Categories
International Economics

In the process of discussing or presenting solutions, please create logic throug

In the process of discussing or presenting solutions, please create logic through evidence rather than your intuition. And please fill in at least 10 of the evidence cited at the end. It’s better to have more information about Korea.
For example,agree
01. Unlike severe inflation, falling rice prices
At a time when all prices are rising due to inflation, it is necessary to take measures against the falling price of rice.
02. Amend laws that have not changed much.There have been 10 previous attempts to isolate the market only to change arbitrary clauses into obligatory ones.
03. Compensation for the process of trade liberalization
Due to the WTO agreement, the annual import of 410,000 tons of rice must be compensated.
04. Because of the special nature of rice, governments must help.Since it is difficult to increase the amount of rice cultivated land when it decreases, it is difficult to adjust the yield flexibly according to the market situation. Hence the need for government help.
object01. Unrealistic reform programmes inconsistent with budgetary shortfalls and inflationOne trillion won will be spent to isolate the 450,000-ton market.
In addition, one trillion won has been spent on rice in the name of public reserve rice and public welfare payments.
02. At a time when demand for rice is decreasing and demand for other grains is increasing, it is not appropriate to provide disparate assistance to rice
Demand for rice, while still high, continues to decline, while demand for other grains, such as wheat, is increasing.
03. Radical solutions are needed
In the era of the fourth industry, the government should invest in cutting-edge agriculture and land efficiency in order to flexibly respond to market conditions.
New agricultural attempts such as expanding smart farms, expanding strategic crops and guiding enterprises to enter agriculture deserve more attention.

Categories
International Economics

Directions of what needs to be in summary: 1.A summary of the main focus of the

Directions of what needs to be in summary:
1.A summary of the main focus of the article.
2. Why you selected this article.
3. The implications of the article to international business
4. The implications of the article to the global community
.https://www.wsj.com/articles/opec-gathers-to-decid…

Categories
International Economics

Directions of what needs to be in summary: 1.A summary of the main focus of the

Directions of what needs to be in summary:
1.A summary of the main focus of the article.
2. Why you selected this article.
3. The implications of the article to international business
4. The implications of the article to the global community
.https://www.wsj.com/articles/opec-gathers-to-decid…

Categories
International Economics

In the process of discussing or presenting solutions, please create logic throug

In the process of discussing or presenting solutions, please create logic through evidence rather than your intuition. And please fill in at least 10 of the evidence cited at the end. It’s better to have more information about Korea.
For example,agree
01. Unlike severe inflation, falling rice prices
At a time when all prices are rising due to inflation, it is necessary to take measures against the falling price of rice.
02. Amend laws that have not changed much.There have been 10 previous attempts to isolate the market only to change arbitrary clauses into obligatory ones.
03. Compensation for the process of trade liberalization
Due to the WTO agreement, the annual import of 410,000 tons of rice must be compensated.
04. Because of the special nature of rice, governments must help.Since it is difficult to increase the amount of rice cultivated land when it decreases, it is difficult to adjust the yield flexibly according to the market situation. Hence the need for government help.
object01. Unrealistic reform programmes inconsistent with budgetary shortfalls and inflationOne trillion won will be spent to isolate the 450,000-ton market.
In addition, one trillion won has been spent on rice in the name of public reserve rice and public welfare payments.
02. At a time when demand for rice is decreasing and demand for other grains is increasing, it is not appropriate to provide disparate assistance to rice
Demand for rice, while still high, continues to decline, while demand for other grains, such as wheat, is increasing.
03. Radical solutions are needed
In the era of the fourth industry, the government should invest in cutting-edge agriculture and land efficiency in order to flexibly respond to market conditions.
New agricultural attempts such as expanding smart farms, expanding strategic crops and guiding enterprises to enter agriculture deserve more attention.

Categories
International Economics

Use at least four (4) decimals in all intermediate calculations. For numbers tha

Use at least four (4) decimals in all intermediate calculations. For numbers that are less than one (1), you may need to use six (6) decimals.

Categories
International Economics

Use at least four (4) decimals in all intermediate calculations. For numbers tha

Use at least four (4) decimals in all intermediate calculations. For numbers that are less than one (1), you may need to use six (6) decimals.

Categories
International Economics

What is the profit maximizing output?

Instructions – PLEASE READ THEM CAREFULLY ❖ This assignment is an individual assignment.
❖ The Assignment must be submitted only in WORD format via the allocated folder.
❖ Assignments submitted through email will not be accepted.
❖ Students are advised to make their work clear and well presented. This also includes filling in your information on the cover page.
❖ Students must mention question numbers clearly in their answers.
❖ Late submitted assignments will NOT be entertained.
❖ Avoid plagiarism; the work should be in your own words; copying from students or other resources without proper referencing will result in ZERO marks. No exceptions. ❖ All answered must be typed using Times New Roman (size 12, double-spaced) font. No pictures containing text will be accepted and will be considered plagiarism).
Submissions without this cover page will NOT be accepted. (Don’t change the cover page format.)
(Total Marks: 10)
[Course learning outcomes covered: (LO1.1)]
Assignment Questions:
Q1. You have been hired as an economic consultant by a price-taking (a perfectly competitive) firm that produces T-shirts. The firm already has a factory, so it is operating in the short-run. The price of T-shirt is $9, the hourly wage is $24, and each T-shirt requires $1 worth of material. The following table shows the relationship between the number of workers and output of T-shirts.
Workers
10
11
12
13
14
15
Output
5
29
41
47
50
52
Labor cost
Material cost
Fixed cost
$2
$2
$2
$2
$2
$2
Total cost
Marginal cost
a. Fill in the blanks in the table. (3 points)
b. What is the profit maximizing output? [ students may use marginal approach] (1 points)
Note: For answering question-1 (a) and (b) students are required to show all possible calculations.
Q2. See around you and pick up a firm which is either dominating the market or trying to create monopoly.
• (a) Write in brief about the firm chosen and explain how the firm is trying to create a monopoly or dominating the market? (2 points)
• (b) Elaborate your opinion, why we as a society should worry about a firm trying to create a monopoly? (2points)
• (c) Discuss some policy options a government could have to intervene in such market and prevent the monopoly creation. (2points)

Categories
International Economics

Discuss the russian-ukrainian war that began on february 24, 2022, and the subsequent economic sanctions against russia.

Economic and monetary policies and/or sanctions have a direct impact on international trade. For this week’s discussion, please:
Discuss the Russian-Ukrainian war that began on February 24, 2022, and the subsequent economic sanctions against Russia. Specifically, appraise the effect for Russia of being disconnected from SWIFT, losing the Most Favored Nation status, losing its oil export to the United States, and being barred from obtaining loans from the International Monetary Fund and the World Bank.
Distinguish the implication of these sanctions for Russia’s trading partners.
Appraise how the Kingdom of Saudi Arabia can navigate the new economic climate caused by this crisis.
Directions:
Embed course material concepts, principles, and theories, which require supporting citations along with at least one scholarly, peer-reviewed reference in supporting your answer unless the discussion calls for more. Use APA style guidelines.

Categories
International Economics

Give an example of how companies depreciate their plant assets under each method.(marks5)

Instructions – PLEASE READ THEM CAREFULLY The Assignment must be submitted on Blackboard (WORD format only) via allocated folder.
Assignments submitted through email will not be accepted.
Students are advised to make their work clear and well presented; marks may be reduced for poor presentation. This includes filling your information on the cover page.
Students must mention question number clearly in their answer.
Late submission will NOT be accepted.
Avoid plagiarism, the work should be in your own words, copying from students or other resources without proper referencing will result in ZERO marks. No exceptions. All answered must be typed using Times New Roman (size 12, double-spaced) font. No pictures containing text will be accepted and will be considered plagiarism).
Submissions without this cover page will NOT be accepted. Assignment Question(s): (Marks15)
Q1. Compare the different depreciation methods. Give an example of how companies depreciate their plant assets under each method.(Marks5)
Q2. Why is it important for companies to implement good internal control? What are the principles of internal control? Explain your answer. (Marks5)
Q3. A company wants to use the allowance method to account for bad debts. You are assigned to explain to the company the different ways it can use to estimate bad debts. (Marks5)

Categories
International Economics

Answer:

• The Assignment must be submitted on Blackboard (WORD format only) via allocated folder.
• Due date for Assignment 1 is by the End of Week 11 (12/11/2022)
• Assignments submitted through email will not be accepted.
• Students are advised to make their work clear and well presented, marks may be reduced for poor presentation. This includes filling your information on the cover page.
• Students must mention question number clearly in their answer.
• Late submission will NOT be accepted.
• Avoid plagiarism, the work should be in your own words, copying from students or other resources without proper referencing will result in ZERO marks. No exceptions. • All answered must be typed using Times New Roman (size 12, double-spaced) font. No pictures containing text will be accepted and will be considered plagiarism).
• Submissions without this cover page will NOT be accepted. Assignment 3 Questions: Chapter 15, 17 & 18
(10 Marks)
1. A country has 150,000 people. Of these 25,000 are children under the age of 16. 92000 people have jobs and 8000 don’t have job and are looking for work and 25,000 people are retired.
a. Calculate the labour force participation rate (2.5 Marks)
b. Calculate the unemployment rate (2.5 Marks)
2. What is the inflation tax, and how might it explain the creation of inflation by a central bank? (2.5 Marks)
3. Suppose a resident of Canada buys some machine tools from a company in Japan. Explain why and in what directions this changes Canada net exports and Canada net capital outflow. (2.5 Marks)
Answer: