Econ847 Assignemnt

In: People

Submitted By gracegrace827
Words 404
Pages 2
False. Industrial policy should develop the industry of the country with exist comparative advantages. If there are no comparative advantages in the industry, it could be describe as an inefficient industries and the industrial policy is useless. However, it can't be judge what industry is inefficient before successfully develop in the market. Industrial policy protects all the specific or general industries the country wants to develop.

GDP=C+I+G+(X-M). Export and import relate to the trade pattern. The growth of GDP due to increasing of X and rising price, it can enlarge the consumption and increase the M. But the trade pattern is different as increase in GDP per capita. It means people have money to consume better quality product that leads to increasing in foreign M. Or the quality of domestic product increase that leads to lower X.

True. As the world price increase in importing country, consumer would likely to pay more on domestic product that leads to falling in import. The relevant current account balance is the value of good and services export minus import. Assume the export unchanged, as the result of decreasing import, the current account balance will improve.

The high-income countries shouldn’t erect or maintain trade barriers. It could be reflect in reasons: i) as the import from low-wage country being against, one of the revenue from tax added on import product to the government will cut down. ii) the unemployment amount go up, the import-related industry such as port can’t have sufficient labor. It can result in the increase of cost. iii) under the trade barriers, the competitive will getting lower that leads to decrease in export. iv) with the lower import, the trading partner’s income decrease followed by decline in import. However, the consumers and tax payers are losers.

Under the globalization, the increasing world trade leads to the…...

Similar Documents

Individual Assignemnt

...Service Request SR-kf-013 Ever wonder why certain banners or advertisements seem to contain information you are or were interested in? Online consumer behavior is being tracked all over the world-wide-web via cookies, Flash cookies, and “Web beacons” such as Omniture. Ad networks utilize information collected via various Javascripts and/or cookies to dynamically create content for users. One such Ad network called BlueKai actually allows its users to see a visual representation of the data being collected and shared about them. The amount and variety of data contained in user cookies alone is simply staggering! Many consumers today are beginning to wonder whether or not their privacy is at risk. With that in mind, proposing a system that tracks online shopping behavior introduces quite a few risks. Legal Concerns Where PII (Personally Identifiable Information) is concerned, so is the law. When handling behavioral data of any kind, it must be stored securely. If any PII is collected, certain disclaimers, agreements, opt-out opportunities, etc. must be in place in order to refrain from attracting legal attention. Cookies must be handled delicately as well, especially if they utilized to track users on our shopping platform. When a user deletes his or her cookies, that user should become a new user on our network. Holding onto a user’s cookies against his or her wishes can be pursued in a court of law, where we will certainly lose. To give a good example, one of the...

Words: 312 - Pages: 2

Auditing Assignemnt

...Fordham University Graduate School of Business ACGB 7171 Auditing of Accounting Systems I—Fall 2013 Course Objectives: The objective of this course is to introduce students to the auditor’s decision-making process in both an audit of financial statements and an audit of internal controls over financial reporting. The class consists of lecture, individual case studies and in class exercises. Students are given an introduction to the following topics: • Generally Accepted Auditing Standards (GAAS) • The AICPA Code of Professional Conduct and its related rules and interpretations • An auditors’ legal responsibilities • Auditors professional judgment • The evaluation and testing of internal controls • The effect of IT on the audit process • The development of an audit program • PCAOB standards • The auditor's reports Book: Auditing and Assurance Services by Arens, Elder and Beasley 14ed Publisher Pearson/PrenHall ISBN 978013257595 |2013 |Topic |Assignment/Chapter to read | |Thursday September 5th |Introduction to the CPA Profession and the Auditing |Chapters 1 and 2 | | |Environment | | | | ...

Words: 473 - Pages: 2

Red Bull Assignemnt

...IntroductionThe Red Bull energy drink was launched in Austrlia in 1987 by Dietrich Mateschitz. Dietrich Mateschitz grew up in a small village in Styria, Austria. After graduating with a degree in world trade he decided to become a “really good marketing man.” Dietrich Mateschitz met up with Chaleo Yoovidhya at the beginning of 1980s and they decided to start an energy drinks together. Realizing that energy drinks product could have good potential in Western markets, Mateschitz obtained the license to manufacture a carbonated version of Krating Daeng from its Thai owners. Obtaining permission to sell Red Bull in Europe was not easy, as it contained several ingredients whose effects on the human body were untested. However, permissions were eventually obtained, and Red Bull became exceptionally successful in all the markets in which it was launched.It was generally acknowledged that Red Bull's success was the product of the company's innovative marketing efforts. This case study discusses the key strategic challenges that the company faces internationally in the functional drink sector using 12C framework. This case also discuss for either changing or retaining Red Bull current product mix and identify and evaluate the company’s mode of market entry in its non-domestic markets. Finally this case will evaluate the company’s approaches to promotion and distribution and assess to what extent these approaches represent sources of sustainable competitive advantages.II. The key......

Words: 306 - Pages: 2

Hello Assignemnt

...Hello, Thank you very much for considering my application. It is with great enthusiasm I wish to intern at GPPi. As a reporter for Reuters News covering Wall Street, I analyze financial data, talk to Wall Street analysts and investors to write stories every day. My time here has also ensured that I work well under pressure and manage time efficiently, thanks to working against deadlines to get stories published. During this time, I have seen companies constantly working out inventive ways to arrive at solutions and drive results. The government, on the other hand, has not tried an innovative approach in tackling issues of development. It is in fact the many NGOs and philanthropists we count on to fix the problems of healthcare and education.  As someone who is interested in pursuing a career in policy making related to poverty alleviation, I am particularly drawn to the ‘innovation in development’ focus area to understand what combination of financial aid, government intervention, business innovation is required to solve the biggest issues in human development. For these reasons, I would like to be considered for an interview opportunity. I look forward to hearing from you. Thank you for your time, expect less and less from the government. Today there’s cynicism in what the government can do for its people. This was evident in a research project I undertook with others where I studied the political awareness and voting behavior of University students. In my......

Words: 331 - Pages: 2

Cmgt 400 Complete Course Material

...organizations, or if it is limited to only those in the health care field. Week 3 DQ 2 How can a company protect data on corporate laptops according to the Storn (2008) article? Why do more organizations not use this kind of protection? Do you expect this to become a legal requirement in the future? Explain why or why not. CMGT 400 Week 3 Assignemnt-Kudler Fine Foods IT Security Report & Presentation-Security Considerations CMGT 400 Week 3 Ind Assignment-Disaster Securing and Protecting Information (1400+ Words) Week 4 Week 4 DQ 1 What are the top three areas that an organization should work on to respond to the issues raised in the de Villiers (2010) article? Why are these areas critical to the organization? Is the author’s assessment correct? Explain why or why not. Choose a specific organization to illustrate your argument. Week 4 DQ 2 What is the value and effect of a good business impact analysis (BIA)? How can using this help an organization develop an effective information security policy? CMGT 400 Week 4 Assignment-Kudler Fine Foods IT Security Report-Security Policy and Training (1100 Words) CMGT 400 Week 4 Ind Assignemnt-The Role of Information Security Policy. Week 5 Week 4 DQ 1 What is the role of an internal IT audit group in an organization? Why is having such a group important for an organization and why should it report outside the normal IT reporting channels? Week 4DQ 2 What are at least three questions that you would ask to perform basic......

Words: 11933 - Pages: 48

Cmgt 400 (Intro to Info Assurance & Security) Complete Course

...organizations, or if it is limited to only those in the health care field. Week 3 DQ 2 How can a company protect data on corporate laptops according to the Storn (2008) article? Why do more organizations not use this kind of protection? Do you expect this to become a legal requirement in the future? Explain why or why not. CMGT 400 Week 3 Assignemnt-Kudler Fine Foods IT Security Report & Presentation-Security Considerations CMGT 400 Week 3 Ind Assignment-Disaster Securing and Protecting Information (1400+ Words) Week 4 Week 4 DQ 1 What are the top three areas that an organization should work on to respond to the issues raised in the de Villiers (2010) article? Why are these areas critical to the organization? Is the author’s assessment correct? Explain why or why not. Choose a specific organization to illustrate your argument. Week 4 DQ 2 What is the value and effect of a good business impact analysis (BIA)? How can using this help an organization develop an effective information security policy? CMGT 400 Week 4 Assignment-Kudler Fine Foods IT Security Report-Security Policy and Training (1100 Words) CMGT 400 Week 4 Ind Assignemnt-The Role of Information Security Policy. Week 5 Week 4 DQ 1 What is the role of an internal IT audit group in an organization? Why is having such a group important for an organization and why should it report outside the normal IT reporting channels? Week 4DQ 2 What are at least three questions that you would ask to perform basic......

Words: 3835 - Pages: 16

Main Assignemnt

...Task 1- Sky’s the Limit’s future |Changes in Business Environment |Organizational Responses |Management Responses | |Increase in global competition is changing |Sky’s the limit should have a flatter |Sky’s the limit should follow activity-based | |the business environment as trade barriers |organizational structure in order to adjust |costing system because it will result in more| |fall and manufacturing cost of balloons will |as per changing business environment. For |accurate product cost, labor cost etc. This | |decrease due to increase in product demand, |e.g. Sky’s the limit needs to establish |will also result in one rate for cost | |hence attracting new competitors entering New|separate departments for manufacturing |allocation for each manufacturing overhead | |Zealand market. |customized and standard balloons. Also in |activity. | | |order to maintain high quality of balloons, a| | | |separate quality control unit should be | | | |established within the factory. | | |Deregulation of service sectors such as ......

Words: 3466 - Pages: 14

Cmgt 400 Intro to Info Assurance & Security Complete Class

...organizations, or if it is limited to only those in the health care field. Week 3 DQ 2 How can a company protect data on corporate laptops according to the Storn (2008) article? Why do more organizations not use this kind of protection? Do you expect this to become a legal requirement in the future? Explain why or why not. CMGT 400 Week 3 Assignemnt-Kudler Fine Foods IT Security Report & Presentation-Security Considerations CMGT 400 Week 3 Ind Assignment-Disaster Securing and Protecting Information (1400+ Words) Week 4 Week 4 DQ 1 What are the top three areas that an organization should work on to respond to the issues raised in the de Villiers (2010) article? Why are these areas critical to the organization? Is the author’s assessment correct? Explain why or why not. Choose a specific organization to illustrate your argument. Week 4 DQ 2 What is the value and effect of a good business impact analysis (BIA)? How can using this help an organization develop an effective information security policy? CMGT 400 Week 4 Assignment-Kudler Fine Foods IT Security Report-Security Policy and Training (1100 Words) CMGT 400 Week 4 Ind Assignemnt-The Role of Information Security Policy. Week 5 Week 4 DQ 1 What is the role of an internal IT audit group in an organization? Why is having such a group important for an organization and why should it report outside the normal IT reporting channels? Week 4DQ 2 What are at least three questions that you would ask to perform basic......

Words: 6997 - Pages: 28

Cmgt 400 Intro to Info Assurance & Security Entire Course

...organizations, or if it is limited to only those in the health care field. Week 3 DQ 2 How can a company protect data on corporate laptops according to the Storn (2008) article? Why do more organizations not use this kind of protection? Do you expect this to become a legal requirement in the future? Explain why or why not. CMGT 400 Week 3 Assignemnt-Kudler Fine Foods IT Security Report & Presentation-Security Considerations CMGT 400 Week 3 Ind Assignment-Disaster Securing and Protecting Information (1400+ Words) Week 4 Week 4 DQ 1 What are the top three areas that an organization should work on to respond to the issues raised in the de Villiers (2010) article? Why are these areas critical to the organization? Is the author’s assessment correct? Explain why or why not. Choose a specific organization to illustrate your argument. Week 4 DQ 2 What is the value and effect of a good business impact analysis (BIA)? How can using this help an organization develop an effective information security policy? CMGT 400 Week 4 Assignment-Kudler Fine Foods IT Security Report-Security Policy and Training (1100 Words) CMGT 400 Week 4 Ind Assignemnt-The Role of Information Security Policy. Week 5 Week 4 DQ 1 What is the role of an internal IT audit group in an organization? Why is having such a group important for an organization and why should it report outside the normal IT reporting channels? Week 4DQ 2 What are at least three questions that you would ask to perform basic......

Words: 2829 - Pages: 12

Web Assignemnt 1

...Web assignment 1 1. This flattener has been raised to an art form by firms like Wal-Mart that electronically track sales and quickly replenish inventory on store shelves. a. Outsourcing b. Insourcing c. Informing d. Supply chaining 2. This flattener, by enabling people to mine tons of electronic data, has greatly facilitated cross border collaboration. a. Outsourcing b. Insourcing c. Informing d. Supply chaining 3. Friedman argues that 8/9/95 is a significant date in the history of globalization. Why? a. Netscape went public, ushering in the Internet boom, which led to massive investment in fiber optics and other high tech infrastructure b. Bill Gates and Microsoft introduced Windows 95, which revolutionized the way in which companies manage information c. NAFTA was ratified by the governments of the U.S., Mexico and Canada, forming the world's largest free trade area d. Bill Clinton signed a free trade accord with China, the last major bastion of Communism in the world 4. Friedman mentions many companies that are using information technology to better serve their customers and enhance their position in the marketplace. Which of the following is a company he does NOT discuss? a. Southwest Airlines b. McDonald's c. Jet Blue d. Apple Computer 5. The owner of an American manufacturing company closes his factory in Canton, Ohio and opens a new one in Canton, China. According to Friedman, this is an example of: a.......

Words: 633 - Pages: 3

Cmgt 400 (Intro to Info Assurance & Security) Complete Course

...organizations, or if it is limited to only those in the health care field. Week 3 DQ 2 How can a company protect data on corporate laptops according to the Storn (2008) article? Why do more organizations not use this kind of protection? Do you expect this to become a legal requirement in the future? Explain why or why not. CMGT 400 Week 3 Assignemnt-Kudler Fine Foods IT Security Report & Presentation-Security Considerations CMGT 400 Week 3 Ind Assignment-Disaster Securing and Protecting Information (1400+ Words) Week 4 Week 4 DQ 1 What are the top three areas that an organization should work on to respond to the issues raised in the de Villiers (2010) article? Why are these areas critical to the organization? Is the author’s assessment correct? Explain why or why not. Choose a specific organization to illustrate your argument. Week 4 DQ 2 What is the value and effect of a good business impact analysis (BIA)? How can using this help an organization develop an effective information security policy? CMGT 400 Week 4 Assignment-Kudler Fine Foods IT Security Report-Security Policy and Training (1100 Words) CMGT 400 Week 4 Ind Assignemnt-The Role of Information Security Policy. Week 5 Week 4 DQ 1 What is the role of an internal IT audit group in an organization? Why is having such a group important for an organization and why should it report outside the normal IT reporting channels? Week 4DQ 2 What are at least three questions that you would ask to perform basic......

Words: 11899 - Pages: 48

Assignemnt

...Strengths: Toyota’s strengths lie in the fact that their assembly line is time efficient and the use of in time inventory control. Toyota does not have unwanted costs, like for example GM’s “legacy cost” which otherwise would decrease its profits and future investments. Toyota also achieves economies of scale which plays a big role in large industries especially when the average cost increases with the increase of production. Just in time production and the concept of building quality directly into the process are Toyota’s major strengths. Toyota’s production lines include the use of highly innovative technology which finds any faults and fixes them before the actual production begins. This allows them to enhance their product quality and efficiency. Weaknesses: Unlike the “Big Three” automakers Toyota does not assemble all of its vehicles that are offered to the North American market. This could be a down factor in consumers mind when selecting what vehicles to purchase since it does not contribute as much as to the economy as the other automakers does. Opportunities: In order to achieve future success Toyota should constantly look for upcoming new trends so that it can design products accordingly so it would be able to satisfy the needs of future customers. It should also focus on establishing and increasing its market shares in emerging countries. In established markets such as North America and Japan, its strategy should be emphasizing on products that are......

Words: 480 - Pages: 2

Assignemnt 1

...Assignment Week 1- 9/26/11 Aziza Gary Com/156 Instructor -Carrie O’Connell When I think about the challenges I will face writing a paper a lot of different factors come to mind. Writing a college paper or any type of writing has never been a strong point for me. Here are a few challenges I will face in the next 9 weeks. One serious challenge is procrastination. I recently learned that people will be slow to complete things, they truly don’t enjoy doing. English has never been my favorite subject and my writing skills, to me leaves much to be desired. This negative thinking, which is challenge number two for me does not provide me with a great learning environment. The last challenge for me would be trying to exceed my own expectations. I strive to be the best at everything that I do. As for back as I can remember English and Math have always been very tough for me. If I don’t envision a great paper there won’t be one. Let me present my challenges; procrastination, negative thinking, and over achievement. I know that only one of these items was cover this week in our studies, but this was my honest answer. When I re-read my top paragraph I realized that sometimes I can be my own worst critic. Getting my education is extremely important to me. In order to achieve my goals I must face my fears of writing. By giving myself time to study and research my topic I am sure to find something interesting to write about. I have to stay positive and interacting......

Words: 412 - Pages: 2

Week 2 Assignemnt

...Week Two Homework Assignment 1. State the administrative agency which controls the regulation. Explain why this agency and your proposed regulation interest you (briefly). Will this proposed regulation affect you or the business in which you are working? If so, how? Submit a copy of the proposed regulation along with your responses to these five questions. The proposed regulation can be submitted as either a separate Word document (.doc) or Adobe file (.pdf). This means you will submit two attachments to the Week 2 Drop-box: (1) a Word doc with the questions and your answers and (2) a copy of the proposed regulation you used for this assignment. (10 points) The administrative agency I have chosen is the Federal Motor Carrier Safety Administration (FMCSA) and the proposed regulation is “Qualification of Drivers; Exemption Applications; Vision”. Although the proposed regulation does not affect the business I work for directly, it does however affect all motorists including myself using state highway everyday to commute. I selected this agency because it deals with the safety of commercial motor vehicles (CMV) and truck drivers. Like myself, there are many people out there who are usually afraid when driving passing these commercial motor vehicles and often worry about its safety. The proposed regulation is the most current one for the administration hence the main reason why I selected it, but it also interest me because am very curious as to the safety of commercial motor...

Words: 2338 - Pages: 10

Worldview Assignemnt Apol 104

...Please note that this essay is missing citations. i. The term “worldview” is used to describe what one might refer to as an individual’s personal point-of-view in life. The word worldview is derived from the German word “Weltanschauung” which means “world” and “view”. A Worldview is involved in a human’s emotions, outlook, ethics, themes and values. This view is created and used on a daily basis by all human beings, whether perceived, or not. Worldview is used to interpret, to discern, and to plan. One’s worldview does not only affect the large decisions in life, such as college, or marriage, but also even the smallest choices of daily life, and word-use. ii. 1. As might be expected, a Christian Worldview differs largely from the worldview, or point-of-view, of the secular trends. A Christian Worldview believes that all questions to do with man, the universe, and creation are found and answered through the inspired Word of God. The Question of Origin is answered in Naturalism through Genesis, which states “In the beginning God created the Heavens and the earth”. Naturalists even go further to state that all living creatures, animals and organisms, are created by an ultimate Creator (Genesis 1). This view is in complete contrary to an Evolutionistic belief of humans deriving from animals. 2. The next question to which most people relate is The Question of Identity. The question of what man is, yet again, is answered through the Word of God, as stated in......

Words: 1000 - Pages: 4