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Information Economics

What would be the implications for nations to follow the above, when considering tariffs, quotas, and embargoes?

INTERNATIONAL BUSINESS DISCUSSIONS
GLOBAL ENVIRONMENT AND TRADE THEORY
Select a key term from the key terms page located in the chapters in the Learn section (CHAPTER 3). Do research on the key term and find an article that relates to the key term. You will provide a definition of the key term and a summary of the selected article related to the key term. You will also provide a discussion in your own words of the article and how it relates to the textbook. Use 2 other outside sources to support your discussion. Then, you will list and annotate all references in the reference section in APA format.
BIBLICAL INTEGRATION: GLOBAL ENVIRONMENT AND TRADE THEORY
Answer one (1) of the following questions that interests you in a minimum of 150 words. You must include at least 2 biblical references in APA format:
Question 1
1. Matthew 22:36-40 states, “Teacher, which is the greatest commandment in the Law?” Jesus
replied: “‘Love the Lord your God with all your heart and with all your soul and with all your
mind.’ This is the first and greatest commandment. And the second is like it: ‘Love your
neighbor as yourself.’ All the Law and the Prophets hang on these two commandments.”
What would be the implications for nations to follow the above, when considering
tariffs, quotas, and embargoes? Write a short essay for each consideration.
Question 2
2. Psalm 24:1 states: “A Psalm of David. The earth is the LORD’S, and all it contains, The
world, and those who dwell in it”. 1 Corinthians 10:26 states: “… for, “The earth is the
Lord’s, and everything in it.” Job 41:11 states: “Who has a claim against me that I must pay?
Everything under heaven belongs to me.”
Consider the above scriptures and write a short essay on the biblical worldview
response to ownership, operation, and transfer risk. Give equal response to each type of
risk
Question 3
3. Ecclesiastes 11:11 states: “Cast your bread on the surface of the waters, for you will find it after many days.” As mentioned in the text, Solomon was deeply involved in cross-border
commerce. Consider the trade of grain. When the Israelites would trade their grain with other nations, they were essentially “casting [their] bread upon the water.” But notice that with Solomon, the word is plural: “cast your bread on the waters.”
a. Write a short essay explaining the implications from a business perspective regarding
diversification of money, assets, and investments of “casting you bread upon the
waters”?
b. Write a short essay on the biblical worldview response to dealing with business risk
within the context of cross-border commerce. What are some proper ways to approach
business risk while at the same time being responsible with investments? How is being
responsible with investments different than a business gamble since both involve the
risk of losing?
Question 4
4. Consider the trade theories: Mercantilism, Absolute advantage, Comparative advantage,
Factor proportions theory, International product life cycle, International Trade Theory, or
New Trade Theory.
Select one of them and determine what are the Biblical Worldview shortcomings of the
selected theories and what if any recommendations would you make to do away with
these shortcomings
GLOBAL FINANCIAL MARKETS AND REI
Select a key term from the key terms page located in the chapters in the Learn section (CHAPTER 5). Do research on the key term and find an article that relates to the key term. You will provide a definition of the key term and a summary of the selected article related to the key term. You will also provide a discussion in your own words of the article and how it relates to the textbook. Use 2 other outside sources to support your discussion. Then, you will list and annotate all references in the reference section in APA format.
BIBLICAL INTEGRATION: GLOBAL FINANCIAL MARKETS AND REI
Answer one (1) of the following questions that interests you in a minimum of 150 words. You must include at least 2 biblical references in APA format:
Question 1
1. Conduct an Internet search using the following descriptors: biblical worldview and money.
Consider your findings in the light of any topic in this chapter related to money. Compose a
short essay on your findings.
Question 2
2. The global economy is one based heavily on the use of debt and principles of monetary
leverage. Discuss the pros and cons of using debt and leverage from the Biblical Worldview.
Question 3
3. We have studied the IMF and its purpose. Write a short essay proposing adding a Biblical
Worldview component to the IMF.
Question 4
4. Developmental stages of regional economic integration Include: Free trade area, Customs
union, Common Market, Economic Union, and Political Union. Each stage requires a
demonstration of trust before moving on to the next. Likewise, global business managers
who operate from a Biblical Worldview must engender trust in all associates and agreements
overseas. What behavioral characteristics make this possible, and what behavioral
characteristics make this impossible?
Question 5
5. The objective of the OECD is increasing economic welfare through the world by covering
issues associated with social work and economic efforts within participating governments
and nonparticipating governments. It focuses on areas such as macroeconomics, science and
innovation, development, education, and trade. How might Christian ministries be able to
partner with OECD efforts in terms of development and education?
Question 6
6. I Kings chapters 7-10 provide a wealth of insight into the concept of cross-border trade. After
reading these chapters, compile a list of the nation’s King Solomon traded with, as well as,
the details regarding goods and services traded. Include prices and other details, if available.
GLOBAL MARKET ENTRY AND OPERATIONS MANAGEMENT
Select a key term from the key terms page located in the chapters in the Learn section (CHAPTER 7). Do research on the key term and find an article that relates to the key term. You will provide a definition of the key term and a summary of the selected article related to the key term. You will also provide a discussion in your own words of the article and how it relates to the textbook. Use 2 other outside sources to support your discussion. Then, you will list and annotate all references in the reference section in APA format.
BIBLICAL INTEGRATION: GLOBAL MARKET ENTRY AND OPERATIONS
Answer one (1) of the following questions that interests you in a minimum of 150 words. You must include at least 2 biblical references in APA format:
Question 1
1. Visit Gap Missions ministry at their website and answer the following:
(1) Provide a brief overview about the organization. (2) Identify and briefly describe the
different global mission ministries and projects they are involved with and support. (3) Is
their focus in one or multiple countries? (4) What type of mode(s) of entry as described in the
chapter do they most closely engage and resemble?
Question 2
2. Visit Allow the Children ministry at their website and answer the following: (1) Provide a
brief overview about the organization. (2) Identify and briefly describe the different global
mission ministries and projects they are involved with and support. (3) Is their focus in one
or multiple countries? (4) What type of mode(s) of entry as described in the chapter do they
most closely engage and resemble?
Question 3
3. Visit Global Partners in Peace and Development ministry at their website and answer the
following: (1) Provide a brief overview about the organization. (2) Identify and briefly
describe the different global mission ministries and projects they are involved with and
support. (3) Is their focus in one or multiple countries? (4) What type of mode(s) of entry as
described in the chapter do they most closely engage and resemble?
Question 4
4. Read Luke 6:27-31, also known as the “Golden Rule.” Now consider the 3 major principles
of total quality: Customer Focus, Participation and Teamwork, and Continuous Improvement
and Learning. Write a short essay that explains possible ways in which a global operations
manager could connect the Golden Rule concepts to the 3 major principles of total quality.
Question 5
5. Read Exodus 12 and 13, also known as “The Great Exodus.” Now consider the key Issues of
global logistics: Movement of product, Movement of information, Time/service, Cost, and
Integration. Write a short essay that explains possible ways which a global operations
manager could connect The Exodus concepts to the key issues of global logistics.
Question 6
6. What distinctives should a Christian business espouse when considering outsourcing
manufacturing and product development? How could a Christian business use outsourcing to
help support poor nations and economies, global missions, and evangelism? Write a brief
essay answering both questions.
PRINCIPLES OF MICROECONOMICS DISCUSSIONS
ECONOMIC BASICS
In this module’s discussion, you must find a news article containing material that is relevant to microeconomics, clearly link your article to material from the textbook, then compose a thread discussing the topic per the instructions below. The article you choose along with the textbook must be referenced in current APA format. Acceptable research sources for your articles include newspapers, news web pages, and magazines. Sources such as Wikipedia, About.com, book reviews, and blogs are prohibited. You may complete the required research using the Jerry Falwell Library website or by searching the internet for news sources. Thread must be at least 300 words.
In the opening paragraph, provide a summary of the article.
In the second paragraph, explain an economic idea contained in the story. Specifically, refer to material from the textbook, including the page number, and note how the economic idea plays a prominent role in the story.
In the third paragraph, explain what you think about the events in the story. You do not have to agree with what is going on, but you do need to provide your reaction to it. This is your chance to express yourself: what are your opinions? Be sure to defend your position.
Finally, what do you think is a Christian response to this situation? Provide details to support your view (in other words, do not just say “Christians wouldn’t act the same way as economists”).
Be sure to title your thread according to your topic.
MICRO PRINCIPLES
In this module’s discussion, you must find a news article containing material that is relevant to microeconomics, clearly link your article to material from the textbook, then compose a thread discussing the topic per the instructions below. The article you choose along with the textbook must be referenced in current APA format. Acceptable research sources for your articles include newspapers, news web pages, and magazines. Sources such as Wikipedia, About.com, book reviews, and blogs are prohibited. You may complete the required research using the Jerry Falwell Library website or by searching the internet for news sources. Thread must be at least 300 words.
In the opening paragraph, provide a summary of the article.
In the second paragraph, explain an economic idea contained in the story. Specifically, refer to material from the textbook, including the page number, and note how the economic idea plays a prominent role in the story.
In the third paragraph, explain what you think about the events in the story. You do not have to agree with what is going on, but you do need to provide your reaction to it. This is your chance to express yourself: what are your opinions? Be sure to defend your position.
Finally, what do you think is a Christian response to this situation? Provide details to support your view (in other words, do not just say “Christians wouldn’t act the same way as economists”).
Be sure to title your thread according to your topic.
MARKET STRUCTURE
In this module’s discussion, you must find a news article containing material that is relevant to microeconomics, clearly link your article to material from the textbook, then compose a thread discussing the topic per the instructions below. The article you choose along with the textbook must be referenced in current APA format. Acceptable research sources for your articles include newspapers, news web pages, and magazines. Sources such as Wikipedia, About.com, book reviews, and blogs are prohibited. You may complete the required research using the Jerry Falwell Library website or by searching the internet for news sources. Thread must be at least 300 words.
In the opening paragraph, provide a summary of the article.
In the second paragraph, explain an economic idea contained in the story. Specifically, refer to material from the textbook, including the page number, and note how the economic idea plays a prominent role in the story.
In the third paragraph, explain what you think about the events in the story. You do not have to agree with what is going on, but you do need to provide your reaction to it. This is your chance to express yourself: what are your opinions? Be sure to defend your position.
Finally, what do you think is a Christian response to this situation? Provide details to support your view (in other words, do not just say “Christians wouldn’t act the same way as economists”).
Be sure to title your thread according to your topic.