Marjorie Benton

Economic Considerations in International Trade

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Let’s find import and export data to inform this week’s discussion. While there are many excellent online sources of trade data, please use the Department of Commerce report, U.S. Goods Trade: Imports & Exports by Related-Parties 2016. Here’s a screenshot showing step-by-step how to get data. Select any product you would like to discuss:

My query on Potatoes (NAICS code 111211) gives the following import/export data:

KFirstly, discuss some interesting statistics you found for your product. For me, I find it interesting that Canada is the number 1 source for potatoes imported into the United States. In 2016, we imported over $200 million in potatoes from Canada. Maybe even more interesting is that the number 2 country is Jamaica with over $21 million in potatoes imported. I don’t know enough about the potato market to know what varieties of potatoes we might get from Jamaica. In your post, please share any additional knowledge you have about your product that may be informative to understanding the statistics.

Secondly, think about the concept of comparative advantage. What is comparative advantage? How does comparative advantage lead to trade between countries? Do both countries benefit when they trade goods? And finally, why does the U.S. both import and export products with countries. For example, while we import over $200 million in potatoes from Canada, we export over $150 million in potatoes toCanada. Why is that? Does bilateral trade of the same good fit with the idea of comparative advantage?

 

Requirements: Detailed   |   .doc file

Answer preview

An evaluation of the import-export statistics reveals that the U.S. often imports and exports the same products. For instance, the U.S. imported over $200 million in potatoes from Canada and shipped over $150 million in potatoes to Canada. Two-way trade is not a new phenomenon in global economics as countries have undertaken this practice for years. One may get the impression that such trade cancels itself out as countries gain revenue by exporting those products and immediately lose it when they import the same products. However, one must appreciate that trade does not occur within perfect conditions. As such, the costs of production may change due to the seasonality of the goods involved. Another rationale is that two countries may have different varieties of the same product. While the key statistics may read potatoes, the import and export of the products provide diverse values.

[701 Words]

Economic Considerations in International Trade

Marjorie Benton

Market surplus

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1. Describe a real-world government policy that creates a market surplus. Be sure to carefully define the relevant market and the stakeholders that are involved in the market. Explain the efficiency implications of the policy you have picked. Make sure to relate your answer to the producer, consumer, and total surplus in the market. In the instance you have described, what is the government’s motivation for intervening in the market in this way? Will a deadweight loss exist in your example, please explain your analysis?

2. One of the major problems in applying the Coarse Theorem in practice is the existence of high transaction costs. Propose an approach that a third party could use that would reduce these costs sufficiently so that bargaining could proceed. How likely is the solution to be efficient, and why? Do you think government intervention in the market will allow for markets to allocate resources, efficiently or not?

3. Suppose you are using a risk-benefit analysis to evaluate a policy aimed at limiting the use of a pesticide applied to a specific crop of your choice. Describe the risks and benefits that would have to be estimated to conduct this analysis properly. Please make sure to research your specific crop, in your risk-benefit analysis. In your answer, make sure to fully describe each of the stakeholders that are involved in this market and the implications of the pesticide.

4. For this week, we are going to focus on the application of what you have learned and apply it to the news around us. Find a relevant article that has to deal with the first four weeks of the course. Present your article to your peers, then summarize the article in one paragraph, the next paragraph, present two economic terms that you have referenced from the article, then apply the terms to whether you agree or disagree with the recommendations of the author’s position.

5. Review the air quality topics and identify the following in your work: a.) What is the pollutant that is being identified? b.) What type of program would you recommend to address the area? c.) How can we measure the effectiveness of this program? d.) What happens if the market was left alone to bring about market solutions?

https://www.epa.gov/indoor-air-quality-iaq/popular…

6. You have been recently hired as a consultant, working as part of an EPA team, you now have an assignment. As an alternative to standards, one policy proposal is the use of permit trading among point sources of water pollution. Give the major reason why this is advantageous (a) from an economic perspective and (b) from an environmental perspective. In your research, make sure to select a specific industry and provide why permit trading would be good for society.

7. Visit the Website of Environmental Defense Fund, and review the list of their recent corporate partnerships. Select one, and summarize the cooperative efforts between Environmental Defense and a private firm. Identify some of the potential environmental and economic benefits associated with that partnership.

https://www.edf.org/partnerships

8. In no more than 250 words, please (1) describe how you feel this course has helped you to improve your economic knowledge and analytical skills, and (2) assess the course objectives you still do not understand and suggest how to improve the course to meet those objectives, and 3) did the course content and instructor’s facilitation of this course meet your expectations.

Requirements: 250 words

Answer preview

Yes, I think the government interventions will allow allocating resources efficiently because they will regulate the amount allocated to each entity depending on how they need them, not favoring others. Sometimes, some have been allocated too much of a resource while others lack them. The government regulates those inequities by taxation and giving grants. When the government intervenes in the market, they always come with different objectives such as maximizing Social Welfare for cartels not to get the power to raise entry costs and limit infrastructural development. Also, by minimizing the macro-economic factors caused by natural economic events like inflation. Other reasons might be to promote national unity and advancement, which is an extremely worthwhile goal for government officials (Yano et al., 2019).

[2198 Words]

Market surplus

Marjorie Benton

Industry and macroeconomic environment

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Purpose: To discuss the external environment of the firm, PESTEL analysis, and the Porter Five Forces Model.

Assignment: Write a two paragraph (or more) analysis of the following question – Why is it so important that a company understand and remain highly responsive to the external environment? Can you discuss the external environment within the context of your company’s particular industry and macroeconomic environment? Use one facet of PESTEL analysis or one of the Porter Five Forces to describe a characteristic of your company’s external environment. It is important that you describe a real, specific example. You can use your company’s situation for this analysis. If you are not currently employed, you may describe a former employer or company. If security concerns preclude discussion of your current or former company, an example from the business press is acceptable.

Required materials to include on your discussion board post includes Chapter Three from the textbook and one of the Harvard Business Review articles assigned in Unit Two.

Textbook Citation: Gamble, et. al. (2021). Essentials of Strategic Management, Chapter 3;

Requirements: 2 paragraphs

Answer preview

           In light of the restrictions brought about by the pandemic, Amazon saw an opportunity to expand its services and its horizon in the market. To do that, it adopted factors present in the PESTEL analysis. One of the most important factors is the technological factors (Gamble et al., 2021). In this day and age, technology is the driving force of the global market. The needs of the consumers are met through extensive data analysis utilizing consumer preferences collected by digital companies. Subsequently, companies such as Amazon can use this technology to ensure that the needs of their consumers are met (Carlsson-Szlezak, Reeves & Swartz, 2021). Therefore, they should be in constant demand of new technologies that will ensure that they are more competitive in the delivery market. Therefore, the research and implementation of innovative technologies by Amazon have been a significant instigator towards its performance, thus giving it a competitive edge over other delivery companies.

[372 Words]

Industry and macroeconomic environment

Marjorie Benton

The Global Economic Meltdown

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Directions
Based upon Frontline: Inside the Meltdown (Links to an external site.) and
the corresponding transcript/information (Links to an external site.)  (Links to an external
site.), in a 750 to 1000 word essay, discuss key points, including in relation to Unit 6
course material and the research article used in the discussion.

Criminal Justice

Text books that are used for this class:

-Title: Economics of Social Issues, ISBN-13: 9781259300103

-Title: Taxing Ourselves: A Citizen’s Guide to the Debate over Taxes, ISBN-13: 9780262533171

Reference:

-Register, C. A., & Grimes, P. W. (2016). Economics of social issues (21st ed.). McGraw-Hill Education.

-Slemrod, J., & Bakija, J. M. (2017). Taxing ourselves: a citizen’s guide to the debate over taxes (5th ed.). MIT Press.

Answer preview

Banks started lending irresponsibly to households and people who lacked the financial ability to repay their mortgages. These high-risk debts were always packaged and transferred down the chain (Register & Grimes, 2016). Financial organizations started to suffer financial problems as the volume of worthless mortgage packages increased to an alarming level, with a significant proportion of them going into default (Slemrod & Bakija, 2017). It contributed to the world’s poor financial circumstances from 2008 to 2009, which persisted for years after that.

Most people undertook expensive mortgages ultimately had to pay them back. Commercial banks suffered significant losses when they were unable to pay. On the other hand, the state came in to save the banking institutions (Slemrod & Bakija, 2017).

[859 Words]

The Global Economic Meltdown

Marjorie Benton

Immigration Policy

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Guidelines: Research shows that students who are engaged in their courses learn more and stay in school. The traditional undergraduate classroom where lecture rules can get in the way of student learning— this class is full of discussion to help you remain engaged with the material and your peers. You must post a research-based, thoughtful, and substantive initial posting for each weekly topic. You must also provide a quality research-based response to two fellow students’ initial postings by Sunday. There is no word limit here but the contributions should be quality contributions, meaning they promote active discussion. Scholarly arguing– discussing differences of opinion and supporting those opinions with evidence and reason without getting emotionally involved in the argument– is a key skill that is developed in school and will serve you as you work in groups or continue your education. Play devil’s advocate. Periodically argue for the side you disagree with– you’ll be better at seeing arguments and better able to take other people’s perspectives– a key communication skill. Ensure all writing is error-free and have correct APA citations and references.

Directions:

Write Two Paragraphs:

  1. Find a piece of information on a controversial topic on the web. Do not use traditional news sources.
    1. For your initial post, give us that piece of information and include a link (citation/reference appropriately) to the source where you obtained the content.
    2. For additional posts, argue in support of a peer’s evaluation.

Requirements: Looking for a more in-depth guide with all the details.

Answer preview

You are correct to state that during the presidency of Donald Trump, immigration was the main covered topic in the media coverage. Also, I support your fact statement on a decline in the number of visas issues overseas in the United States from 2016 to 2019. The administration of this former president increased the denial rates of H-1B petitions which caused most of the long-term holders of this visa to leave the States. I strongly agree that Trump orders border agents separate migrant children from their parents’ cutwork visas for foreign software engineers. Policies were created that restricted foreign-born scientists and engineers from working

[372 Words]

Immigration Policy

Marjorie Benton

Immigration

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Read the following two articles about immigration

Immigrants Sent $140 Billion From U.S. Back To Homelands in 2016 (Links to an external site.)

and

Without immigrants, the US economy would be a ‘disaster,’ experts say

As a group, compare the language used to describe immigrants, the economy, and money in the two articles. What picture is created by the language used in each article. What ideological position does each article support? How could social practices be affected by the language in the articles?

Requirements: Looking for a more in-depth guide with all the details.

Answer preview

The article, “Without immigrants, the U.S. economy would be a ‘disaster,’ experts say,” supports the ideology of immigrants in the U.S because its economic downfall is not only because of immigrants (Tan, & Marshall, 2017). Even if the remittances are spent in home counties, the money still finds its way back to the U.S by buying food and other necessities that are not in their home countries. If all immigrants were to disappear from the U.S workforce, it would greatly impact the economy. Therefore, the government should stop fighting immigration as they are represented in many sectors, both low-and high-skilled jobs. The other article, “Immigrants Sent $140 Billion From U.S. Back to Homelands in 2016,” supports the ideology that immigrants should be chased away from the U.S because they don’t add value to the country’s economy (Munro, 2018).

[373 Words]

Immigration

Marjorie Benton

Process of Advanced Practice Nurse

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Based on your textbook reading, discuss the process of Advanced Practice Nurse (APN) business planning from a system approach.

Submission Instructions:

Requirements: 500 words

Answer preview

The first step in developing a business plan is to research and develop objectives relevant to the health care venture. The nurse should identify the purpose of establishing an independent clinical practice. This will help identify the targeted group of people; for instance, if the facility’s objectives are to reduce incidents in that pregnant women are not getting timely and efficient services, the target group would constitute pregnant women and children. Identifying the location best suitable to set the facility and the time of operation are also factors to be considered (Hahn & Cook, 2018). The second step of the business process is developing a business profile. This is where the APN outlines the vision and mission statements. The vision statement will help identify the facility’s purpose and what it would want to achieve, while the mission statement outlines the actions that would help achieve the facility’s vision.

[700 Words]

Process of Advanced Practice Nurse

Marjorie Benton

Comparison and contrast eassy

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Comparison and contrast eassy

 

That defines two related idea (like love/hate, etc) you will discuss these ideas through the comparison/ contrast with the help of at least two research items

Requirements: 900

Answer preview

Hope can be self-created or can result from the support of others. Self-created hope is influenced by personal experiences, including religion, or meeting earlier expectations. A person who has survived the COVID-19 will maintain hope when a similar incident occurs in the future. However, it takes more effort to maintain self-created hope since incidences are unique (Nierop-van Baalen et al., 570). Hence receiving psychosocial support from professionals is important to enhance hope during a crisis. Hope is influenced by positive messages, especially from those in higher authority, including religious leaders, public officials, and healthcare professionals, among others. To have hope means surrounding oneself with positive people.

Conversely, sources of despair are negative emotional triggers, and it is reinforced by a negative environment (Bereczki 2343). Despair can be self-created through own imagination or perception of the world as hostile. Previous frustrations or mistreatments can influence those thoughts of hopelessness. Listening to negative comments from others also fosters despair.

[1010 Words]

Comparison and contrast eassy

Marjorie Benton

Macro Economics

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Please analyze and contrast the Introduction and Literature Review of the articles below. All Articles can be found in EBSCO.

Briggeman, J. (2013). Paul Krugman. Econ Journal Watch, 10(3), 400–410. Retrieved from http://search.ebscohost.com/login.aspx?direct=true&db=bth&AN=94876820&site=ehost-live&authtype=uid&user=grantham&password=Research1951!

What’s Wrong with Economics: A Discussion Between Paul Krugman and Jeff Madrick. (2015). Challenge (05775132), 58(2), 112–134.

Cochrane, J. H. (2011). How Did Paul Krugman Get It so Wrong? Economic Affairs, 31(2), 36–40.

You are expected to critically evaluate the three articles provided, identify themes and gaps, then synthesize what you have learned, keeping in mind Krugman’s economic impact. The paper should be a minimum of 1500 words in APA format.

Requirements: 1500 words APA

Answer preview

Briggeman (2013), in the article “Paul Krugman,” introduces readers to this outstanding economist who has received an array of prizes, such as the Nobel Memorial Prize in Economic Sciences. These awards recognize Krugman’s significant contributions to the study of economics. Having studied economics as a major at Yale, he made great strides in his career when he became an assistant professor at the same university. According to Briggerman (2013), Krugman has coauthored several books and published journals independently explaining the phenomena of international trade. The article informs that Krugman developed the trade theory. He further took steps to write papers influenced by current policy debates and a research agenda focusing on economics, which complemented earlier developments. Notably, Krugman’s early works were motivated by his objective of building a solid standing as a dispassionate economist

[1586 Words]

Macro Economics

Marjorie Benton

Digital Business Transformation

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Zero marks will be given if you try to bypass SafeAssign (e.g., misspell words, remove spaces between words, hide characters, use different character sets or languages other than English, or any kind of manipulation

I advised making your work clear and well-presented

Write the solution in the concept by writing the keyword keys without copying from other paper or from the book

  • Use Times New Roman font size 12 for all your answers.
  • write the reference with APA Style
  • write the taxation
  • While your opinions do not need to be cited, they do need to be backed up with evidence. It is important to refer back to the textbook, articles, activities, other course content, or additional research using scholarly works to support your position or idea. All sources should be cited according to APA style: material needing citation should be marked with parenthetical citations in the body of your response and bibliographic entries

Required Text(s)

  • Jelassi, T., Enders, A., & Martinez-Lopez, F.J. (2020). Strategies for E-Business: Concepts and Cases on Value Creation and Digital Business Transformation (Classroom Companion: Business) (4th Ed.).Springer Publication
  • Afuah, A. (2014). Business Model Innovation: Concepts, Analysis, and Cases. (2nd ed.). New York City: Taylor & Francis. ISBN#: 9780415817400 (print), 9781136656491 (e-text).

Requirements: every question 250-300 word

Answer preview

E-Procurement can be described as the process where institutions or businesses request, order, and buy products or services via the online platform. In most cases, electronic procurement is a b2b process. Unlike e-commerce, eProcurement utilizes suppliers in a closed system and is only available to businesses that are only registered to a particular supplier system (Ronchi, Brun, Golini, & Fan, 2010). In other words, it facilitates interactions between businesses and customers via bids and so on. It is valuable to the organization as they easily access the customers. Moreover, it makes it easier for customers to make purchases. It allows the customers to have a variety of goods and services they may opt to buy.

[1055 Words]

 

Digital Business Transformation