Int Marketing discussion

Aug 18th, 2014
Anonymous
Category:
Accounting
Price: $10 USD

Question description

  • From the first e-Activity, recommend countries that the debate team in the video should partner with to swap products. Also, provide a recommendation in regard to the products they should be trading. Support your reasoning.
  • Take a position of whether you agree or disagree with the following statement: When the food production is at a peak in a country, food prices should drop so that poorer countries can import more food. Provide evidence to support your position.
  • From the second e-Activity, determine the effect that the phenomenon of a stronger dollar has on the prices of U.S. goods overseas. Describe the selected countries, the selected good, and the price of the selected good. Consider your purchasing decision-making behavior and propose how you would extrapolate that behavior to being a purchasing agent for a nation.
  • From the third e-Activity, examine how having a common monetary system helps to ease trade. Predict whether or not the members of the NAFTA will move to a common monetary system. Support your position with reasons why this would or would not be successful.
e-Activity

  • A stronger dollar decreases the amount of exports from a country, because they appear more expensive to foreign consumers. Therefore, a trade deficit develops as the result of a strong dollar. The opposite effects result from a weak U.S. dollar. Use the Internet to research countries that have weak and strong monetary systems. Choose one country that has a weaker monetary system and one country that has a stronger monetary system. Then, use the Internet to locate the price of a common consumer good (such as paper towels) in the U.S. Next, go to Xe’s Website ( http://www.xe.com/currencyconverter/ ) and use their online currency converter to determine how much the selected common good can be purchased for in each of the selected countries.
  • The Euro is the second largest monetary system after the dollar. Go to the European Commission’s Website ( http://ec.europa.eu/economy_finance/euro/index_en.htm ) and examine and what the European Commission has to offer its members. Also, examine how having one common monetary system works well for Europe. Be prepared to discuss.

Tutor Answer

(Top Tutor) Gabriel E
School: UT Austin

Studypool has helped 1,244,100 students

Review from student
Anonymous
" Excellent job "
Ask your homework questions. Receive quality answers!

Type your question here (or upload an image)

1826 tutors are online

Brown University





1271 Tutors

California Institute of Technology




2131 Tutors

Carnegie Mellon University




982 Tutors

Columbia University





1256 Tutors

Dartmouth University





2113 Tutors

Emory University





2279 Tutors

Harvard University





599 Tutors

Massachusetts Institute of Technology



2319 Tutors

New York University





1645 Tutors

Notre Dam University





1911 Tutors

Oklahoma University





2122 Tutors

Pennsylvania State University





932 Tutors

Princeton University





1211 Tutors

Stanford University





983 Tutors

University of California





1282 Tutors

Oxford University





123 Tutors

Yale University





2325 Tutors