At a minimum this research should include the following:What is the general environment in the global airline industry driving delivery channel decisions?What factors led to the success of major metro areas to maintain their secondary and reliever airports?Given these projections in traffic growth and the existing air traffic delays at many of the most important hubs in the United States, do reliever airports provide an opportunity to ameliorate congestion and expand/enhance commercial operations in the United States?Research reflects various positive aspects of having a strong regional airport system. What are some of the negative aspects?Use following resources to familiarize with the Airport Categories (FAA) (Links to an external site.) established by the FAA.read the following case study:Grubesic, T. H., Fuellhart, K., Wei, F., & O'Connor, K. (2017). Regional perspectives on general aviation and reliever airports: A case study of the Phoenix metropolitan area. (Links to an external site.) Regional Science Policy & Practice, 9(2), 101-120. (Hunt Library)Review the white paper on the role of reliever airports in the Minneapolis/St. Paul market.Economic impact of reliever airports (Metropolitan Airports Commission). (Links to an external site.) (2018, April 3).

Why is the concept of time value of money important in the corporate context? Justify your answer. A complete post includes an explanation supported by examples and a minimum of 2 research sources. Your post must be substantive and demonstrate insight gained from the course material. A substantial post accomplishes one or more of the following: discusses the application of time value of money in the corporate setting offers additional research or examples, in support of the original answer describes implications of the time value of money concept for capital project financing

1. International Trade, Exchange Rates, and Balance of Payment Two countries, US and CH, produce two goods, apples and bananas. In one hour, US can produce either 2 apples or 10 bananas; CH can produce either 5 apples and 2 bananas. After opening up to trade, US and CH specialize in producing the good in which they can follow their own comparative advantage (lower opportunity cost). In trade equilibrium, US and CH agree to trade 1 apple for 2 bananas and both countries’ international trade is balanced. There is no factor and asset trade. 1) In trade equilibrium, what would be the imports and exports of goods for both countries, given the exchange rate of 1 apple for 2 bananas? Which country is running trade surplus or deficit? 2) In a monetary world, international trade and countries’ balance of payments are facilitated by currencies instead of barter. Suppose the exchange rate between dollar and yuan is $1=¥1 and local prices for the goods are shown in the table. In trade equilibrium, what would be the dollar value of imports and exports of the US? Is US running trade imbalance? 3) Suppose dollar appreciates: $1=¥2 and both countries still trade 5 bananas for 2.5 apples. What would be the dollar value of imports and exports of the US? Is US running trade imbalance? 4) Suppose dollar depreciates: $2=¥1 and both countries still trade 5 bananas for 2.5 apples. What would be the dollar value of imports and exports of the US? Is US running trade imbalance? 5) In a monetary world, what do you conclude about the role of exchange rate in affecting countries’ balance of payments?