Global Capitalism International Business Essay

Global Capitalism International Business Essay

Table of Contents

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Instructions

Global Capitalism International Business Essay

Grading is based on the clarity of the thesis statement, reasoned support of the argument, and inclusion of material from course readings and lectures.

Course readings/material from following books up to chapter 8.

Frieden, Jeffry A. 2006. Global Capitalism: Its Fall and Rise in the Twentieth Century. W.W. Norton. ISBN 0393058085 • Frieden, Jeffry A., David A. Lake and J. Lawrence Broz. 2017. International Political Economy: Perspectives on Global Power and Wealth. 6th ed. W.W. Norton. ISBN-13: 978-0393603880. THIS EDITION ONLY

ESSAY QUESTION:

Scenario: You are the senior trade policy adviser to the president of “Freedonia.” The president is considering signing a free trade treaty with the neighboring country of “Utopia.” Your task is to assess the potential economic and political effects of this treaty. You recognize that the two countries are quite different economically. Your country has lots of capital (machinery) and skilled workers in comparison to Utopia, but very little farmland. By contrast, Utopia’s economy has less capital and fewer skilled workers in comparison to Freedonia, but lots of farmland.

If the president decides to sign the treaty, it goes to Freedonia’s Congress for approval. Freedonia has a bicameral legislature, with a House of Representatives and a Senate, and the trade treaty must pass both houses. In the House, there are more representatives that defend the interests of capitalists and skilled workers than representatives that defend the interests of farmers. In the Senate, by contrast, senators from farming states are in the majority.

1. Would a free trade agreement with Utopia be good or bad for Freedonia as a whole? Why?

   2. With free trade, what types of products would Freedonia export to Utopia and what types of products would Utopia export to Freedonia? Why?

RUBRIC
Excellent Quality 95-100%	Introduction 45-41 points The background and significance of the problem and a clear statement of the research purpose is provided. The search history is mentioned.		Literature Support 91-84  points The background and significance of the problem and a clear statement of the research purpose is provided. The search history is mentioned.			Methodology 58-53 points Content is well-organized with headings for each slide and bulleted lists to group related material as needed. Use of font, color, graphics, effects, etc. to enhance readability and presentation content is excellent. Length requirements of 10 slides/pages or less is met.
Average Score 50-85%	40-38 points More depth/detail for the background and significance is needed, or the research detail is not clear. No search history information is provided.		83-76  points Review of relevant theoretical literature is evident, but there is little integration of studies into concepts related to problem. Review is partially focused and organized. Supporting and opposing research are included. Summary of information presented is included. Conclusion may not contain a biblical integration.			52-49  points Content is somewhat organized, but no structure is apparent. The use of font, color, graphics, effects, etc. is occasionally detracting to the presentation content. Length requirements may not be met.
Poor Quality 0-45%	37-1 points The background and/or significance are missing. No search history information is provided.		75-1 points Review of relevant theoretical literature is evident, but there is no integration of studies into concepts related to problem. Review is partially focused and organized. Supporting and opposing research are not included in the summary of information presented. Conclusion does not contain a biblical integration.			48-1 points There is no clear or logical organizational structure. No logical sequence is apparent. The use of font, color, graphics, effects etc. is often detracting to the presentation content. Length requirements may not be met
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