Assignment: Comparative and Absolute Advantage in International Trade In this Assignment, you will be assessed on the following outcomes: GEL-1.2: Demonstrate college-level communication through the composition of original materials in Standard English. Unit 2 [BU224: Microeconomics] PC-4.1: Assess the value of multiculturalism and diversity in a global environment. v.6.16.171 of 4 Assignment An effective understanding of economics forms the foundation of every manager’s, entrepreneur’s, bureaucrats, and leader’s ability to analyze business situations and to develop an appropriate response. The globalization of business is a fact of life for all business professionals. One of the most contentious issues in today’s global business world is the issue of closing local manufacturing facilities, laying off those American workers, and re-opening the same manufacturing facility in an Asian, or other third world country. Look in your own closet at the clothes you have purchased. Pick any 10 items of clothing and look at the labels in those clothes. Where were they manufactured? How many of the 10 items were manufactured here in America? If that same exercise had been done 50 years ago, (approximately the 1970s), all the clothes you owned would have been manufactured in textile mills in the Southeastern United States (Georgia, Alabama, Mississippi, North Carolina, South Carolina, etc.). All those Southeastern textile mills are now closed, and people buy foreign made clothes. If you were able to go further back in time to 150 years ago (1870s), the clothes you owned would have been manufactured in textile mills in the Northeast United States (Maine, New Hampshire, Vermont, Massachusetts, etc.). Yet, by the early to mid-1950s, those Northeastern textile mills were closed and their workers were out of a job. The mills had all relocated to the Southeast during the years following the Civil War. Many people say that we should ban the import of these foreign made clothes, so that more workers in American clothing textile mills could have jobs. Others say that we should continue to import clothing because imported clothing is relatively less expensive and more people can afford to buy more clothes at these low prices. Still others say that we should put an import tariff (an extra tax that would be paid when we buy these imported clothes), making the price of imported clothing comparable to the price of clothing made in the U.S., and, therefore, encouraging American consumers to buy American-made clothing. Questions Before answering the following questions, review the Assignment Checklist. Then, in a separate Word document, answer the following questions in a 3–4 page expository research paper: 1. Considering what you have learned about “comparative advantage” and relative “marginal opportunity costs,” discuss the advantages and disadvantages to all involved parties (American workers, American consumers, foreign workers, and foreign consumers) of.

1. Assignment: Comparative and Absolute Advantage in
International Trade
In this Assignment, you will be assessed on the following
outcomes:
GEL-1.2: Demonstrate college-level communication through the
composition of original materials in Standard English.
Unit 2 [BU224: Microeconomics]
PC-4.1: Assess the value of multiculturalism and diversity in a
global environment.
v.6.16.171 of 4
Assignment
An effective understanding of economics forms the foundation
of every manager’s, entrepreneur’s, bureaucrats, and leader’s
ability to analyze business situations and to develop an
appropriate response. The globalization of business is a fact of
life for all business professionals. One of the most contentious
issues in today’s global business world is the issue of closing
local manufacturing facilities, laying off those American
workers, and re-opening the same manufacturing facility in an
Asian, or other third world country.
Look in your own closet at the clothes you have purchased. Pick
any 10 items of clothing and look at the labels in those clothes.
Where were they manufactured? How many of the 10 items were
manufactured here in America? If that same exercise had been
done 50 years ago, (approximately the 1970s), all the clothes
you owned would have been manufactured in textile mills in the
Southeastern United States (Georgia, Alabama, Mississippi,
North Carolina, South Carolina, etc.). All those Southeastern
textile mills are now closed, and people buy foreign made

2. clothes. If you were able to go further back in time to 150 years
ago (1870s), the clothes you owned would have been
manufactured in textile mills in the Northeast United States
(Maine, New Hampshire, Vermont, Massachusetts, etc.). Yet, by
the early to mid-1950s, those Northeastern textile mills were
closed and their workers were out of a job. The mills had all
relocated to the Southeast during the years following the Civil
War.
Many people say that we should ban the import of these foreign
made clothes, so that more workers in American clothing textile
mills could have jobs. Others say that we should continue to
import clothing because imported clothing is relatively less
expensive and more people can afford to buy more clothes at
these low prices. Still others say that we should put an import
tariff (an extra tax that would be paid when we buy these
imported clothes), making the price of imported clothing
comparable to the price of clothing made in the U.S., and,
therefore, encouraging American consumers to buy American-
made clothing.
Questions
Before answering the following questions, review the
Assignment Checklist. Then, in a separate Word document,
answer the following questions in a 3–4 page expository
research paper:
1. Considering what you have learned about “comparative
advantage” and relative “marginal opportunity costs,” discuss
the advantages and disadvantages to all involved parties
(American workers, American consumers, foreign workers, and
foreign consumers) of continued importation and acceptance of
foreign made goods into U.S. markets.
2. Compare and contrast the advantages and disadvantages of
instituting an import tariff, or an outright ban on the
importation of certain goods into U.S. markets.
3. Include in your research American trade agreements such as
the NAFTA (North American Free Americas Agreement) and the

3. proposed trade agreements of the FTAA (Free Trade Area of the
Americas), TAFTA (Transatlantic Free Trade Area), and the
Trans-Pacific Partnership. What are the main pros and cons
argued in favor, and against these trade agreements? Why do
you think each party feels the way they do about the issues?
4. In considering the foreign trade issue, discuss the benefits
and challenges between Americans and the cultures of the
citizens of the various trading partner countries with which
these trade agreements are made. Discuss the importance of
your ability to understand and accept cultural differences in a
global context. What recommendations would you suggest to
increase American understanding and acceptance of foreign
cultures?
Assignment Checklist:
· Write your paper in a separate Word document.
· Unless specified differently by your course instructor, save
your Assignment to your computer with the following file
naming format: Course number_section number_Last_First_unit
number
· Your title page should, at a minimum, contain the following
information: Your Name, Course Number, Section Number,
Date, and the Title of your paper
· Write a 3–4 page paper (in addition to the title and reference
pages) following APA format with citations to any quoted, or
paraphrased sources. Your written research should also be in
Standard English with correct spelling, punctuation, grammar,
and style (double spaced, in Times New Roman, 12–point, and
in black font).
· Your paper should provide a clearly established and sustained
viewpoint and purpose.
· Your writing should be well ordered, logical and unified, as
well as original and insightful.
· A separate page at the end of your research paper should
contain a list of a minimum of three cited and referenced

4. academically credible references, in proper APA formatting.
· Cite and reference your academically credible sources from
the Library and any other academically oriented online sources.
Review the APA formats found in the Writing Center.
· Review the Rubric below to ensure all points have been
captured in the paper.
Directions for submitting your Assignment
Be sure to respond to all the questions using the critical
elements listed in the Assignment Checklist and submit your
paper to the Unit 2 Assignment Dropbox by Tuesday, midnight
ET of this unit.
Unit 2 Assignment: Comparative and Absolute Advantage in
International Trade
International Trade Content (30%)
Possible
Possible
Points
Earned
Discuss how the concepts of Absolute Advantage and
Comparative Advantage relate to international trade and discuss
the attitudes both in favor of and against the U.S.’s continued
encouragement of free trade.
12
Multiculturalism Content (20%)
Develop and discuss your recommendations for how to
encourage Americans to have a more accepting attitude toward
other cultures and how that acceptance will further economic
conditions world-wide.
8

5. Analysis (30%)
Analysis and critical thinking regarding the international trade
12
Writing(20%)
Grammar, spelling, and paragraph composition.
4
References
4
List all of your references according to APA format and in–text
citations. Includes a minimum of three cited and referenced
academically credible sources.
LATE Paper Deduction
0
Total Points Earned
40
Criteria to be applied to the Multiculturalism Content (20%) of
the paper:
PC-4.1:
Assess the value of multiculturalism and diversity in a global
environment.
No Progress

6. 0
Student work demonstrates no understanding or progress
towards achievement of this outcome.
Introductory
1
Student work demonstrates the ability to identify
multiculturalism and diversity issues.
Emergent
2
Student work demonstrates the ability to identify
multiculturalism and diversity issues, and articulate them in a
global context.
Practiced
3 or 4
Student work demonstrates the ability to identify, articulate,
and explain a multiculturalism and diversity issue in a global
context.
Proficient
5 or 6
Student work demonstrates the ability to analyze the benefits of
multiculturalism and diversity in a global context.
Mastery
7 or 8
Student work demonstrates the ability to analyze the benefits
and challenges of multiculturalism and diversity in a global
context and recommend solutions.
Discussion
Topic: Scarcity

7. Solution
s
Do some research on the country of Ethiopia and discuss:
a. Who in the Ethiopian society has the most difficult time
dealing with scarcity?
b. What do they need most?
c. How can their society provide for their wants and needs?
d. Why are they so impoverished?
e. What can their governments do to help, or hinder their
country's development?
f. Could Ethiopia become a world-class producer and exporter
of goods? How would Ethiopia compare with Japan? Japan is a
country relatively POOR in natural resources, yet it is an
economic world powerhouse. What are the differences between
the two countries?
Assignment
Please see attached for the assignment
Assignment: Employee Behavior and Job Satisfaction

8. Good employee engagement is key to an efficient and effective
organization. Understanding job attitudes and job satisfaction is
imperative to creating an organization that is productive.
The following Course Outcome is assessed in this Assignment:
MT302-1: Describe the impact of individual behavior on
business outcomes.
Read the fictional scenario and respond to the checklist items in
a 2–3 page paper with an additional title and references page.
Scenario (fictional): The following four employees have
different attitudes towards their jobs and different levels of job
satisfaction which impacts their behavior on the job at this
beverage company. You are the HR Director who is becoming
concerned regarding the behavior of some employees at work.
Read the following background information on each of the four
employees and address all the checklist items.
Employee #1: Marketing product manager: She experiences
cognitive dissonance every time her boss tells her she should
not worry about the lower end of the market as “those people
don’t have much buying power” when the company’s values
statement says that the company values the welfare of everyone
everywhere. She is frequently late to work and her boss has
given her a warning as result.
Employee #2: Chemist: He is in a highly visible job creating
new products that creates a lot of stress and works 12-hour
days. He is loyal but feels depressed by the constant work. He is

9. starting to look at job openings online in his off-hours.
Employee #3: Loading dock manager: This representative works
the 12am –7am shift. She does what is required but complains in
the employee breakroom about the offices and work conditions
when she is on break. The other employees tend to agree with
her when she complains. Lately the Distribution Supervisor has
noted employees’ reduced effort on the shift.
Employee #4: Quality control administrator: He is the sole
Asian in the organization and feels isolated as though he is just
a placeholder versus really making a recognized difference in
the organization. The company promotes itself as a diverse
organization, which he knows is not true. He feels as if
everyone expects him to fail since not many people engage with
him, including his boss, on any regular basis.
Checklist:
The four employees have different attitudes and levels of job
satisfaction.
· Describe the attitudes and job satisfaction of each of the four
employees.
· Categorize and explain the responses the employees have to
dissatisfaction based on the Reading.
· Explain how the above attitudes and job satisfaction for each
employee impacts the organization in terms of profit, employee
turnover, and affecting other employee attitudes.
· Include at least 2 scholarly* citations with accompanying

10. references regarding attitudes and job satisfaction and the
impact on the organization that support your responses to the
checklist item above.
· Explain what each of the managers of the four employees can
do to change the employees’ attitudes for the better (referencing
at least one of Mintzberg’s managerial roles to explain your
response).
Submit your 2–3 page APA formatted and citation styled
paper with additional title and reference pages to the Dropbox.
*Scholarly sources have been put through a peer-review by
experts to ascertain that the content is original, proves any
statements or claims with viable research, etc.
Select “Library” under the Academic Tools area. Then select
“Limit to: Peer Reviewed” before doing your search on a topic.
Access the rubric
Discussion
Discussion Overview
As you read in your text, organizations must consider diversity
because the workforce has become increasingly diverse as have
the customers.
Topic: Diversity and Job Satisfaction
Scenario (fictional): Silvan Container Works is a mid-sized
organization that is also global. They sell most of their
containers internationally although they are based in the U.S.

11. The company’s containers are made with natural raw materials
such as clay, stone, and natural woven fibers to create
containers that are safe for a multitude of personal and
industrial uses. They have a customer service department call
center that is located in Germany where the customer service
representatives (CSRs) are quadrilingual. The CSRs’ first
language is German because management required they be
native born German citizens with at least 15 years customer
service experience when they were hired. The CSRs are a close
knit group, and share stories with each other regarding their
customers between their shifts and during their scheduled
breaks in the employee break room. Their biggest complaint has
been their lack of control over affecting results or problem
resolution for their customers on the job.
Lately there have been excessive complaints logged into the
Customer Relationship Management (CRM) System to which all
the managers have access. There are customer complaints that
the CSRs misunderstand the customer’s concerns and that they
demonstrate a lack of empathy.
· Discuss the potential problems and opportunities based on the
limited information in the scenario and based on your Chapter 2
Reading concerning diversity.