GBM 381 Complete Class

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GBM 381 Complete Class: GBM 381 Intrenational Trade
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GBM 381 Week 1 DQ 1: What are the major trade theories? Select one and explain how this trade theory affects a country's export trade. Why might a country adopt a particular trade theory in pursuing international trade?
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GBM 381 Week 1 DQ 2: One of the most difficult ideas to master in this class is the idea of comparative advantage. Absolute advantage is like a competitive or cost advantage. However, a country can have NO absolute advantages and still trade based on comparative advantage. What sense can you make out of that?
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GBM 381 Week 1 Individual Major Trade Theories Paper: Write a 700- to 1,050-word paper in which you compare the following major trade theories:

⬢ Absolute advantage

⬢ Comparative advantage
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GBM 381 Week 1 Quiz: 1. _____________ explains how mutually beneficial trade can take place even when one nation is less efficient than another nation in the production of all commodities.

Mercantilism
The law of comparative advantage
The labor theory of value
The law of absolute advantage
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GBM 381 Week 2 DQ 1: What are the foreign exchange markets? How does the foreign exchange market affect the global economy? How can you use the foreign exchange market to hedge risk?
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GBM 381 Week 2 DQ 2: What are the main exchange rate regimes? How do the exchange rate regimes affect international trade and investments? Is there a better exchange rate regime for promoting international trade and investment? Explain.
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GBM 381 Week 2 Individual Product Life Cycle Paper: Write a 1,400- to 2,100-word paper analyzing the how a company can use global markets to revive the life cycle of a product. In your analysis, include the following:

⬢ Select a non-North American organization.

⬢ Identify and describe one of the organization's products that has reached its stage of maturity.
http://www.homeworktab.com/GBM-381/GBM-381-Week-2-Individual-Product-Life-Cycle-Paper
GBM 381 Week 2 Learning Team Trading Position Paper: Refer to the Trading Position Paper.

Select one country from each of the two categories and obtain faculty approval. Identify three natural resources and/or products that could be traded abroad based on the principles of comparative advantage for each of your selected countries. Then, determine the potential target market for each one of the selected natural resources and/or products.
http://www.homeworktab.com/GBM-381/GBM-381-Week-2-Learning-Team-Trading-Position-Paper
GBM 381 Week 2 Quiz: A television costs 600 Canadian dollars (CAD) in Canada and 500 US dollars (USD) in the US. The exchange rate between the Canadian dollar and the US dollar is:
1.2 CAD per 1 USD
1.2 USD per 1 CAD
.833 CAD per 1 USD
Cannot determine

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GBM 381 Week 3 Assignments From the Text: Resource: Introduction to International Economics

Prepare answers to the following assignments from Introduction to International Economics:
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GBM 381 Week 3 DQ 1: What is a trade barrier? How does a trade barrier impede a country's access to the export markets? Why would a country restrict trade when it is argued that free trade benefits all nations that engage in such activity and in the process maximizes world welfare?
http://www.homeworktab.com/GBM-381/GBM-381-Week-3-DQ-1
GBM 381 Week 3 DQ 2: There has been much discussion on the press lately about the barriers to trade between the US and Cuba. What was the primary purpose and motivation behind these barriers? Have they been effective in their intended goal?
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GBM 381 Week 3 Learning Team Foreign Exchange Market Paper: Write a 1,050- to 1,750-word paper analyzing the role of the foreign exchange market in facilitating the global trading positions of the two countries that you selected in Learning Team Meeting One. Discuss the relative strength or weakness of the importing countryâ€™s currency relative to that of the exporting country.
http://www.homeworktab.com/GBM-381/GBM-381-Week-3-Learning-Team-Foreign-Exchange-Market-Paper
GBM 381 Week 3 Quiz: 1. If a US firm exports $7,000 of goods which are to be paid for within six months, using a double-entry bookkeeping system, what entries should be made in the US balance of payments?

Goods export - credit of $7,000; Capital outflow - debit of $7,000
Accounts Receivable - debit of $7,000; Inventory - credit of $7,000
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GBM 381 Week 4 Assignments From the Text: Resource: Introduction to International Economics

Prepare answers to the following assignments from Introduction to International Economics

Chapter 16: Review Problems, 1 & 6
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GBM 381 Week 4 DQ 1: What are the major economic problems facing the world today?
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GBM 381 Week 4 DQ 2: What is the Bretton Woods System?
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GBM 381 Week 4 DQ 3: What is the mission of the WTO? How does the WTO function as a facilitator to global trade? What would happen in the global economy if the WTO did not exist?
http://www.homeworktab.com/GBM-381/GBM-381-Week-4-DQ-3
GBM 381 Week 4 DQ 4: What are the main UN entities that are involved in international trade? How do these entities function in promoting international trade? What are the opposing views of the UN to serve the needs of developing countries?
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GBM 381 Week 4 Learning Team Trade Barriers Paper: Write a 1,050- to 1,750-word paper examining potential trade barriers and how they affect market access to your target market, which you identified in Learning Team Meeting One. Then, identify the specific barriers to the natural resources and/or products by the target market and recommend how they may be overcome. Finally, analyze the role of economic integration in overcoming trade barriers.
http://www.homeworktab.com/GBM-381/GBM-381-Week-4-Learning-Team-Trade-Barriers-Paper
GBM 381 Week 4 Quiz: 1. The World Trade Organization was established by the ___________________ of multilateral trade negotiations.
1. Kennedy Round
2. Tokyo Round
3. Uruguay Round
4. Doha Round
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GBM 381 Week 5 DQ 1: What are the differences between foreign aid and foreign assistance? What are some institutions that are involved in the dispensation of these services? How do you evaluate the effectiveness of these service organizations?
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GBM 381 Week 5 DQ 2: How would you define economic development? How can the stages of economic development serve as entry points for multinational firms? How can international trade act as an engine of growth for developing countries?
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GBM 381 Week 5 Individual Global Organization Analysis: Resource: WTO website

Write a 1,050- to 1,750-word analysis of the WTO. In your analysis, include the following:

⬢ Explain its role in promoting international trade.
http://www.homeworktab.com/GBM-381/GBM-381-Week-5-Individual-Global-Organization-Analysis
GBM 381 Week 5 Learning Team International Financial Organizations Paper and Presentation: Resources: Previous Learning Team assignments

Write a 2,000- to 2,500-word paper. First, summarize your findings from your previous Learning Team assignments. The summary of your previous Learning Team Assignments should only comprise the first 700 to 1,050 words of your paper.
http://www.homeworktab.com/GBM-381/GBM-381-Week-5-Learning-Team-International-Financial-Organizations-Paper-and-Presentation
GBM 381 Week 5 Quiz: Name 3 measure of economic development and briefly describe how they are used to measure developement.
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