1. International Trade (kern)
Assignment 1: LASA 2: International TradeVisit the U.S. Government Web site:
http://www.export.gov/tradedata/index.aspGo to the Import/Export Data link.Find
TradeStats Express.Find National Trade Data.Determine the trade balance between the U.S.
and China for the most recent five year period.Illustrate the trend over this period with a
graph of the data.Based on the data provided, create a report in Microsoft Word discussing
the trade balance between China and the U.S. for the most recent five year period. In your
discussion, include an analysis of the effect of such trade balance on the economies of China
and the U.S., both individually and comparatively. Justify your discussion and analysis by
using appropriate examples and references. Include in your report an analysis of the impact
on the U.S. economy of the situation where China holds such a large amount of the U.S.
debt.By Saturday, February 1, 2014, submit your responses to the M5: Assignment 1
Dropbox.Assignment 1 Grading Criteria Maximum Points Accurately determined the
trade balance between China and the U.S. for the most recent five year period. (40 points)
Illustrated the trend over this period with a graph of the data. Cited the source. (8 points)
48 Researched and analyzed the impact of foreign trade between the two countries and
their economic growth during this period. (8 points) Discussed the issues, concerns, and
ramifications of the trade balance on China’s economy.(20 points) Discussed the issues,
concerns, and ramifications of the trade balance on the U.S. economy. (20 Points) Compared
the impact of trade balance between China and the U.S. for this period. (20 Points) Used
appropriate terminology (4 Points) 72 Provided adequate and appropriate examples
and references to justify conclusions. Used a variety of credible texts, Web sites and other
references. 48 Discussed the nature and possible future effects upon the U.S. economy.
(30 Points) Discussed the ability of the U.S. to sustain growth and development. (20 Points)
Justified these conclusions with appropriate data and other resources.(20 Points) Used
appropriate terminology. (2 Points) 72 Organization (16 points): Introduction,
Transitions, and Conclusion Usage and Mechanics (16 points): Grammar, Spelling, and
Sentence structure APA Elements (20 points): Attribution, Paraphrasing, and Quotations
Style (8 points): Audience and Word Choice 60 Total: 300
