Friday 12 April 2013

Summary Of Research Paper Cites :)

Cite 1

  • Name of Website: The Guardian 
  • Writer: Xie Xiaoping

Tuesday 9 April 2013

Beginning of the Research Paper


Economics Research Paper

Question: Since Apple and China have a very good relationship, who should take responsibility for the pollution?

Justification

·       The rapid growth in china with the addition of the pollution from Apple, I want to know who should be responsible.
·       Being American I want to know if we are the reason for the pollution.
·       I also chose this question because I think that Americans should take responsibility and they should also just produce apple products in the US.  

Case Study Questions


Case Study Questions

Specialization means to produce those goods and services which you can make most efficiently and with the greatest cost advantage.

What good did Mr. Sanchez specialize in?
·         Mr. Sanchez specialized in personalized computer id cards
What were his reasons?
·         He was an engineer and he loved to make products
What are some examples of specialization in the global context? Are there particular regions or countries that have historically specialized in a product or group of products?
·         Computer products. Yes, for example Japan and there they specialize in the mass production electronic devices.

What are the reasons for that historic specialization? Are there regions or countries that have only recently begun to specialize in a product or group of products?
·         The reason for specialized products is because countries need to have a special product that they can trade with other countries. For example America has begun to make some of their own products, for example Asia has been known for the products they make but recently America has started to make their own electronics. For example Apple.
What changes in technology, trade, or other areas do you think lead to this specialization?
·         I think that this specialization was made because of the upgrade in agriculture and technology, so then a place with good electronics can trade with people with good agriculture.
What types of decisions did Mr. Sanchez make? What types of actions did the government take?
·         Mr. Sanchez made the decision to lower his prices so that he could compete with the other countries. The government still taxed him for the work he did. 
How did those decisions or actions affect the success or failure of the business?
·         These decisions hurt his business because then he got a smaller amount of profit. Also he had to pay his workers which made it even harder for him to get profit.
What factors might have led Mr. Sanchez to make a decision other than the one he chose?
·         If he was making more money  in his business  he would have not have lowered his prices. If the other countries weren’t selling the same product for less, then he also would have not had to change his prices.
How would access to information affect the decisions made by Mr. Sanchez?
·         If he had known more about the economy then he would have known that other countries would eventually make the same product as him and eventually make him lower his process. If he would have known this then he wouldn’t have had to change his prices.
To export means to sell goods or services to foreign markets.


To what countries did Mr. Sanchez export his devices?
·         India and Japan
In some countries, export-oriented industries are the primary source of employment.

What are the advantages and disadvantages of relying heavily on exports?
·         If  the other countries stop wanting the product then you will have no business because you didn’t rely on your own country. But on the other hand an advantage would be if the country is in desperate need for your product then they will keep buying it and you will have a huge business. 
How might a strong export-oriented economy affect employment?
·         It will be effected in a positive way because if you are constantly exporting then you are giving people in your own country more jobs, whereas if you are constantly importing then you are preventing your country from having as many jobs.

Can you think of an example in which a country relies almost completely on export of one good?
·         U.A.E. *oil*
How has this affected the country?
·         It has earned them a good amount of profit, and it helps them
To import means to sell goods or services made in other countries in your home market


What products discussed in the case study were imported into the United States?
·         Personalized computer id cards
How did this affect Mr. Sanchez?
·         This affected him badly because the US dollar was weak at the time
What imported products are available in your community?
·         In Africa there is: export a lot of Minerals,
·         Gold, Coal, Iron, Platinum, Uranium, Chromium, Cement is exported from Egypt and Morocco.
Is there any additional value associated with the importation of any of these products (i.e., French wine, Italian shoes, Japanese electronics)?
·         Yes there is value because in the 3rd world countries in Africa this minerals help them to get more money and tends to be the only source of money
What affect on a country’s culture might result from widespread availability of imported goods and services?
·         Making things available for people everywhere is a good thing because it gets the country more money and  stuff.
A trade barrier is a governmental policy that affects the flow of trade.

What trade barrier, put in place by the government, initially helped Mr. Sanchez?
·          
What happened when that barrier was removed?
What are some products that have barriers or tariffs restricting their trade (imposed either by the US or its trading partners)?
·         When they tax to high on the product this stops a lot of buyers from buying the product.
How might a barrier based on communication, trust, and reluctance to import US products (such as in Japan) differ from a formal trade barrier?
·          
With this example, why might a removal of a formal trade barrier have little or no effect?
What are the dangers of removing a trade barrier?
·         Buyers would take advantage of it
What were the goals of Mr. Sanchez in opening his factory
·         He just wanted to make his product and sell it without any problems in his business
What were the goals of U.S. government policy when Mr. Sanchez opened his factory?
·         The US was trying to get money with the high tariff and taxing all of the exports out of the country .
How did these goals change over time? Why do you think they changed?
·         They would tax  high if the economy was bad or vise versa.
jilauren Williams