Critical Thinking: Trade Policies for the Developing Nations (100 Points)
In a critical essay, select a developing country of your choice (other than Saudi Arabia) and discuss its main trade characteristics and trade problems. What trade reforms should the government implement? What would be the role of the IMF and the World Bank in these reforms? What policies should the government pursue to achieve strong economic growth?
Your essay is required to be four to five pages in length, which does not include the title page and reference pages, which are never a part of the content minimum requirements.
Support your submission with course material concepts, principles, and theories from the textbook and at least three scholarly, peer-reviewed journal articles. Use the Saudi Digital Library to find your resources.
Use Saudi Electronic University academic writing standards and follow APA style guidelines.
It is strongly encouraged that you submit all assignments into Turnitin prior to submitting them to your instructor for grading. If you are unsure how to submit an assignment into the Originality Check tool, review the Turnitin—Student Guide for step-by-step instructions.
Review the grading rubric to see how you will be graded for this assignment.
PRIORITISE TOP TUTOR
E–x-a-m Time: 22th October, 11.59pm (Sydney time)
Duration: 2 hrsQuestion structure:
The examination will consist of a question The questions will be comparable to those covered in class; therefore, the best form of revision will be to work through lecture and tutorial questions, exercises and problems.
Topic covered: Similar to that screenshot attached
Need to Get Around XX % Or above
3 on page 5 of Chapter 1 and Figure 2.1 on page 43 of Chapter 2. I will provide the details one assigned.
Could you give me some ideas (that are worth writing a 2-page essay for each figure) on the backgrounds and the implications for these two figures (figure 1.3 and figure 2.1)?
Also, I want to clarify this. If real yields for US bonds decrease, does it reflect concerns about economic growth prospects? I thought the worse the economic prospects are, people would demand fewer bonds, hence the price of bonds decreases and this leads to an increase in yield for bonds (since the price and yield of bonds moves in the opposite direction). If my understanding has a problem, could you clarify it? Thank you
A good example is the conflict over segregation which exploded, sometimes violently, in the U.S. in the 1950s and 60s. Please go to the Public Library web site and read the first 3 chapters of the book Warriors Don’t Cry (Links to an external site.) by Melba Pattillo. (You do not have to borrow the book, just click on the READ A SAMPLE button.) Then post your reflections on the following questions: According to the Common Good standard, was it rational to want to perpetuate segregation? Was it rational to try to end segregation? Are opinions about whether segregation was morally justified or unjustified relevant to answering the previous questions?
Note: I insist that you read the book excerpt linked above before answering the questions. It is very interesting, pretty short, and well worth your time. I want to see your answers reflecting this by much more that just prefacing it with “After reading the book excerpt, I think that…”
A more recent example is the January 6th, 2021 coup attempt where organized far-right groups stormed the Capitol to try to overthrow the presidential election results and force Trump’s reappointment as President. In the aftermath, the media have frequently called “rioters” those who stormed the Capitol. In a riot, a mob violently lashes out in anger or in despair at anything nearby with no clear plan or objective. Do you think it is accurate to say that in a riot people behave irrationally? Is this what was going on at the Capitol, an explosion of irrational behavior? Did the far-right groups who invaded the Capitol appear to have had a coherent program for enhancing the common good, e.g., installing Trump as President? If this attempted coup had succeeded, it would have ended the nearly two and a half century-long American experiment in democracy. Does this make their behavior irrational? Do you think the common good would have been enhanced or set back if they had succeeded? Explain as clearly as you can the difference between a riot, an insurrection and a coup. Is the corporate media correct in labelling those who stormed the Capitol “rioters”?
Note well: this is to be an exercise in critical thinking. Merely repeating talking points you saw on social media or heard from talk show pundits will be considered worthless.
Consider the impact of FED’s policy tools in this discussion activity.
In this discussion, you will reflect on the Federal Reserve and actions taken by the Federal Reserve how they impact your life.
What is the Federal Reserve and what does it do?
Briefly explain two monetary policy tools that the Federal Reserve still uses to stimulate the economy after the Great Recession ( Housing crises of 2008-2009).
How do the decisions taken by the Federal Reserve affect businesses? Detail one example.
Reflect on how the decisions taken by the Federal Reserve affect your life. Detail one example.
Respond to two peers that have selected a different business and real life example than yours and address the following:
Did your peer correctly identify the impact of Fed’s decision on the business? Explain why or why not?
Did you peer correctly identify the impact of Fed’s decision on his/her life? Explain why or why not?
Make your initial post by Thursday 11:00 pm of this week and comment on at least two of your classmates’ posts by Sunday 11:00 pm.
Post your response to the discussion and then read your classmates’ posts. Post a response to at least two of your classmates’ posts. The initial post should be no less than 150 words and no more than 300 words. Your reply post should be no less than 75 words.
Discussions need to be professional. Please make proper use of capitalization and punctuation and make sure that there are no misspellings, incomplete sentences, or other grammatical errors.
The basic criterion for a discussion post to be considered effective is that your message is original and intelligible. You must communicate concisely and clearly.
All discussions together make up 22.5% of the total course score. This discussion is worth 25 points.
Illustrates the market for chocolate bars has the following demand and supply
schedules: [1.5 Marks]
Graph the demand and supply curves. What is the equilibrium price and quantity in this market?
If the actual price in this market were above the equilibrium price, what would
drive the market toward the equilibrium?
If the actual price in this market were below the equilibrium price, what would
drive the market toward the equilibrium?
Q2. Illustrates the market for pizza is characterized by a downward-sloping demand curve
and an upward-sloping supply curve. [1.5 Marks]
Kingdom of Saudi Arabia
Ministry of Education
Saudi Electronic University
المملكة العربية السعودية
الجامعة السعودية الإلكترونية
College of Administrative and Financial Sciences
Draw the competitive market equilibrium. Label the price, quantity, consumer
surplus, and producer surplus. Is there any deadweight loss? Explain.
Suppose that the government forces each pizzeria to pay a $1 tax on each pizza sold. Illustrate the effect of this tax on the pizza market, being sure to label the consumer surplus, producer surplus, government revenue, and deadweight loss. How does each area compare to the pre-tax case?
If the tax were removed, pizza eaters and sellers would be better off, but the
government would lose tax revenue. Suppose that consumers and producers voluntarily transferred some of their gains to the government. Could all parties (including the government) be better off than they were with a tax? Explain using the labeled areas in your graph
Q3. Suppose that a market is described by the following supply and demand equations:
QS = 2P
QD = 300 – P
Solve for the equilibrium price and the equilibrium quantity.
Suppose that a tax of T is placed on buyers, so the new demand equation is
QD = 300 – (P T).
Solve for the new equilibrium. What happens to the price received by sellers, the price paid by buyers, and the quantity sold?
Tax revenue is T X Q. Use your answer to part (b) to solve for tax revenue as a function of T. Graph this relationship for T between 0 and 300.
The deadweight loss of a tax is the area of the triangle between the supply and
demand curves. Recalling that the area of a triangle is 1 ⁄2 x base x height, solve for deadweight loss as a function of T. Graph this relationship for T between 0 and 300. (Hint: Looking sideways, the base of the deadweight loss triangle is T, and the height is the difference between the quantity sold with the tax and the quantity sold without the tax.)
The government now levies a tax on this good of $200 per unit. Is this a good
policy? Why or why not? Can you propose a better policy?
Prior to beginning work on this discussion, read Chapter 16, especially examining Section 16.5, and respond to the following components:
Describe a multinational corporation and foreign direct investment (FDI).
Identify some benefits and costs for the host country from allowing a multinational corporation to locate there, despite its developing economy.
Evaluate whether developmental assistance from world developmental agencies, such as the World Bank or the United Nations, would be preferable to private investment.
What would you decide between developmental agency assistance or private investment, such as FDI from multinational corporations? Why? Explain.
Your initial post should be a minimum of 300 words.
Prior to beginning work on this discussion, read Chapter 15 from the course text, especially examining Section 15.2, and respond to the following components:
What are the different effects between aggregate demand-based growth and aggregate supply-based growth?
What may shift aggregate supply to the right? Thoroughly explain its process.
As a policy maker, would you prefer the strategies of aggregate supply-based economic growth or aggregate demand-based growth? Why or why not?
As a proponent of either aggregate supply-based growth strategies or aggregate demand-based growth strategies, what would you recommend for the current U.S. economy to achieve stable economic growth?
Your initial post should be a minimum of 300 words.
For this assignment, you will refer to the Reserve Bank of Australia’s October Monetary
Policy Decision media release, available at the below link:
The minutes of that meeting may also be of use:
For this assignment, you are asked to provide your own analysis of RBA’s October
Monetary Policy decision.
This must be in your own words, and reflect you own understanding and application of
As part of this analysis, ensure that you include and focus on the following:
• The reasons for the RBA’s decision, including reference to various economic
variables and what they indicate about the state of the economy and what
policies might be appropriate.
• What the policy position, particularly the main position around the cash rate
target, means in terms of the RBA’s implementation, and how that is
transmitted to impact economic activity.
Make sure to use key terminology and course concepts where appropriate.
The format of your response should be an essay-style response.
You do not need to spend as much attention on formal essay structure as you might
for a persuasive or research-based essay. Instead you should focus on communicating
your ideas in a clear and concise manner and making sure there is a logical flow of
ideas and explanation.
800 words (excluding diagrams and references)
PLEASE FIND ONE ARTICLE FROM WITHIN THE LAST 3 YEARS THAT YOU PROVIDE THE LINK FOR; WRITE THREE FULL PARAGRAPHS WITH A MINIMUM OF 6 SENTENCES EACH ALIGNING ANY OF THE FOLLOWING CONCEPTS TO THE ARTICLE. YOU DO NOT NEED TO FIND THE EXACT TERMS IN THE ARTICLE, YOU NEED TO ALIGN THEM AS YOU SEE THE CONNECTIONS. THE CONCEPTS ARE:
A.) THE MONOPOLISTIC COMPETITION MARKET MODEL
C.)PRODUCTIVE AND ALLOCATIVE EFFICIENCY
D.) NONPRICE COMPETITION