Business Finance
Unit III Assignment

Question Description

Please answer the following questions. See attached for details. If you need me to send anything for this assignment please let me know.

Unformatted Attachment Preview

Unit III Essay / International Economics Unit III focuses heavily on tariffs and non-tariff trade barriers. For this assignment, you are asked to prepare a minimum 500-word essay discussing the following content: • • • • • Define tariff and the different types of tariffs. Identify and discuss the major nontariff barriers to trade. Justify the use of trade barriers. Using a real life example, explain the effects tariffs and other trade barriers have had on social welfare in a country of your choosing. Identify any unfair trade practices that have been reported in your chosen country, if any. Your assignment must: • • • Be a minimum of 500 words. Identify timely and relevant content from an external source and apply it to one of the key concepts presented. Be typed, double-spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA format. Include a cover page containing the tile of the assignment (Unit III Essay), your name, your professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment length. Course Textbook(s) Carbaugh, R. J. (2013). International economics (14th ed.). Mason, Ohio: South-Western. Unit III Web Assignment / Internet Marketing Principles For this assignment, read “The Purina Story” on pages 136-137 of the textbook. Once you have read and reviewed the story, respond to the following questions, with thorough explanations and well-supported rationale. 1. Review Exhibits 6.2 (page 139) and 6.14 (page 158). What conclusions can you make about Purina’s customers and brand based upon these and the opening story? 2. Classify each of the research methods used by Purina using concepts from Chapter 6. 3. Visit Purina.com. Do you find any of its services ethically objectionable? Why, or why not? 4. Review the privacy policies of Purina.com. What does the privacy policy cover that reassures you? Is there anything of concern? Your paper should be a minimum of TWO pages in length, double-spaced. Course Textbook(s) Strauss, J., & Frost, R. (2014). E-marketing (7th ed.). New York, NY: Routledge. Unit III Scholarly Activity/Introduction to Sociology Exploring My Digital Footprint For the Unit III Assignment you will be answering a series of response questions applying concepts you learned in this unit and the previous unit regarding social interaction, social structure, and presentation of self. The following concepts in the course textbook will be useful in helping you complete the assignment: Goffman: Presentation of the Self (pp.72-73); Mass Media and Technology (p.78); Statuses, Social Roles, and Groups (pp.97-101); and Online Social Networks pp.105-106). For this assignment, complete Part A, Part B, and Part C as follows: Part A : Google your name. What various places online did you find your name and personal information? Did you find anything surprising in your search results? In what ways can aspects of your digital footprint influence personal or professional opportunities? How does this illustrate that Goffman’s dramaturgy approach applies to one’s own digital SOC 1010, Introduction to Sociology 3 footprint? Note: It is acceptable if you found very little about yourself or found many websites with people with your same name. Just do your best to discuss what resulted when you tried searching your name online. Part B: To which achieved and ascribed statuses and primary and secondary groups do you belong? Please make sure to label which statuses are ascribed or achieved and which groups are primary or secondary in your assignment. How do these statuses and groups affect your digital footprint and shape self-expression online, which in turn shapes life chances? Please discuss at least three statuses and at least two groups in answering the above question. You may discuss more if you wish. Part C: Open your Facebook, Twitter, LinkedIn, or another online social media networking site. Discuss how Goffman’s theory or view on presentation of self applies to how you present yourself in social media? What statuses and roles do you choose to present on these online networking websites? Note: This is not asking you to discuss your Facebook status; it is asking about your achieved and ascribed statuses or roles in your life that you choose to highlight on social media. Discuss why you chose to include those statuses, roles, and identities but not others. How does the way you are managing your self-presentation on social networking sites influence your personal and professional opportunities? NOTE: If you do not use the above-mentioned social media, interview someone who does and get their responses to answer the questions in Part C. For this assignment, ensure you follow the requirements below: 1. Answer ALL the questions listed in Part A, Part B, and Part C in your assignment. 2. Please answer the response questions in essay-style format. You will not be rewriting each question and answering it. You will be creating an essay that addresses the response questions. 3. Use sociological terms and concepts from the textbook reading in your essay to demonstrate you understand and can apply the concepts. 4. Cite the textbook at least one time in the essay. APA style in-text citations are required to show how the textbook was used in your essay. An APA style reference list containing the textbook and any other sources you cited in the assignment is also required. The following tutorial from CSU’s Writing Center on in-text citations is a great helpful resource. Click on the link to view this tutorial: http://columbiasouthern.adobeconnect.com/intextcitations/ The essay should be a minimum of two pages and should use the following APA style components: APA style title page, double-spaced, 1-inch margins, and 12-point font. Course Textbook(s) Witt, J. (2016). SOC 2016 (4th ed.). New York, NY: McGraw-Hill Education. ...
Purchase answer to see full attachment

Final Answer

Attached.

Running Head: UNIT III ASSIGNMENT

1

Student Name
Institutional Affiliation
Course Title
Instructor
Date

2

UNIT III ASSIGNMENT
International Economics

A tariff is a form of tax imposed on imported goods or services by the government with
the aim of discouraging the importation of such products (Jennings, N. et al. 2017). Through
these imposed tax, the price of these imported goods increases hence discouraging individuals
and various businesses from importing them. The government may also introduce these tariffs
with the intention of reducing competition between the imported goods and the domestic goods
which are produced within the country. The tax collected as tariffs are known as duty or customs.
Major non-tariff barriers to trade
Non-tariff barriers refer to a restricted business where there are various barriers placed in
the deal other than tariffs. Some of the significant non-barriers are the sanctions, levies, quotas
and the embargoes (Kabat, P 2016). Non-tariff barriers are also used by the government to
control an amount of trade with another economy with the main reason of avoiding fierce
competition with its domestic companies. Some of the non-tariffs are:
1. Licenses-Various governments employ the use of licenses to discourage the importation
of certain goods to specific business organizations. The businesses must be granted trade
license to import specific particular products.
2. Quotas-quotas are used by counties to limit the number of goods and services to be
imported without any restriction up to ascertain limit. Apart from being used in importing
and exporting products, they can also be used in international trade license agreement.
3. Embargo-Embargo is used by the government to restrict trade in particular goods or
services for political or health reasons.

3

UNIT III ASSIGNMENT

4. Sanctions-Sanctions are restrictive measures taken by one country to another limiting
their trade activity. It includes strict trade procedures and increased administrative actions
which restrict their ability to trade.
Justification on the use of trade barriers
Governments always use trade barriers to control the import of certain goods or trade
with other countries for various positive reasons like:


To protect domestic jobs from cheap labor abroad-In many of the industrial countries, the
wage rate is always higher than those in developing countries. Higher wages are as a
result of good productivity. If the cost of imported goods is high, the citizens will resort
to locally made products hence employees in those production industries will keep their
job.



To improve trade deficit-By making imports more expensive through trade barriers, the
prices of their exported goods may also be increased by their trading partners hence
making them less competitive. For this reasons, governments will not spend much money
on import at the time when their export is low.



To protect small industries-Through imposing these various trade barriers, the
government protects its new developing industries by providing them with less
competitive opportunity to grow and march other develop ones in the market.



To earn more revenue-The government wins extra revenue through tariffs which raise the
cost of imported goods with the aim of discouraging its consumption.

4

UNIT III ASSIGNMENT
Effects tariffs and other trade barriers have had on social welfare in United States

According to the research done early July 2000 by the U.S-Canadian Lumber Agreement,
they discovered that import barrier which was imposed by the agreement was making prices of
commodities to rise in an American market. For example, softwood lumbers usage families who
were in need of buying homes. The high cost of lumber prices led to a more senior home cost
which the middle-class people could not afford. The high cost of lumber also led to reduced
profitability in lumber using industries which employed over six million workers hence raising
warning signs of a significant job loss. Import, export, and employment in America are on the
move of rising and fall due to the expanding economy which raises demand for both import and
domestic production (Carbaugh, 2013). Through this, American producers imports many
intermediate like auto parts and computer components. Through these, import and domestic
output tend to rise at the same time due to a secure connection between the manufacturing
production and imports.
Unfair trade practices
One of the unfair trade practices which have been reported in the United States is the
trade with China. China is a communist state with strict barriers to the trade though it has
adopted few aspect of capitalism to assist them in international trade. As opposed to Americans
capitalist system which allows them to practice free trade approach, the Chinese have
consistently ignored the rules of the free market, and they have been doing everything to capture
the most significant market share (Carbaugh, 2013). For example, recently in the case of the steel
industry, over thirteen thousand employees were retrenched from the American steel mill. This is
because China had been exporting steel to the United States at a meager market price because
they are state-owned and are subsidized by the government. Because of the Am...

RyanTopTutor (21953)
Duke University

Anonymous
Return customer, been using sp for a good two years now.

Anonymous
Thanks as always for the good work!

Anonymous
Excellent job

Studypool
4.7
Trustpilot
4.5
Sitejabber
4.4

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