[SOLVED] Learning Outcomes: Identify major components of international business management (CLO 1.1) Discuss the reasons for and methods of governments intervention in trade (CLO 1.4) Understand processes of exporting and importing (Lo:7)
May 17th, 2022
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[SOLVED] Learning Outcomes: Identify major components of international business management (CLO 1.1) Discuss the reasons for and methods of governments intervention in trade (CLO 1.4) Understand processes of exporting and importing (Lo:7)
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Instructions PLEASE READ THEM CAREFULLY
- The Assignment must be submitted on Blackboard (WORD format only) via allocated folder.
- Assignments submitted through email will not be accepted.
- Students are advised to make their work clear and well presented, marks may be reduced for poor presentation. This includes filling your information on the cover page.
- Students must mention question number clearly in their answer.
- Late submission will NOT be accepted.
- Avoid plagiarism, the work should be in your own words, copying from students or other resources without proper referencing will result in ZERO marks. No exceptions.
- All answered must be typed using Times New Roman (size 12, double-spaced) font. No pictures containing text will be accepted and will be considered plagiarism).
- Submissions without this cover page will NOT be accepted.
Assignment Regulation:
- All students are encouraged to use their own word.
- Assignment -2 should be submitted on or before the end of Week-11 in Black Board only.
- This assignment is an individual assignment.
- Citing of references is also necessary.
Assignment Structure:
A.No |
Type |
Marks |
Assignment-2 |
Critical Thinking |
5 |
Total |
|
5 |
Learning Outcomes:
- Identify major components of international business management (CLO 1.1)
- Discuss the reasons for and methods of governments intervention in trade (CLO 1.4)
- Understand processes of exporting and importing (Lo:7)
Critical Thinking
Read the Management Focus on, NAFTAs Tomato Wars, available in your e-book (page no. 620), and answer the following questions:
Assignment Question(s):(Marks: 5)
- Was the establishment of a minimum floor price for tomatoes consistent with the free trade principles enshrined in the NAFTA agreement?
- Who benefits from the importation of tomatoes grown in Mexico? Who suffers? Give arguments in support of your answer.
- Do you think that Mexican producers were dumping tomatoes in the United States? Give reasons.
- What do you think will be the impact of the new higher floor price? Who benefits from the higher floor price? Who suffers? Give logics.
- What do you think is the optimal government policy response here? Explain your answer.