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Q1:To Do Make sure to revise your Research Objectives to be specific enough (must be written by you) so that you can do the Data Analysis and Business Recommendations. See Sample Research Report. Sources: Must have 2-4 or more foreign sources and 3-5 or more Canadian sources, maximum 1-2 journal articles. APA: In-text citations and References must match. Number References. Content: 3 graphs (made by you in Excel) must have sufficient information: Question/Theme at the top and Title (including method) at the bottom. Data in research objective must match Data Analysis. Purpose in research objective must match Business Recommendation. Common purposes are marketing campaign, pricing strategy, distribution plan, product adaptation, promotional strategy, etc. Your research objectives must come from your sources, not taken from the sample. Writing: Single-spaced. Do not change key words in sources. Use "Ctrl+A" to ensure consistency in font and format. Please note: There will be no re-do/re-submission after the due date. Make sure you have the required sources, APA, content and writing. Avoid copy/paste or any writing that is not yours. Avoid putting in References sources you did not use, webpages without content, or sources that are not real. Example name Sample Report is how it is supposed to be done and above is the specific instructions to be followed for sample report. Some background info, I had two work done here on my topic " Corey Nutrition Company #Exporting pet foods to Jamaica". I will have them attach so to get a clear example of where we are going. Research Proposal and Intelligence report for my research proposal. Topic link-(also attached) :https://www.international.gc.ca/world-monde/stories-histoires/2019/CPTPP-corey.aspx?lang=eng Need to make 10-12 pages single spaced excluding referencesSee Answer
Q2:On the basis of your findings and analysis, answer the following questions. Globalisation will make our societies more creative and prosperous, but also more vulnerable' (Robertson, 2001) How true is this statement for your country? What have been the political, economic, technological, social, environmental, or other positive/ negative impacts of the globalization trend on your country? Robertson, L. (2001, January 29). NATO speech: 1. Explain how TESLA motors company has come to its current globalization situation. 2. What can TESLA do differently to maintain competitive advantage over its competitors in future? Justify with relevant examples. https://www.nato.int/docu/speech/2001/s010129a.htm 200 words, 7th edition APA citation formatSee Answer
Q3:How do changes in relative real interest rates affect exchange rates?See Answer
Q4:Assignment #1 This assignment relates to the following Course Learning Requirements: CLR1: Define economics and explain the basic principles of economics Objective of Assignment: The objective of this assignment is to measure your understanding of the role of scarce resources and unlimited wants in economics, your ability to apply the concept of opportunity cost to real world situations, and your ability to construct and use the Production Possibilities Curve model to illustrate economic choice. Pre-Assignment Instructions: Complete up-to and including module two, including assigned readings and work. Assignment Tasks: 1) Production Possibilities Curve Consider a bakery that produces two baked goods, muffins and bread loafs. Draw your own a production possibilities curve for the two products. The drawing can be either digitally created or an uploaded picture of a hand drawn curve (in either scenario, ensure the information is legible and clear)/nAssignment Tasks: 1) Production Possibilities Curve Consider a bakery that produces two baked goods, muffins and bread loafs. Draw your own a production possibilities curve for the two products. The drawing can be either digitally created or an uploaded picture of a hand drawn curve (in either scenario, ensure the information is legible and clear) a) Label the axis b) Draw and label a point (A), to demonstrate a scenario where one muffins is allocated more of the resources. (1 points) c) Draw and label a second point (B), where bread loafs is more of the resources. (1 points) d) Shade the area of possible production green. (1 points) e) Shade the area outside of the limits of production red. (1 points) f) Explain how the curve would change, should a new technology be invented that reduced the waste of the inputs (resources) - draw the change on the graph. (2 points) 2) Opportunity cost Page 1 of 2See Answer
Q5:Student note : this essay is on a current event. this is the article https://www.usnews.com/news/economy/articles/2024-01-25/remote-work-has-radically-changed- the-economy-and-its-here-to-stay A three page (double spaced typed) summary and your reaction to the article and rating of the article (1 lowest to 5 highest) must be submitted.See Answer
Q6: Advanced International Trade—Problem Set 3 1. Consider a world with two countries and three goods. Both countries can use linear labor-only technologies to produce these goods. The labor productivities in the home country are denoted by Zn,H, and in the foreign country by Zn,F, where n = {1, 2, 3}. These productivities are positive and satisfy 21,H 22,H Z3,H Z1,F 22,F Z3,F = 1. The home- and foreign-country labor supplies LH and LF are supplied inelastically, and consumers have identical preferences over the three consumption goods, described by the utility function u(C1, C2, C3) B₁ln(c₁) + B2 ln(c2) + ß3 ln(c3), where ß₁ + ß2 + ẞ3 Write Cn,j for consumption of good n in country j, pn for the world price of good n, w; for the wage in country j, where n = {1, 2, 3} and j = {H, F}. = and Assume that the equilibrium pattern of specialization is such that both countries produce strictly positive amounts of good 2. a. Determine the wage ratio wĤ/WF and the relative prices pn/w; for n = {1,2,3} and jЄ {H, F}. b. Given these wages and prices, determine Cn.j for n = {1, 2, 3} and j = {H, F}. c. Combine the results from a and b with market clearing conditions to determine the amounts of labor ln,j used to produce good n in country j, for n € {1, 2, 3} and j = {H, F}. d. Considering only small changes that do not affect the pattern of specialization, describe what happens to utility in the home country and to utility in the foreign country in the following four distinct scenarios: (1) 21,F increases; (2) 22,F increases; (3) 23,F increases; and (4) vector (21,F, 22,F, Z3,F) is scaled up by factor > 1. Υ 1See Answer
Q7:Total points are 10. 1 Money Supply and Housing Prices (10 points) Following the dot-com crisis in 2001 the US Federal Reserve lowered interest rates (increased money supply) substantially. Usually, commercial banks rise capital for mortgages by issuing commercial bank bonds and selling them in the capital market. Falling interest rates at various bond maturities lead to lower mortgage rates for home buyers. This was a contributing factor in the rush of housing prices around the world. House prices collapsed in the USA around 2007 leading to the 2008 Financial crisis. In this assignment we would look at housing prices in several countries: Canada, USA, Australia, Norway, and Germany. We work with "International House Price Database" assembled by the Federal Reserve Bank of Dallas at https://www.dallasfed.org/institute/houseprice#tab2. Download "Third Quarter 2023" release of the database. The data are in the Excel file. a) Analyze the behavior of Real Housing Price Index (RHPI) for Canada and the US from 1975 Q1 to 2023 Q3. Plot the two series on the graph and discuss the pattern that emerges. Do real house prices behave similar in Canada and the USA?/nb) One possible explanation for the divergence in real house prices could be due to a divergence in incomes. Analyze the behavior of the Real Personal Disposable Income (RPDI) over the same period. Plot the two series on the graph and discuss the pattern that emerges. Is behaviour of disposable incomes similar to behavior of house prices in the two countries?/nc) Another way to look at the relationship between house prices and disposable income is divide RHPI by RPDI. Divide RHPI by RPDI and plot the behaviour of house prices relative to income on the graph over the same period as in (a) and (b). Discuss what you see. d) To get a better perspective on Canadian house prices, compare the behaviour of RHPI for Canada, Australia, Germany, and Norway over the same period. Do the four series behave similarly? What can explain the similarity?See Answer
Q8: Advanced International Trade—Problem Set 3 1. Consider a world with two countries and three goods. Both countries can use linear labor-only technologies to produce these goods. The labor productivities in the home country are denoted by Zn,H, and in the foreign country by Zn,F, where n = {1, 2, 3}. These productivities are positive and satisfy 21,H 22,H Z3,H Z1,F 22,F Z3,F = 1. The home- and foreign-country labor supplies LH and LF are supplied inelastically, and consumers have identical preferences over the three consumption goods, described by the utility function u(C1, C2, C3) B₁ln(c₁) + B2 ln(c2) + ß3 ln(c3), where ß₁ + ß2 + ẞ3 Write Cn,j for consumption of good n in country j, pn for the world price of good n, w; for the wage in country j, where n = {1, 2, 3} and j = {H, F}. = and Assume that the equilibrium pattern of specialization is such that both countries produce strictly positive amounts of good 2. a. Determine the wage ratio wĤ/WF and the relative prices pn/w; for n = {1,2,3} and jЄ {H, F}. b. Given these wages and prices, determine Cn.j for n = {1, 2, 3} and j = {H, F}. c. Combine the results from a and b with market clearing conditions to determine the amounts of labor ln,j used to produce good n in country j, for n € {1, 2, 3} and j = {H, F}. d. Considering only small changes that do not affect the pattern of specialization, describe what happens to utility in the home country and to utility in the foreign country in the following four distinct scenarios: (1) 21,F increases; (2) 22,F increases; (3) 23,F increases; and (4) vector (21,F, 22,F, Z3,F) is scaled up by factor > 1. Υ 1See Answer
Q9:Question 1 (30 Points) An economy can produce good 1 using labour and capital and good 2 using labour and capital. The total supply of labour is 100 units. Given the supply of capital and capital, the marginal products of labour for the two goods are as follows: Workers Employed 10 20 30 40 50 60 70 80 90 100 MPL in Sector 1 4.53 3.42 3 2.61 2.34 2.22 2.07 1.98 1.89 1.8 MPL in Sector 2 4.77 3.15 2.46 2.07 1.8 1.62 1.5 1.38 1.29 1.2 a) Suppose that the price of good 1 is $1 and the price of good 2 is $2. Determine graphically the wage rate and the allocation of labour between the two sectors. [10 points] c) Suppose that the relative price of good 2 falls to 1.3. Repeat a). [10 points] d) Calculate the effects of the price change on the income of the specific factors (capital and capital) in sectors 1 and 2. [10 points]See Answer
Q10:Question 2 (20 Points) The purpose of this question is to compare the labour-to-land ratio of Canada and three other countries of your choice. Assume that the labor force is a constant fraction of the population so that the population-to-land ratio (population density) can serve as a proxy for the labour-to-land ratio. Calculate the population-to-land ratio for Canada and your selected countries. If Canada has an abundance of land in these calculations, would you predict that it is a net exporter of agricultural goods? Look at the data to see if your prediction is correct. Data: For the abundance/scarcity calculations, go to the World Bank site at http://www.worldbank.org/data/. For data on population, click "Data", select "By country," and then click on the name of the selected country to find its population. For data on land area, click "Data", select "Indicators" and then choose "Land Area". For Canadian imports and exports in agriculture, use the Industry Canada "Trade Data Online' page at https://www.ic.gc.ca/app/scr/tdst/tdo/crtr.html. Select the appropriate country and at least two categories of agricultural productsSee Answer
Q11:Question 3 (50 Points) Consider an economy that produces only steel and corn where it requires 10 units of labour and 5 units of capital to produce a ton of steel while it requires 2 units of labour and 4 units of capital to produce a ton of corn. Suppose that the price of steel is $1000/ton and the price of corn is $500/ton. Also, consider that the economy's total resources are initially 350 hours of labour and 250 units of capital. i. Draw the production possibility frontier with steel on the vertical axis and corn on the horizontal axis. (10 points) ii. Write down the unit cost of producing one ton of steel and one ton of corn as a function of the hourly wage rate (w) and the rental rate (r). In a competitive market, these costs will be equal to the prices of steel (Ps) and corn (Pc). Solve for the factor prices w and r. (10 points) iii. Suppose Ps increases to $1150/ton (from the initial situation). What happens to those factor prices you found in (ii) when the price of steel rises? Who gains and who loses from this change in the price of steel? Are these changes consistent with the Stolper- Samuelson theorem? (15 points) iv. Now suppose that the labor supply increases to 380 hours. Derive the new production possibility frontier. Assuming that the economy produces at a point such that all the resources are fully utilized, how much steel and corn will the economy produce after this increase in its labour supply? Are the changes in the production levels consistent with the Rybczynski theorem? (15 points) 2See Answer
Q12:(2 points) a) Show what happens to FOREIGN's ED-ES curve. Explain (2 points) b) What happens to free-trade prices, equilibrium output, consumption, and imports/exports in each country. Show in a diagram and explain. (3 points) c) Does HOME surplus rise? Show and explain. EG identify what happens to consumer and producer surpluses in Home. Relate to Terms Of Trade. (3 point) d) Does FOREIGN surplus rise? Show and explain. EG identify what happens to consumer and producer surpluses in Foreign. Relate to the Terms Of Trade. 25 pointsSee Answer
Q13:2: FREE TRADE: now suppose we open to free trade. (Note: this is the Big country case) (4 points) a) Depict the Excess DEMAND and SUPPLY curves. Then illustrate the free-trade equilibrium output, consumption, and imports/exports for HOME and for FOREIGN. Use the 3- pane figure. (4 points) b) Identify the new Consumer, Producer and Private Surpluses in Home and Foreign. Do they rise fall? Explain what is happening and why. (2 point) c) Show and explain why both countries can Gain from Free Trade. Give the intuition. 3: FREE TRADE: Suppose FOREIGN's production demand curve rises (eg shifts right/up)See Answer

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