Need economics help with International Trade
Assignment 1: LASA 2: International TradeVisit the U.S. Government Web site, TradeStats Express: http://tse.export.gov/TSE/TSEReports.aspx?DATA=NTDFind 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 MicrosoftWord discussing the trade balance between China and the U.S. for themost recent five year period. In your discussion, include an analysis ofthe effect of such trade balance on the economies of China and theU.S., both individually and comparatively. Justify your discussion andanalysis by using appropriate examples and references. Include in yourreport an analysis of the impact on the U.S. economy of the situationwhere China holds such a large amount of the U.S. debt.By Monday, December 7, 2015, submit your responses to the M5: Assignment 1 Dropbox.Assignment 1 Grading Criteria Maximum PointsAccurately 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)48Researched and analyzedthe impact of foreign trade between the two countries and their economicgrowth 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)72Provided adequate andappropriate examples and references to justify conclusions. Used avariety of credible texts, Web sites and other references.48Discussed 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)72Organization (16 points): Introduction, Transitions, and ConclusionUsage and Mechanics (16 points): Grammar, Spelling, and Sentence structureAPA Elements (20 points): Attribution, Paraphrasing, and QuotationsStyle (8 points): Audience and Word Choice60Total:300
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