ECN 450 Full Course Discussions GCU

 ECN 450 Full Course Discussions GCU

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ECN 450 Topic 1 DQ 1

How does the Ricardian Model benefit the import and export of products from given countries? Are there risks in following the Ricardian Model? Provide examples.

ECN 450 Topic 1 DQ 2

How can a low-wage country such as China pose a threat to manufacturers in a highly industrialized country such as the United States?

ECN 450 Topic 2 DQ 1

Based on your own Internet research, provide an argument for or against the continued use of the Trade Adjustment Assistance program. Respond to one fellow student who made the opposite case and rebut that student’s argument.

ECN 450 Topic 2 DQ 2

Discuss the benefits and challenges when implementing Industrial policy? How does comparative advantage relate the implementation of industrial policy?

ECN 450 Topic 3 DQ 1

Why are the welfare implications of tariffs and quotas different? Under what circumstances are import quotas most similar to tariffs?

ECN 450 Topic 3 DQ 2

What are your feelings on protectionist trade policies? When are they appropriate, if ever? Can countries employ other tactics when trying to address the reasons they enlist protectionist trade policies?

ECN 450 Topic 4 DQ 1

Do regional trade agreements promote free trade or do they just create another kind of trade barrier? Explain your answer. Why does the WTO permit regional trade agreements when they violate the “most favored nation” principle?

ECN 450 Topic 4 DQ 2

Discuss intellectual property and the major issues it has on international trade negotiations.

ECN 450 Topic 5 DQ 1

Based on your own Internet research, describe two of the stages in the process of economic integration. How do these stages impact the path of economic integration?

ECN 450 Topic 5 DQ 2

Describe the effects labor migration has on the country of immigration, emigration, and the global world.

ECN 450 Topic 6 DQ 1

Choose a country and retrieve the latest data on its budget deficit/surplus and its current balance and explain the relationship. Do government budget deficits always lead to current account deficits? Identify two other possible sources for current account deficits. Are current account deficits necessarily a problem? Explain.

ECN 450 Topic 6 DQ 2

Compare and contrast the three approaches to measuring aggregate economic activity.

ECN 450 Topic 7 DQ 1

Based on your own Internet research, track the changes in the Euro/USD exchange rate since the Euro was launched in 2002. Which currency has appreciated and which has depreciated over the past 13 years? Provide two reasons why this has occurred.

ECN 450 Topic 7 DQ 2

Based on information retrieved from the latest Economist Big Mac Index:

1. Choose one country that has an undervalued or overvalued currency and explain a possible reason for this.

2. Supply a counter response to a fellow student regarding the previous questions and provide your reason for why that country’s currency is under or overvalued.

ECN 450 Topic 8 DQ 1

Explain why some developing countries have a “fear of floating” and opt instead for a fixed exchange rate regime. What are the risks inherent in this decision?

ECN 450 Topic 8 DQ 2

Describe one weakness and one strength of the gold standard. Do you agree with Milton Friedman that any system of pegged exchange rates is not a satisfactory system for countries with independent political systems; or do you agree with Ronald McKinnon when he says that the choice of exchange rate regime in a highly integrated global economy cannot be made by individual countries? Explain.

 

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ECN 450 Full Course Discussions GCU

 

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