Economic Systems, Comparative Advantage, business and finance homework help

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Question Description

Assignment 1: Discussion—Economic Systems, Comparative Advantage

An international business must understand the economic system embraced by the host country and its implications. Moreover, there are powerful economic arguments in support of international trade and they provide a useful perspective on international business.

Research economic systems using your textbook, Argosy University online library resources, and the Internet. Respond to the following:

  • Which economic systems would be most suitable for a country: centrally planned, mixed economy, or market economy? Since Canada is the #1 trading partner with the USA, focus specifically on Canada. Research Canada’s mixed economy and comparing it to the American economy covering any comparative advantages of Canada. State any assumptions you make and give reasons for your position.

Tutor Answer

Doctor_Ralph
School: UCLA

Attached.

Running head: ECONOMIC SYSTEMS

1

Economic Systems
Student Name
Professor Name
Course Title
Date

2
ECONOMIC SYSTEMS
Economic Systems
The Canadian economic system relies heavily on business, government and the
consumer. All individuals have a significant role to play, and they influence processes within the
economy. All of these have the power to influence production as well as consumption of various
goods and services (Reese & Staff, 2014).All different levels of government affect the economy
especially because of taxation as well as spending. Paying the Goods and Service Tax as well as
the P...

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Anonymous
Tutor went the extra mile to help me with this essay. Citations were a bit shaky but I appreciated how well he handled APA styles and how ok he was to change them even though I didnt specify. Got a B+ which is believable and acceptable.

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