Recent orders
Econ 4320 International Economics
Econ 4320 International Economics
Fall 2019 Final
Trade Policy (with a bit of trade patterns)
Go to: http://atlas.cid.harvard.edu/explore? And pick a country that starts with the same letter as either your first name or your last name. For your country:
49530057023000What are the top 3 exports? What are the top 3 imports? For example, if your name was Uncle Sam, your export data should look like:
Now clear the country entry, click the “PRODUCT” button, and type in the largest export industry as the product—ignore the “unspecified” category. (eg, for the US, ICT). You’ll now see the report for trade in that good for all countries worldwide. Is your country a big or small country in its largest export? How about your country’s next 2 largest exports? How about for imports? For the US, the largest export is ICT (and note, the red shade means “services”, so all of the US’s major exports are services—remember that the next time you hear about the trade deficit in goods). If you had chosen the USA, your data would look like:
What trade model best explains trade in your country’s top export? What trade model best explains trade in your country’s top import? Explain your answer.
If you were an economic advisor for your chosen country, would you recommend an export subsidy, an export tax, or neither for any of your 3 primary exports? Explain why with a graph (no graph = no points).
If you were the top economic advisor for your chosen country, would you recommend an import tariff, import quota, or neither for any of your 3 primary imports? Does the degree of competition matter to your recommendation? Explain why with a graph (no graph = no points).
Suppose to your shock and horror your country elects Kim Jong-un as President (or Prime Minister or whatever the label is in your country). Kim calls you into his office to fire you as an economic advisor. You’ve got one chance to change his mind on trade (you’ve already decided to quit and flee the country, but you are willing to make one last argument on trade). So, make your best argument for free trade for your country. Don’t insult Kim by ignoring any good counter-arguments he may raise.
Field notes Group Discussion
Field notes: Group Discussion
I was sitting in the IUB library, watching a group of people and they have four people, three girls and one boy. Three girls all wear T-shirts and shorts. They are all black hair. The girl name is Liu. She wears a yellow baseball cap. Other girls, Her name is Qi, and Wang. One boy wears black T-shirt and jeans. His name is Wang. They all took laptop and some notebooks. Liu and Wang were sitting at one of the tables and others were standing there.
The seated Liu said, “ We can say, we consider three points.” and her eye contact with other members.
The boy Wang hesitated a moment before answering. “ How can we get these points?” His expression showed doubts.
“Or, we can separate to these points, like stress…we can repeat it. However, we can add some details for three points.” Qi said. And then, she said: “ otherwise, I want to copy this point because it is the same.”
From my observations I would say that both these students were talking their presentation concepts and had a plan composed them. Qi was obviously very seriously – she had a chair but she hadn’t seated it. She just was walking here and there because she was seeing other people what were they doing. Also, Wang, Liu and Qi use their computer and exchange their presentation drafts. When Liu provide her ideas. Wang’s expression showed doubts and ask her question. This question seemed to show Wang listen very carefully and seriously. When Liu didn’t answer this question. Qi gave her opinion. This answer seemed to their relationship are very comfortable. When Liu and Qi were talking about presentation concepts, other people were reading their presentation draft and use computer editing draft each other.
This greeting throws light both on how people act as group members each other and the nature of greetings and conversation in general. Liu seemed to be looking forward her group members could agree her idea. When she said her ideas, her eye contact with other people. This behavior show she hope her members can accept her suggestion. Then, Wang hesitated a moment and asked her question but Liu cannot answer it. Qi helped her ask Wang question and gave her opinion. This is displaying their relationship is good and showing that they discussion very seriously and listen other people talking very carefully. Even though Liu cannot answer Wang question, nobody say something. When Qi was walking there and here, shows that she hope she can know other people whether need help because she always ask them “did you have question?” In their relationship, they would like to share what is on their minds and suggestion. When they were talking some questions, they were laugh in some time, displaying their discussion atmosphere is very comfortable both makes them feel good in the meeting time and would probably corporation much better.
What this greeting show about the nature of Chinese students conversation in discussion, or at least greeting around here, is that exchange ideas. The Wang hesitated a moment ask question. He is man. However, when Liu cannot answer and Qi help her. It is like the Hidden Culture of Aggression in girl article the Rachel think girls are in-group. They are always helping each other. Because greeting start conversation off, this means that the most conversation should girls support girls idea. This is something I knew but never put into group meeting in American students before.
IMPACT OF PRODUCT PLACEMENT ON FOOD CHOICE
IMPACT OF PRODUCT PLACEMENT ON FOOD CHOICE
Student’s name
Instructor
Department of affiliation
Course
Date
Impact of product placement on food choice
The proximity of a person to the food they are supposed to take might be a great way to make them consume that specific food as the proximity will make them susceptible to buying such foods. However, this does not apply to everyone as some people will opt for what they want to eat and not what is healthy for them. Therefore this makes them go even for long distances only to get what they want to take. However, most people might be subjected to healthy foods by making healthy foods look very cool and useful for them. The issue of food placement affects a person’s choice. In that the placement of foods or just any other items close to the people and making sure such items and foods are lovely to the customers makes them want to eat the foods which are close to them and which in most times should be healthy. Therefore herein, I will examine if it is true that the type of shop a person visit determines what they consume. For example, if a person frequently visits groceries, there is an assumption that their fruits and vegetables will be high and right.
In my desire and willingness to prove this and compare and contrast the different foodstuffs available in the different shops around my area and online, I took a virtual tour. I identified the different shops around my place and even those far online shops and what they say about foods and what they promote more as healthy foods and what is not promoted or there are warnings against taking a particular food (Weijters, 2009). I visited Walmart, one of the largest online shops in the United States, and the experience was good as everything was available. Therefore it is the customer’s choice to choose what they like and just order for delivery at their location. I also visited Costco’s online platform and looked at the different products they offered with more concentration on the food area. The last store I checked was Sears.
The virtual tour was exciting, even though it would have been better to go physically. From what I saw, I got to experience a lot to get to know the priorities of different people and why they prioritize some things more than others. Therefore, from these kinds of advertisements and information, I came to know that most people are unable to get fresh fruits and vegetables unless they go to their neighborhood groceries. However, with the big online shops, there is always a fear of going at a loss by selling fresh vegetables due to their perishable nature and how they are supposed to be traveled. This makes these companies opt for canned vegetables or other preserved foodstuffs, which cannot go bad within a day after their harvesting since even some of the customers are from different and varied places where they might not be available fast.
Having visited Walmart, the categories shown in the screenshot below are the ones that popped up in the categories section of the online store. This is an indication that.
-381000000What people consume is what is readily available. In this online store, the available foods cannot be considered exclusively healthy for taking. Even though they are essential and useful to take, there are no foodstuffs like fruits or fresh vegetables that make the people consume only what is available, and therefore, what is available might not always be useful to consume. It is not everything available that is healthy.
Therefore from this shop, we can see that the shop is trying to minimize on its situation whereby if they decided to sell some fresh vegetables and fruits there would be a likelihood of them going bad. Therefore, due to the desire and wish to protect the company’s financial situation, they sell what cannot go rancid quickly, thus preserving themselves at the citizens’ expense.
-14287513462000Apart from Walmart, I also visited Costco’s online shop. There was an improvement from Walmart; however, the items sold were not completely different but were somehow related. Therefore these shops can be said to sell more healthy foods, and the exposure of customers to these types of foods makes them healthy, but their lives become better. Therefore, this shop might be doing what is referred to as exposing excellent food like the groceries to the public and their customers; therefore, the food will be bought and contribute to the healthy eating of their customers.
The last shop I visited was Sears, and since there did not seem to be a category for food, I had to search for food and grocery. I was delighted to identify a fresh basket of vegetables that indicated that a person should 0381000add it to the basket on checking out and paying to get the price or the cost of their fresh vegetables. However, apart from this, other types of foods are also suitable, and most of them are canned. Therefore it is possible to say that this shop operates on an almost equal basis with the other shops. The only difference is that a person can buy fresh vegetables in this specific shop, unlike in the other shops, whereby most of the foods are canned and preserved.
I can say that the order of placement of food in the online stores visited affected my choice very much. However, my concentration on groceries, fruits, and vegetables was not satisfied as the online shops showed me canned food initially and therefore did not show me how to about ordering the fresh foods I needed. Therefore it is right from experience that the proximity and the manner of placement of food into certain places and areas which might attract customers are of much importance. This is what is utilized by most of these online shops whereby they always place what they need to be bought, mostly at the front page whereby the person who opens the website can see them immediately. Therefore it becomes easy for that specific item to be bought rather than another item being bought. This can be said to be a type of advertising whereby a person’s psychology is shifted to believe and trust that what they see first is the best, and they have to buy that specific item from the shop ( Kline, & Wagner, 1994).
These online shops have always had a significant impact on people, especially the busy people who do not have the time to go and line up at a store. It has also served people much during the corona period, and it continues to serve people every day. However, the online platforms should avail more foods and more groceries to the customers because it is through this that health will be ensured, and therefore life will be better for most people. This is because what a person sees first and what is close to them is likely for the people to buy and have such.
In conclusion, therefore I can say it is upon the businesses and the governments to avail what is healthy to the people so that a good society is ensured at the end of it all. Therefore, money has to be balanced with what is right for society and not just what is good for the businesses’ financial stability.
References
Overby, J. W., & Lee, E. J. (2006). The effects of utilitarian and hedonic online shopping value on consumer preference and intentions. Journal of Business Research, 59(10-11), 1160-1166.
Kline, B., & Wagner, J. (1994). Information sources and retail buyer decision-making: the effect of the product-specific buying experience. Journal of Retailing, 70(1), 75-88.
Shop: Appliances, Tools, Clothing, Mattresses & More. (n.d.). Www.sears.com. https://www.sears.com
Weijters, B., Geuens, M., & Schillewaert, N. (2009). The proximity effect: The role of inter-item distance on the reverse-item bias. International Journal of Research in Marketing, 26(1), 2-12.