Browse our Free Essay examples and check out our Writing tools to get your assignments done.
Paper #1
The
research and application papers, are to be original works over material
recently discussed in class. Outside material, such as the textbook, articles,
news reports, quotes, etc., may be used as references to supplement the paper,
and must be cited. Keep references from the text to a minimum.
Minimum 3 pages – Maximum 4 pages – PLUS Title Page and a
Citations Page:
Typed, each paper is to be 3 – 4
pages, double spaced. This does not include the
citations page. If you include
outside work, provide references, sources of data, etc., on a separate page, a
“Citations Page” - the citations page is
in addition to the 3 – 4 pages of
your paper.
Run a
word count on your essay. A four - page
essay, double spaced, might contain anywhere from 1,000 to 1,400 words. Your essay should contain a minimum of 850
words.
From the syllabus:
ACADEMIC
INTEGRITY: “…Academic integrity is to be maintained at all times to
insure genuine educational growth.
Cheating and plagiarism in all forms, therefore, will be subject to
disciplinary action. Serious infractions
will be reviewed by an ad hoc committee,
appointed by the appropriate dean. Appropriate sanctions will be imposed.”
PLAGIARISM: Plagiarism-the
appropriation or imitation of the language or ideas of another person and
presenting them as one’s original work-sometimes occurs through carelessness or
ignorance. Students who are uncertain about proper documentation of sources
should consult their instructors.
Tips for the
papers ---
·
Run a spell-check on your paper. (Points off for spelling errors.)
·
3 to 4 pages refers to a minimum of 3 complete pages – one sentence on
a page does not make the grade.
·
Read it aloud to someone – does your listener understand the points you
are making?
·
Personal experiences may be used – SPARINGLY! - keep it limited. Focus on the topic as it applies to economics
and business in general
Paper #1 Trade-offs/Gains
from Trade
·
Possible discussion points: Why people/nations trade; opportunity costs;
absolute/comparative advantage; Adam Smith – “The Invisible Hand”
Trade-offs/Gains from Trade
Student's
Name
Institution
Course
Name/Number
Instructor
Due Date Trade-offs/Gains from Trade
No
particular economy can produce all products and services it requires to
survive. Every economy generates some products in excess and experiences a deficit
in others. Trade is the primary factor useful in maintaining economic stability
through selling surplus and buying deficit products (Federico & Tena-Junguito,
2017). Countries engage in international trade to maximize their earnings from resource
utilization through effective specialization and division of labor realized by
careful evaluation of comparative advantages and opportunity costs.
Why do people/nations trade
Nations trade with each other if they do not have sufficient resources and capacity required to meet their needs and wants. Additionally, countries endowed with surplus resources exploit and develop such domestic resources to create surplus products which they trade with other countries for the resources they require. International marketing is fundamental in the global economy since it enables the development and prosperity of the modern industrialized world. According to Mankiw (2021), traders import products...
