Economics

Promoting international trade is not a zero-sum game. It is a win-win proposition; both parties gain from trade.Consider the following:Tariffs are paid by the citizens of the country imposing tariffs, not by the citizens of the country producing the products upon which the tariffs are levied.The term “trade deficits” is a misnomer. Every country’s trade is always in balance. Trade deficits do not mean the US no longer produces anything to export. The US is the world’s second largest manufacturer and the world’s second largest exporter of manufactured goods.Trade deficits reflect a strong economy. Trade deficits rise during economic expansions and fall during economic contractions. Unemployment falls as trade deficits rise and rises as trade deficits fall.Imports and exports are complements, not competitors. Both are necessary and both contribute to economic growth.Roughly one-third of all US imports and exports is trade between US multinational companies and their overseas subsidiaries.Foreign-owned companies operating in the US number in the thousands and provide directly or indirectly jobs for more than 13 million US workers (roughly, 10% of the US workforce).US trade deficit in goods in 2018 (as a % of GDP) was the same as it was 5, 10 and 15 years earlier.The rise in US goods trade deficit with China has not increased the US total goods trade deficit. It has been offset by reduced goods imports from other trading partners.There is a strong correlation between the rise in world trade and:The rise in world GDPThe dramatic fall in the world’s extreme poverty rateThe rise in world life expectancyFor every US manufacturing job lost to trade between 2000 and 2010, seven US jobs were lost to domestic productivity improvements. Those seven jobs cannot be brought back from overseas because they never left the USWrite a 800-word evaluation of credible economists’ unbiased opinions on the benefits, costs, and results of current US trade and tariff policies. Complete the following in your evaluation:Evaluate how US trade policy changes in the last 2 years affect global trade activities by multinational corporations.Discuss credible economists’ opinions on the long-term effects of trade and tariff policies changes in the last 2 years.Explain the effect of recent changes to trade and tariff policies have had on your employer, you, or someone you know.

A) The term paper should be designed as follows: 1. Title 2. Abstract 3. Introduction Literature review 4. Results (findings) Formulas (rules) and examples (applications) (choosing 1 formula of Statistics to apply on 1 example) 5. References B) The topics of the term paper Applications of Statistics in Finance

This is a short paper assignment which includes both positive and normative analysis. The topic concerns the possible relationship between state government opening/closing policies and the incidence of COVID-19 infections. 1. Start by reading the article denoted “state openings” in the Coronavirus folder in Files. This will provide some information on the topic, especially different states’ policies. There should be some discussion of this or similar information early in your paper. 2. Access the Johns Hopkins Coronavirus Dashboard through this link https://coronavirus.jhu.edu/ (Links to an external site.) You will find a button titled: Timeline of COVID-19 policies, cases, and, deaths in your state. This provides access to the type of interactive graphs we viewed in class. Pick any two states to conduct analysis. Some are more interesting than others. You may also, for extra credit, consider additional states. Observe the data and see what relationships might exist, or not, between opening policy and infection rates. Understand that nothing is conclusive here but you can certainly draw some initial observations. In this section you will discuss this analysis. 3. The data provided is very basic and there may be alternative explanations of infection rates. Discuss these possibilities. You may use outside sources but they are not required. If you do use any you must cite them. 4. Discuss opening/closing policy in terms of the concepts in today’s lecture and Chapters 1 and 2. Scarcity, opportunity costs, trade offs, incentives, etc. 5. Draw some conclusions from all the information you considered in your paper on what you think policies should be. THERE ARE NO RIGHT OR WRONG ANSWERS. There is a wide range of answers. For example you may feel strongly one way or another. Or you might decide there is not yet enough research to inform policy. You are graded on creative thinking and linking this final normative analysis to the positive analysis that comprised the majority of your paper—not on your opinions. Outside sources are not required but you are encouraged to use them. If you use a source you must cite it. Also paraphrase, don’t direct quote. NO PEDIAS! Good writing style is stressed. Divide your paper into logical, separate sections The numbers above may suggest a section structure but use whatever you think is best. Delineate sections with subheadings. Use proper paragraph structure and watch spelling and grammar. I grade on quality not quantity. Normally I might suggest a length. I am not going to here. I want to see your creativity, interest, and knowledge. I want this exercise to be fun and stimulating.

1. Please answer all parts of this question: a. Compare and contrast perfect competition with monopolistic competition, outline the underlying assumptions and provide examples of both market structures. b. Explain and show diagrammatically the short-run and long-run equilibrium of the firm both under perfect competition and monopolistic competition. (In total maximum 800 words; 40 points) 2. Define a natural monopoly, illustrate the underlying characteristics and provide examples of situations where natural monopolies are likely to occur. (In total maximum 600 words; 30 points) 3. With the use of examples, illustrate how governments can encourage innovation. (In total maximum 600 words; 30 points)

In this assignment, you are going to write an academic paper that integrates scholarly sources to support a position. My position selected Economics. Select a topic of interest, but remember that your paper is limited in length, so choose a topic that you can cover clearly and concisely. Use at least two sources (and no more than four) for this paper. Your paper should be three pages in length using APA format. This assignment requires a more formal type of writing. It will require you to be not only more formal in your writing style but to also include the use of evidence. Be aware of stating your thesis clearly and effectively. Also, be aware of how to insert evidence into your document and have the correct citations. The support you offer will help to convince the reader of your stand and the validity of your argument.

Choose any product or service then identify what are the necessary inputs and processes needed in order to convert these into a finished product or service. Explain your answer.

you have to make spreadsheet to answer some of the questions, and the others you can write in words. upload your spreadsheet and answers as a single file. The file must be in a spreadsheet-type format (for example, .xls) so that we can open it and look at the formulas.

Why might a profitable motel shut down in the long run if the land on which it is located becomes extremely valuable due to surrounding economic development? What kinds of costs are involved in making a decision to shut down?

The US political environment could be at an all-time high for vitriol partisan politics. While we have learned that PEOPLE try to maximize Utility, BUSINESS tries to maximize PROFIT, and POLITICIANS try to maximize VOTES, how do we know what is best for our ECONOMY. Explain how government policies effect the standard of living. You should define how standard of living is figured and give specific examples of how government policies and actions have helped or hurt our standard of living. Focus your paper on the economic consequence, not on political activism.

What are the private and public approaches to dealing with financial risks incurred by financial institutions in the event of terrorism?