final product and recommendation

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This is a continuation of the paper (the final part) of the paper. The first three parts are complete so i need the last part to complete the paper. Will include the rubric for it. i might just need a little adjustment to the first part.

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INT 650 Final Project Guidelines and Rubric Overview The final project for this course is the creation of a country competitiveness audit. Analyzing international market competitiveness is an important skill for global managers and employees. Global organizations are looking for research and analytical skills in aspiring practitioners in international business. This final project will exercise your ability to make recommendations to stakeholders based on real-world data. For your final project in this course, you will utilize theories and resources in conducting a comprehensive country competitiveness audit for a given international market. Your ultimate goal is to determine whether or not entering a specific market and specific industry is not only feasible, but also profitable for a company of your choosing. You will select the company, the industry in which it operates, and the international market with approval from your instructor. The project is supported by three milestones, which will be submitted at various points throughout the course to scaffold learning and ensure quality final submissions. These milestones will be submitted in Modules Three, Five, and Seven. The final submission will occur in Module Nine. In this assignment, you will demonstrate your mastery of the following course outcomes:      Determine trade policies conducive to company business in international markets by assessing their implications on business, the economic environment, company operations, and consumers Suggest alternative trade barrier options that facilitate international trade and increase country competitiveness based on country competitiveness audits Evaluate advantages and disadvantages of trade agreements and foreign trade zones in international markets for determining their impacts on specific industries Forecast the ramifications of tariffs and quotas on specific industries using appropriate economic calculations Evaluate the overall competitiveness of international markets and industries in determining their value for prospective companies Prompt Your country competitiveness analysis should answer the following prompt: Imagine you are an international consultant. You are working on providing a client with a highly specific analysis of a particular international market, while keeping in mind the industry that the client is in. Your project should answer three major questions: 1) Are the trade policies in your selected international market sufficiently competitive to attract new companies in a particular industry? 2) Are the trade barriers in your selected market low and beneficial in order for new companies to succeed in a specified industry? 3) What changes in trade policies, trade barriers, or new trade agreement alliances would make the country more competitive and desirable for your particular industry and company? Specifically, the following critical elements must be addressed: I. Overview: Provide a general overview where you select a specific international (non-U.S.) market, an industry, and a company within that industry. Introduce the country, industry, and the company, including key details such as the location and general statistics of the country and the competition of the market. II. Trade Policies: Describe the country’s specific trade policies geared toward foreign multinational corporations (MNCs). A. Define trade policies in your specific international market. Consider drawing from multiple sources in your definition. B. Determine the implications of the trade policies on your company. Do these policies ease or hinder your company’s business? Why? C. Determine the implications of the trade policies on your industry. Do these policies ease or hinder the industry within the specific international market? Why? D. Determine the implications of the trade policies on consumers. Do these policies hinder the consumer’s purchasing power within the specific international market? Why? III. Trade Barriers: Describe the country’s specific trade barriers geared toward foreign MNCs entering the market. A. Define trade barriers in your specific international market. Consider drawing from multiple sources in your definition. B. Determine the implications of the trade barriers on your company. Do these barriers hinder your company’s business? Justify your response. C. Determine the implications of the trade barriers on your industry. Do these barriers hinder the industry within the specific international market? Justify your response. D. Determine the implications of the trade barriers on consumers. Do these barriers hinder the consumer’s purchasing power within the specific international market? Justify your response. IV. Recalculating Parameters: Select the previously identified trade barriers and change their parameters for your selected industry, making appropriate economic calculations and representing the changes in charts. A. Calculate the effect of the change of a tariff on your particular industry. Illustrate the change visually in a chart. B. Calculate the effect of the change of a quota on your particular industry. Illustrate the change visually in a chart. C. Calculate the effect of the change of a government subsidy on the overall GDP. Illustrate the change visually in a chart. V. Trade Agreements and Foreign Trade Zones A. Describe your country’s specific trade agreements and applicable foreign trade zones. B. Evaluate the advantages and disadvantages of the trade agreements on the specific international market. What is their impact on the industry in which your company operates? C. Evaluate the advantages and disadvantages of the foreign trade zones on the specific international market. What is their impact on the industry in which your company operates? VI. Competitiveness A. Evaluate the overall competitiveness of your specific market based on the World Competitiveness Yearbook. For example, how attractive is this market to foreign direct investment? Support your response with evidence. B. Evaluate the overall competitiveness of your industry in the specific market based on the World Competitiveness Yearbook. For example, the produce industry in Chile has restrictive accessibility and therefore a low competitiveness. Support your response with evidence. VII. Recommendations A. What existing trade policies would help the company to succeed in their industry and market? Support your answer with your findings from the previous sections of the report. B. Suggest alternative trade barrier options based on your findings to help your company succeed. Should any barriers be changed? Support your answer with your findings in the previous sections of the report. C. Recommend whether or not your company should enter the industry in your particular market. In other words, what is the value of this opportunity for your company in terms of feasibility and profitability? Support your recommendation with the data from World Competitiveness Yearbook. Milestones Milestone One: Overview and Trade Policies In Module Three, you will submit the Overview (Section I) and Trade Policies (Section II) sections of the final project. This milestone should be submitted as a short paper that provides an overview of your chosen country, industry, and company and a description of your country’s specific trade policies. This milestone will be graded with the Milestone One Rubric. Milestone Two: Trade Barriers and Recalculating Parameters In Module Five, you will submit the Trade Barriers (Section III) and Recalculating Parameters (Section IV) sections of the final project. This milestone should be submitted as a short paper that analyzes in detail the trade barriers in your selected international market that impact your chosen industry, and recalculates the parameters of the trade barriers of your selected industry. This milestone will be graded with the Milestone Two Rubric. Milestone Three: Trade Agreements and Foreign Trade Zones; Competitiveness In Module Seven, you will submit the Trade Agreements and Foreign Trade Zones (Section V) and Competitiveness (Section VI) sections of the final project. This milestone should be submitted as a short paper that analyzes and describes trade agreements and foreign trade zones, indicating which ones would be more beneficial for your company and for your industry, and provides a detailed analysis of competitors in your chosen global market and industry. This milestone will be graded with the Milestone Three Rubric. Final Project Submission: Country Competitiveness Audit In Module Nine, you will submit your country competitive audit. It should be a complete, polished artifact containing all of the critical elements of the final product. It should reflect the incorporation of feedback gained throughout the course. For this final submission, you will be writing Recommendations (Section VII) and combining those with your revised milestones. The final project will be graded using the Final Project Rubric (below). Deliverables Milestone Deliverables One Overview and Trade Policies Two Trade Barriers and Recalculating Parameters Trade Agreements and Foreign Trade Zones; Competitiveness Final Product + Recommendation Three Module Due Grading Three Graded separately; Milestone One Rubric Five Graded separately; Milestone Two Rubric Seven Graded separately; Milestone Three Rubric Nine Graded separately; Final Project Rubric (below) Final Project Rubric Guidelines for Submission: Your country competitiveness audit should adhere to the following formatting requirements: 8–10 pages in length (plus an appendix), using 12-point Times New Roman font, double spacing, and the most current APA formatting. Include charts in an appendix. While completing this project, you must use scholarly references as much as possible for full credit. At least six scholarly references should support your entire project. Please do not use Wikipedia and Investopedia as your resources. Note about Rubric: Milestones One, Two, and Three use grading rubrics with “Proficient” as the highest grade. If you would like to receive full points for the final project submission, you will need to follow the requirements in the “Exemplary” column in this rubric, expanding on the “Proficient” column from Milestones One, Two, and Three. Critical Elements Overview Exemplary (100%) Meets “Proficient” criteria and expertly balances key details with brevity appropriate for business audience Meets “Proficient” criteria and uses multiple sources to inform definition Meets “Proficient” criteria and demonstrates in-depth understanding of how the trade policies ease or hinder company’s business Proficient (90%) Provides a general overview of the international market, industry, and company, including key details Accurately defines trade policies in specific international market Trade Policies: Implications on Industry Meets “Proficient” criteria and demonstrates in-depth understanding of how trade policies impact industries Determines the implications of the trade policies on industry, explaining why the policies ease or hinder industry Trade Policies: Implications on Consumers Meets “Proficient” criteria and demonstrates in-depth understanding of how trade policies impact consumers Determines the implications of the trade policies on consumers, explaining why the policies do or do not hinder consumers’ purchasing power Trade Policies: Define Trade Policies: Implications on Company Determines the implications of the trade policies on company, explaining why the policies ease or hinder company’s business Needs Improvement (70%) Provides a general overview of the international market, industry, and company, but with gaps in key details Defines trade policies in specific international market, but with gaps in accuracy Determines the implications of the trade policies on company, explaining why the policies ease or hinder company’s business, but with gaps in accuracy or detail Determines the implications of the trade policies on industry, explaining why the policies ease or hinder industry, but with gaps in accuracy or detail Determines the implications of the trade policies on consumers, explaining why the policies do or do not hinder consumers’ purchasing power, but with gaps in accuracy or detail Not Evident (0%) Does not provide a general overview of the international market, industry, and company, including key details Does not define trade policies in specific international market Value 2.5 Does not determine the implications of the trade policies on company 3.8 Does not determine the implications of the trade policies on industry 3.8 Does not determine the implications of the trade policies on consumers 3.8 3.8 Trade Barriers: Define Meets “Proficient” criteria and uses multiple sources to inform definition Trade Barriers: Meets “Proficient” criteria and Company demonstrates a nuanced understanding of how trade barriers can hinder the business of companies Trade Barriers: Industry Meets “Proficient” criteria and demonstrates a nuanced understanding of how trade barriers can hinder industries Trade Barriers: Meets “Proficient” criteria and Consumers demonstrates a nuanced understanding of how trade barriers can hinder consumers Recalculating Meets “Proficient” criteria and Parameters: Tariff illustration evidences a nuanced understanding of how tariff changes impact industry Recalculating Meets “Proficient” criteria and Parameters: Quota illustration evidences a nuanced understanding of how quota changes impact industry Recalculating Meets “Proficient” criteria and Parameters: Subsidy illustration evidences a nuanced understanding of how subsidy changes impact overall GDP Accurately defines trade barriers in specific international market Defines trade barriers in specific international market but with gaps in accuracy or detail Determines implications of trade barriers on company, justifying response, but with gaps in logic or support Does not define trade barriers in specific international market 3.8 Does not determine implications of trade barriers on company 3.8 Determines implications of trade barriers on industry, justifying response, but with gaps in logic or support Determines implications of trade Determines implications of trade barriers on consumers, justifying barriers on consumers, justifying response response, but with gaps in logic or support Calculates the effect of the Calculates the effect of the change of a tariff on industry, change of a tariff on industry, illustrating change in a chart illustrating change in a chart, but with gaps in accuracy or detail Calculates the effect of the Calculates the effect of the change of a quota on industry, change of a quota on industry, illustrating change in a chart illustrating change in a chart, but with gaps in accuracy or detail Calculates the effect of the Calculates the effect of the change of a government subsidy change of a government subsidy on the overall GDP, illustrating on overall GDP, illustrating change in a chart change in a chart, but with gaps in accuracy or detail Trade Agreements and Meets “Proficient” criteria and Describes country’s specific trade Describes country’s specific trade Foreign Trade Zones: demonstrates a nuanced agreements and applicable agreements and applicable Describe understanding of applicable trade foreign trade zones foreign trade zones, but with agreements between gaps in accuracy or detail international markets and other countries Does not determine implications of trade barriers on industry 3.8 Does not determine implications of trade barriers on consumers 3.8 Does not calculate the effect of the change of a tariff on industry and illustrate with a chart 6.3 Does not calculate the effect of the change of a quota on industry and illustrate with a chart 6.3 Does not calculate the effect of the change of a government subsidy on overall GDP and illustrate with a chart 6.3 Does not describe country’s specific trade agreements and applicable foreign trade zones 6.3 Determines implications of trade barriers on company, justifying response Determines implications of trade barriers on industry, justifying response Trade Agreements and Meets “Proficient” criteria and Foreign Trade Zones: shows keen insight into how Agreements trade agreements benefit or hinder international markets and industries Evaluates the advantages and disadvantages of the trade agreements on the specific international market, including their impact on the industry Evaluates the advantages and disadvantages of the trade agreements on the specific international market, including their impact on the industry, but evaluation has gaps in logic or detail Trade Agreements and Meets “Proficient” criteria and Evaluates the advantages and Evaluates the advantages and Foreign Trade Zones: shows keen insight into how disadvantages of the trade zones disadvantages of the foreign Zones foreign trade zones benefit or on the specific international trade zones on the specific hinder international markets and market, including their impact on international market, including industries the industry their impact on the industry, but evaluation has gaps in logic or detail Competitiveness: Meets “Proficient” criteria and Logically evaluates the overall Evaluates the overall Specific Market demonstrates a nuanced competitiveness for the specific competitiveness for the specific understanding of how real-world market based on the World market based on the World data informs competitiveness Competitiveness Yearbook Competitiveness Yearbook, but evaluations of international with gaps in logic or detail markets Competitiveness: Meets “Proficient” criteria and Logically evaluates the overall Evaluates the overall Industry demonstrates a nuanced competitiveness for the industry competitiveness for the industry understanding of how real-world in the specific market based on in the specific market based on data informs competitiveness the World Competitiveness the World Competitiveness evaluations of specific industries Yearbook Yearbook, but with gaps in logic or detail Recommendations: Meets “Proficient” criteria and Recommends appropriate Recommends existing trade Trade Policies recommendations are especially existing trade policies to help policies to help company in well aligned to the goal of company in specific industry and specific industry and market to company success in the specific market to succeed, supporting succeed, supporting with industry and market with findings findings, but with gaps in appropriateness or detail Recommendations: Meets “Proficient” criteria and Suggests appropriate alternative Suggests alternative trade barrier Trade Barrier Options suggestions are especially well trade barrier options to help options to help company aligned to the goal of company company succeed, supporting succeed, supporting with success in the specific market with findings findings, but with gaps in appropriateness or detail Does not evaluate the advantages and disadvantages of the trade agreements on the specific international market 6.3 Does not evaluate the advantages and disadvantages of the foreign trade zones on the specific international market 6.3 Does not evaluate the overall competitiveness for the specific market based on the World Competitiveness Yearbook 6.3 Does not evaluate the overall competitiveness for the industry in the specific market based on the World Competitiveness Yearbook 6.3 Does not recommend existing trade policies to help company in specific industry and market to succeed 3.8 Does not suggest alternative trade barrier options to help company succeed 3.8 Recommendations: Enter the Industry Articulation of Response Meets “Proficient” criteria a ...
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CristinaP
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INTERNATIONAL TRADE AND COMPETIVENESS (INT 650)

FINAL PROJECT

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Introduction
The United Kingdom is the fifth largest economy in the world and the second largest
economy in the European Union (EU). The UK is a major trading power with an estimated GDP
of £2.6 trillion in 2017. Its total imports and exports in 2016 was £590.5 billion and £547.5
billion respectively each equivalent to about 30% of GDP. The UK market is the largest in
Europe and the world for U.S. service exports. (Office for National Statistics, 2018). The United
Kingdom serves as the entry market into the EU for more than 43,000 U.S. exporters. (ITA,
2018). The UK economy grew by 1.7% in 2017, with more than two million jobs that have been
created over the years through foreign direct investment.
COMPANY OVERVIEW
The home depot is an American home improvement retail corporation that was
incorporated by Bernie Marcus and Arthur Blank in 1978 with its headquarter in Atlanta. The
company sells assorted building materials, home improvement products, lawn and garden
products and, also provide various services. (Home Depot, 2018)
The company serves three primary customer groups which include:
Do-it-yourself (DIY) customers, Do-it-for-me customers (DIFM) and, professional customers.
Home depot is the largest home improvement retailer in the U.S. with about 400,000 employees
and approximately 2278 stores located in the U.S., Canada and Mexico. The company had an
annual revenue of $100.9 billion in 2017. (Reuters, 2018)
TRADE POLICIES

The United Kingdom is dependent on trade in the global economy. Its government supports free
and unrestricted trade. It is a member of the WTO, EU, EFTA and, it has trade treaties with 90
different nations (Nations Encyclopedia, 2018). The UK’s trade policy is regulated by Uniform
Custom Code (UCC) and common commercial policy instruments such as anti-dumping
measures. The UCC is enforced by Her Majesty’s Revenue and Customs (HMRC) in the UK and
its enforcement powers are set out in the UK Customs and Excise Management Act 1979 (The
National Archives, n.d).
Some current UK trade policies include:


Anti-dumping: Regulation (EU)2016/1036 on protection against dumped imports from
countries not members of the European Union



Subsidies: Regulation (EU) 2016/1037 on protection against subsidized imports from
countries not members of the European Union



Safeguards in respect of WTO members: Regulation (EU) 2015/478 on common rules for
imports. (Thomson Reuters, 2018)
IMPLICATION OF TRADE POLICY ON HOME DEPOT

Home depot’s expansion to the UK will face some challenges. Complex EU regulatory
requirements can be burdensome. The domestic market in the UK are backed up by government.
As the UK and third party suppliers represent strong competition, Home depot needs to offer
differentiated products at competitive prices.

IMPLICATION OF TRADE POLICY ON RETAIL INDUSTRY
The use of protectionist measures such as bailouts for domestic industry has restricted trading in
the retail industry. This distorts markets and slows global trade thereby affecting the retail
industry. Home depot’s entry into the UK could transform the retail industry considering its
revenue of 100.9 billion US dollars globally. (Department for International Trade, 2017)
IMPLICATION OF TRADE POLICY ON CONSUMERS
For consumers and households, imports have a significant impact on daily life through the
variety of choice and price of goods available. Lower tariffs on the price of imported goods
directly through the associated productive gains of domestic and foreign firms has benefited
consumers in the UK. (Department for International Trade, 2017)

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