This website uses cookies to ensure you have the best experience. Learn more

Module 9 Assignment

597 words - 3 pages

Module 9 Assignment
1. What are some of the reasons for trade barriers? Which type of trade barrier is most effective?

There are a few reasons to have trade barriers. If a person is a productive member of society, and they have a job in such occupations as the manufacturing industry, they need protection. From what? From foreign competitors. This seems strange and if it were on the local level, somewhat similar to a monopoly. However foreign competitors cannot monopolize the market. This would hurt the locals. So they increase the tariffs so that they can not out compete with the locals.
They also nurture infant industries. Sometimes a new form of company is in its developing stages and eventually they become a competitor. Companies eventually become efficient and the barriers can be lifted, but ...view middle of the document...

Are you willing to put up with trade barriers (which means you pay more for products) to try to re-grow our production capability in the US?
No. I will buy what I want and if it is not the price that I want, I can go without. This is what will happen with me, and many other people. If prices are not low enough, I will not be a consumer. Bring the prices at a more seemingly affordable level, then I might reconsider the option.

Most of the world has floating exchange rates, which means the rate is determined constantly based on the demand and supply for one currency vs. another. The countries of the European Union have chosen to share a common and therefore fixed currency among the members. China pegs their currency to the dollar so it floats against other currencies as the dollar does, but is fixed with respect to the dollar.
3. Why can’t the world agree on a common rule? Should we try to force China to let their currency float?
Whether the issue is fixed or floating, both systems work well individually. If one wants a flexible exchange rate system, then they system of supply and demand kick in. If demand is high for currency, then the price is high. In a fixed exchange rate system the system is pegged against the US dollar.
And who is to say which rule is the best. If one lives in the US, they would say their system is best. What if a person lived in china? Then their rule would be best.

4. Some economists think the world will someday have just three currencies, the Euro, the Dollar, and the Yen. Why not just one? Let’s call it the Metro. What problems would that solve and what problems would that create?
Why should the world set on one common rule. If people want to conform to just one specific currency, and this form of currency fails, then what? This would solve a short term issue of currency exchange since it would not exist. However if the currency fails, then this would be a whole new set of issues.

Other Essays Like Module 9 Assignment

Cows Danxing Essay

611 words - 3 pages Week 9 * User-centered approaches to interaction design * Why is it important to involve users at all? * What is a user-centered approach? * Understanding users' work: applying ethnography in design * Involving users in design: Participatory Design * Design and evaluation in the real world: communicators and advisory systems. Module 5: GUI design and programming Week 10 & 11 * Practicals

Design a Program Essay

532 words - 3 pages In this homework, you will design a program to perform the following task: Calculate the usable area in square feet of house. Assume that the house has a maximum of four rooms, and that each room is rectangular. Before attempting this exercise, be sure you have completed all of chapter 2 and course module readings, participated in the weekly conferences, and thoroughly understand the examples throughout the chapter. There

Introduction to Management

4842 words - 20 pages on ‘Submit assignment’ button to change the submission status. Elearn_SM_15122014_V3.0 39 Assignment Final Part 2 (cont.) 9. Please note that upon confirmation you will not be able to make any more changes to your submitted assignment. Click on ‘Continue’ button to confirm your submission. 10. Upon completing the all the previous steps, your submission status should be changed as ‘Submitted for gradingâ

Intro to Programming

790 words - 4 pages when writing a program. 9. What is an interpreter? An interpreter is a program that both translates and executes the instructions in a high level language program 10. What is a logic error? A logic error is a mistake that does not prevent the program from running, but causes it to produce incorrect results. 11. What is an algorithm? An algorithm is a set of well defined logical steps that must be taken to perform a task. 12. What is

Managment information systems

2621 words - 11 pages , the data used by a module is stored in a central database to be subsequently manipulated by other modules. Page 3 Assignment 1 – Set up an ERP System 23 de Março de 2012 Picture 1– Representation of the typical ERP system. Manufacturing A typical manufacturing department of an ERP system includes all aspects of the manufacturing process. These modules can include the management of materials, structures management, control

Bajaj Research

1582 words - 7 pages to establish market equilibrium • − Use pricing strategies to enable organizational coherence • − Use macroeconomic principles to address market failures |MODULE |Session no. |Topic |Reference |Cases/ Assignment/ Group | | | | | |Discussion/ Activity

Ndas Case Study

996 words - 4 pages DCOMP 114 ● DATABASE SYSTEMS Group Assignment 10% Module Details Course Location : Gaborone, Botswana Department : Faculty of Information and Communication Technology Program Name : Associate Degree in Business Information Systems Associate Degree in Software Engineering B Sc (Hons) in Information Technology B Sc (Hons) in Software Engineering with Multimedia Semester : 2 Commence Date : Week 2 Deadline Date : Week 5

C++ Programming

1168 words - 5 pages C++ Programming NOTES ON C++ PROGRAMMING Module 1: Pointers and Memory Management NOTES ON C++ PROGRAMMING Module 1: Pointers and Memory Management TABLE OF CONTENTS TABLE OF CONTENTS 1 OVERVIEW 4 BASIC MEMORY MANAGEMENT 5 GROUP ASSIGNMENT 6 INITIALIZATION 8 CONSTANTS 9 INCREMENT AND DECREMENT OPERATORS 10 ELSE-IF 13 SWITCH 14 LOOPS 15 EXAMPLES OF LOOPS 16 BREAK, CONTINUE 18 RETURN 19 FUNCTION

Management Accounting Fundamentals

2681 words - 11 pages Page 7 of 11 Module 7. Standard costs for materials, labour, and variable overhead 7.1 Standard costs — Management by exception  9% to 12% Explain the term management by exception and how it relates to standard costs. Explain how direct materials standards direct labour standards and variable overhead standards are set. Compute the following variances and explain their significance: direct material price and quantity variance, direct

Accounting

1626 words - 7 pages |Module 3 Assignment: |Name: |/78 | |Using the Internet

Twitter Can Help with Work

979 words - 4 pages Planning for Change: Management Module 2- SLP Ernesto F. Curiel ITM501: Mgt. Info. Syst. And Bus. Strategy Professor Brian Holbert March 12, 2012 “People behind the projects are the fundamental drivers of success. They must possess a wide range of skills in order to be effective project managers” (Wu, 2005). This statement says a lot about what I believe for project managers. I have been handling projects since I was in high

Related Papers

My Farts An Invocation Essay

5050 words - 21 pages : Introduction and module learning outcomes Reading list and other resources for the module Ethical Statement Module assignments (including specific assessment criteria for Assignment One) Documents relating to Assignment One Assignment cover sheet Learning contract for those already holding PTLLS Writing frames for Section 1 and Section 3 Tutor feedback sheet Planning pro-forma Documents relating to Assignment Two Assignment cover

Problem Solving Essay

543 words - 3 pages * width. Example A = L * W A = 15 * 4 A = 60 If the four rooms of the house is a different measurement then we must calculate the area of each room. Once that is calculated, add all the areas of each room together to get the total area of house. Total area of the house = AreaRoom1 + AreaRoom2 + AreaRoom3 + AreaRoom4 B. Program Design – Following the directions in the assignment, clearly write up your problem design in this section

Structure Of Management Information Essay

1886 words - 8 pages Computer Network & Management Assignment Title:                    Structure of Management Information (SMI) Structure of Management Information (SMI): In the context of network management, for the Structure of Management Information (SMI): a)     Name its three hierarchical layers. The Structure of

Course Work Essay

1595 words - 7 pages Faculty of Business Trimester 2, 2014 Coursework Assignment Higher Diploma in Business Management Module : A244BUS Introduction to International Business Assignment Title : Individual Written Assignment IKEA – The Global Retailer Date & Time of Submission : Individual Written Assignment Friday, August 29 2014 (Week 9) at 2200 Individual Presentation Week 9 / Week