or discourage you from working and saving in Japan  Why  Should you reconsider your move and/or reconsider it in the future? 

 Explore the websites of two IMC evaluation companies, such as Ameritest (www.Ameritest.net), Ipsos ASI (www.ipsos.com), Millward Brown (www.millwardbrown.com), or Sapient (www.sapient.com), and compare the services they offer. If you were looking for a company to evaluate a campaign for recall, which one would you prefer? Why? What if you were looking for a company to evaluate a campaign for digital impact? Why?  
 Instructions: After reading chapter 17, review question 17-11 at the end of the chapter. Submit a 1.5-2 page paper, double-spaced, 1″ margins, using Times New Roman Font, to address question 17-11.  You do not need a header, simply include your first and last name, date and class (BA110) on the top of the first page. Your responses should discuss concepts from the chapter and how they relate to the questions asked.  Use the textbook and other sources as needed, and cite references used.  

What is the theory of purchasing power parity? Does the theory successfully explain all long-run exchange rate movements? What are some reasons that it might not always explain such movements? How does the PPP impact customers and businesses differently?  
You decide to work in Japan for the next ten years, accumulate some savings, then move back to the United States and convert your savings from yen to dollars. At the time of your move, economists predict that consumers in the United States have reignited their love of Japanese products, especially hoverboards and 3D televisions, and expect this strong preference for Japanese products will continue for the next decade. Should these predictions encourage or discourage you from working and saving in Japan  Why  Should you reconsider your move and/or reconsider it in the future? 

 
Each student is required to submit a research proposal (please look up the meaning of a ‘research proposal’) for their final paper. The subject of the final paper is “An Ethical Framework for Doing Business” in a specific country with a free trade agreement with the United States of America (consult “The Office of the United States Trade Representative” for a list of countries].  The subject matter covers best practices for doing business ethically, legally, effectively, and in a culturally sensitive manner in pursuit of business goals in a foreign country. 
Students are required to submit a two or three-page research proposal for the final paper detailing,

A specific topic for the final paper:  “An Ethical Framework for doing Business in [Country with a Free Trade Agreement with the US)”
A brief review of academic literature about the topic
A Rationale (logic, significance, and relevance) for the final paper
Any relevant background information about the topic/country, etc.
A summary of the methods and sources that will be used in the final paper
A preview of the ‘expected’ results and/or conclusions of the final paper (note: this may change as the research progresses).

Students must identify the specific country that will be the focus of the paper in their research proposal. 
For greater specificity and quality, students must limit the scope of their final paper to a specific sector, industry, or a specific hypothetical business venture.
Submissions must be made as Microsoft Word documents, formatted in APA style (please also see School of Business Writing Manual). 
Please note that the Final Paper (Session Seven) must incorporate sources and information gleaned throughout the class: Annotated Bibliography, the Survey Questionnaire, Case Studies, Article Reviews, principles, concepts, and theories discussed in the text, the Foreign Corrupt Practices Act (FCPA), and other additional sources encountered during research.

 TWO TO THREE PAGES
NO AI
ENDNOTES FOR CHAPTER FOUR ATTACHED BELOW FOR ARTICLE SUGGESTIONS 
Submit an Article Review of an academic (‘refereed’) journal article which discusses the intersection of culture and business in an international setting.  The summary must be about two to three pages long (not including cover page, reference page, or any additional material such as appendices, if any) and should cover the general method and approach as well as the main points of the article and its contribution to the study of the intersection of culture and business in an international setting.  Although students are not restricted in their search for such an article, a good place to start would be the journals and articles listed in the endnotes of chapters 4, and 5 of the text (Doh and Luthans, 2018).  Submissions must be made as Microsoft Word documents, formatted in APA style.  please also see School of Business Writing Manual.  

In chapters 1 and 2, you will start reading about how economics “paints a picture” used to interpret real-world situations but may be based on estimations, averages, and what should happen rather than what is happening. For this discussion, research a recent article about the economy and reflect on the economic model instead of what happened in the economy. Please make sure your journal articles are within the past ten years and are journal articles, not Wikipedia, not Investopedia, or newspaper articles like the “Wall Street JournalLinks to an external site..” 
Discuss the role of economic modeling as it pertains to the following concepts:  
Write one paragraph describing the article you found and how the model represents the economic situation. Highlight what method was used, for example, estimation of the number of people in the labor market or did they use accurate numbers. Make sure you reference your journal article in MLA or APA formatting. 
Write one paragraph examining the impact of the Economic Model on decisions that will be made. This could be the government, the Federal Reserve Bank, Businesses, or Customers. Provide a real-life example of how the information can be used by one company or customer to inform their decision-making. 
Write one paragraph reflecting upon the Production Possibility Frontier (PPF) and how business decisions are based on the limitations put on them by this model.  

The table below shows the output per week of two manufacturers, Serena and Venus. They can either devote their time to making Yogurt or making Ice Cream. 
The output per week of two manufacturers
                       Serena             Venus 
Yogurt:         750 Gallons      800 Gallons 
Ice Cream:    950 Gallons      900 Gallons 
 Answer the following questions with an explanation of why you determined the answer: 
Who has the absolute advantage in making Yogurt? Explain why. 
Who has the absolute advantage in making Ice Cream? Explain why. 
What is Venus’s opportunity cost of making a Yogurt? Explain why. 
What is Serena’s opportunity cost of making a Yogurt? Explain why. 
What is Venus’s opportunity cost of making Ice Cream? Explain why. 
What is Serena’s opportunity cost of making Ice Cream? Explain why. 
Who has the comparative advantage in making Yogurt? Explain why. 
Who has the comparative advantage in making Ice Cream? Explain why. 
You and your neighbor are the only people in the world that produces cashews and mushrooms. You do not engage in trade with each other. On your own, you can each produce the following per day: 
Cashews and Mushrooms Production
                                                       You                                                  Neighbor 
                                         Cashews        Mushrooms             Cashews          Mushrooms 
Only gather cashews:      12 pounds          0 pounds                 5 pounds            0 pounds 
Only gather mushrooms:    0 pounds          6 pounds                 0 pounds            5 pounds 
 Right now, you each split your time between gathering each product. You currently gather and consume eight pounds of cashews and two pounds of mushrooms, while your neighbor is gathering and consuming three pounds of cashews and one pound of mushrooms. Show numerically how specialization and trade with each other can make you better off. Who specializes in the production of each product, and what trade could you then make with each other that would benefit both of you? Explain your answers. 

 
Assignment Details
Before selling products internationally, business owners should evaluate prospective countries to determine if they are a good fit for the business. Many factors could potentially disqualify a country as a strong market location for your company.
Watch the following videos to learn about countries with the greatest opportunities for international success:
10 Best Countries to Invest in Business
15 Countries Americans Are Not Welcome In
Several factors may disqualify a country from international consideration, including the following:
Historically having political differences between the country and the United States
A recent history of military actions or wars between the country and the United States
Cultural, religious, or social differences and conflicts
After watching the videos, download this assignment template. Then, in a 3–5-page paper, respond to the following:
Why is it important to closely evaluate countries before selling in them?
What are 1–2 countries with great potential for American companies and why? 
Who are 1–2 countries that may not want to purchase American products and services and why?
Why do American culture, values, and political ideologies matter when selecting international markets?

 
Primary Response: Within the Discussion Board area, write 300–500 words that respond to the following questions with your thoughts, ideas, and comments. This will be the foundation for future discussions by your classmates. Be substantive and clear, and use examples to reinforce your ideas.
For this Discussion Board, please complete the following:
The United States is a member of several foreign trade agreements around the world. The North American Free Trade Agreement (NAFTA) is an example of a foreign trade agreement between the United States, Canada, and Mexico. This agreement established guidelines for how the three countries engaged in mutually beneficial business practices.
NAFTA is very controversial and is believed to be the reason for many Americans losing their jobs when companies began shifting their operations to other countries to lower operating costs.
Watch this video to learn more about NAFTA and the role it has had in the U.S. economy:
NAFTA Explained by Avocados and Shoes 
Using what you have learned from the videos, discuss the following with your classmates:
What are the trade benefits of NAFTA to the United States, Mexico, and Canada?
How has NAFTA benefited American consumers? Explain your answer.
How has NAFTA negatively impacted American workers and businesses?