The U.S. currently trade deficit with China of about 1 trillion dollars. Why is this bad for the U.S. economy
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- 28% is the US According to an article by Hiroko Tabuchi and Michael Corkery, in the New York Times, “Exports of US plastic garbage rise, despite ban.” When more than 180 nations agreed last year to place strict limits on exports of plastic waste from richer countries to poorer ones, the move was seen as a major victory in the fight against plastic pollution. [But,] Data for January showed that exports of scrap plastic from the United States edged upward, to 48 million tons from 45 million tons the previous January. Exports to poorer nations were virtually unchanged from a year ago, totaling 25 million tons. Advocates say that there are clear red flags in the data. Malaysia, which had signed on [to the agreement], remained a major destination for US scrap plastic in January. a. How many pounds did each American contribute on average to the amount of scrap plastic exported from the USA to poorer nations like Malaysia in 2020? What was the percent (%) increase in total scrap plastic…Question 1 Why did Amazon fail in China? Hint:CAGE, national industry dynamics).Question 2) Answer the question below by reviewing the case study provided below: Crowd farming platform Livestock Wealth is planning to establish presence in the Southern AfricanDevelopment Community (SADC) region over the next year after growing its asset valuation tobecome a R100 million business. The fintech platform says it has seen increased demand for itsinvestment products and services, particularly since the onset of COVID-19, as the pandemicfundamentally re-shapes the world of investment portfolios, with more South Africans seekingfinancial security.Developed by KwaZulu-Natal-born electro-mechanical engineer Ntuthuko Shezi, in 2015, LivestockWealth offers people with no access to land, time or skills the opportunity to own livestock withina professionally managed farming operation. Through the Web and mobile application, investorsare able to invest their money in cows and agricultural food products, rather than in unit trusts,shares or exchange-traded funds. In a telephonic…
- COVID-19 all around the world has restricted the economic activity. To stop the spread of the virus Pakistan like many other countries adopted the policy of smart lockdown. Shutting down of the industry has created adverse supply shock in the economy. While, the slowdown in business and economic activities the country is in the recessionary phase of the business cycle as the GDP growth for the FY 2020-21 is expected to be -0.2 accompanied by high unemployment and poverty rate. Part a : Reflecting on the above situation justify whether the State Bank of Pakistan should opt for easy or tight monetary policy as a stabilization policy. Also illustrate it graphically.Question 1) Answer the question below based on the case study provided: Crowd farming platform Livestock Wealth is planning to establish presence in the Southern AfricanDevelopment Community (SADC) region over the next year after growing its asset valuation tobecome a R100 million business. The fintech platform says it has seen increased demand for itsinvestment products and services, particularly since the onset of COVID-19, as the pandemicfundamentally re-shapes the world of investment portfolios, with more South Africans seekingfinancial security.Developed by KwaZulu-Natal-born electro-mechanical engineer Ntuthuko Shezi, in 2015, LivestockWealth offers people with no access to land, time or skills the opportunity to own livestock withina professionally managed farming operation. Through the Web and mobile application, investorsare able to invest their money in cows and agricultural food products, rather than in unit trusts,shares or exchange-traded funds. In a telephonic interview…Question AIB’s Vision We aspire to remain the most reputable financial institution and bank of choice in Afghanistan AIB’s Mission Our mission is to foster economic development in Afghanistan, to be a catalyst for growth, and ultimately contribute to the prosperity of the country and its people. Answer the following questions: a) Specify the type of the above-mentioned vision statement of the bank? b) Develop an appropriate “quantitative type” vision statement for the bank?
- QUESTION 3 Another solution for antibiotic resistanceis the development of new drugs that defeat resistant bacteria. Such research and development has a high fixed cost and can only be undertaken in industries with high market concentration where firms have significant monopoly power,like the pharmaceutical industry. Examine thisindustry using the theory and models of industry structure. Should government be worried about any aspect of how an industry with this market structure will perform?D3) Finance How to increase air tr control revenues in Libyan air transportation 1. Indicate whether the supply or Demand curve would shift to the right, shift to the left or movement along the demand/supply curve under each of the following instances. Most of the Namibian drivers are considering using petrol rather than diesel. What would happen to the demand curve for diesel? The government decides to increase the corporate tax payed by transport operators. What would happen to the supply of transport service? What would happen to the demand for freight transportation as the demand for hand sanitizers increase? During this period all government employees as well as those in state Owned Enterprises and private sector are to operate from home, except those providing critical services. What would happen to the demand for taxis and public transport?
- Oman’s government will finance most of its budget shortfall in 2021 by borrowing to plug a fiscal gap battered by a decline in oil prices and the coronavirus pandemic. The Persian Gulf state is looking into borrowing that will cover 73%, or 1.6 billion rials ($4.2 billion), of the country’s 2.2 billion-rial shortfall, with the remaining 600 million rials to be drawn from its reserves, according to a post on Twitter by the state-run Oman News Agency on Friday. The government based its 2021 budget plan on an oil price of $45 per barrel. Other highlights from Oman’s 2021 budget: Expenditure is set to fall to 10.8 billion rials, a 14% drop from the previous year. 2021 revenue is set to fall to 8.6 billion rials, a 19% decline. Budget deficit at 8% of gross domestic product in 2021, 2.2 billion rials. Oman has taken measures such as reduced spending and plans to impose a 5% value-added tax in 2021. It will implement developmental projects valued at 371 million rials as part of the effort…Q1. Provide a brief description of Globalization and indicate three (3) ways that Globalization is impacting your country’ competitive advantage.Direct Selling in China With over 1.2 billion people China represented an extremely attractive market for direct sellers such as Amway, Avon Products, Mary Kay Cosmetics, Sara Lee, and Tupperware. Also, in the 1990s the restructuring of state-owned enterprises had reduced workforces, providing an ample supply of people interested in becoming direct sellers, many of whom made door-to-door sales calls. With the Asian and Russian financial crises beginning in 1997 the supply of potential direct sales personnel increased further. In 1995 Amway opened a factory in Guangzhou and began sales in China. By 1997 it had 70,000 independent sales agents in China producing revenue of $178 million.62 Avon’s revenue in China was $75 million. Companies such as Amway and Avon operated by enlisting independent sales agents who bought product from the company and sold it door-to-door. Amway used its standard business model in China with the exception that all other markets were supplied from U.S.…