Country Global Economy Trade Advantages
We Write Essays for Students
Tell us about your assignment and we will find the best writer for your paper
Get Help Now!PREPARE: This assignment requires you to research a country’s trade advantages within the global economy. In order to successfully complete this assignment, please follow these instructions carefully. Select a Country: You are to select a country whose name begins with the same letter as YOUR first name…My name is Caitlin so perhaps Canada? whichever! Begin by going to the Global Edge Web site of Michigan State University. At the Home Page, click on “Global Insights,” which will take you to the page where you can search by Trade Bloc, Country, State, and Industry. Select “Country” from the drop-down menu and begin to find out about your country. Other sources you may want to consider are the U.S. Department of State—see “Countries and Regions” from the menu at the top of the home page. Also consider the C.I.A. World Fact Book—see the drop-down menu on the home page for a list of countries. Research Answer the following questions about your country: Based on your research, does your country have an absolute advantage in any area of international trade? If so, please describe this advantage and explain why you think they have this characteristic. Country Global Economy Trade Advantages
Remember: Absolute advantage is the ability of a country, individual, company, or region to produce a good or service at a lower cost per unit than the cost at which any other entity produces that good or service. Based on your research, does your country have comparative advantages? Remember: Comparative advantage refers to the ability of a party to produce a particular good or service at a lower marginal and opportunity cost over another. Even if one country is more efficient in the production of all goods compared to the other, both countries will still gain by trading with each other, as long as they have different relative efficiencies. Write: Prepare a written summary of your findings, following the guidelines for written assignments. You must include the following information in your summary: A brief overview of the country you selected (fewer than 50 words) The advantage you identified (absolute or comparative) Explanation and justification for making the decision you did. For example, if you selected Latvia and decided that they have an absolute advantage in Gizmos, you would include the following: Latvia accounts for 80 percent of the world Gizmo markets. The world market for Gizmos is _______ per year; The reason why Latvia has an absolute advantage is _______; Latvia benefits from this advantage by_______. Written Assignment Instructions Content: In your assignment, answer all questions from the instructions. This does not mean that your paper should be prepared as a series of numbered short answers. You are to convert the questions into a series of paragraphs that blend into a cohesive, logical series of thoughts and ideas. Generally, you can be confident that your instructor is not interested in your repeating what the “textbook” has to say. The purpose of this written assignment is for you to demonstrate what you think or conclude based on your reading and understanding of the course materials and/or research. Length:
Your assignment is required to be 2-3 pages long. Title pages, pages of references, citations or graphs DO NOT count towards the length of the paper. Format: The assignment must be double-spaced, using no more than a 12-point font and standard margins of no greater than 1” on all sides. File Formats: Your Assignment must be submitted in an .rtf or Word file. Citations: When citing a source that is not your original work, a citation must be provided. For all assignments, your citations must conform to APA Style, which is the standard citation style for the business disciplines. Review the page “Resources for Success” in the Course Information section of the course for more assistance with research, writing, and formatting of your essay. Country Global Economy Trade Advantages
Need Help with a similar Assignment?
The post Country Global Economy Trade Advantages appeared first on EssayPanthers.
Welcome to originalessaywriters.com, our friendly and experienced essay writers are available 24/7 to complete all your assignments. We offer high-quality academic essays written from scratch to guarantee top grades to all students. All our papers are 100% plagiarism-free and come with a plagiarism report, upon request
Tell Us “Write My Essay for Me” and Relax! You will get an original essay well before your submission deadline.
