Module 4 – CaseGLOBAL MARKET STRATEGIESAssignment Overview U.S. Exports and Imports Finding the right country markets for export and those for import is a challenge for companies doing international b

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Module 4 – CaseGLOBAL MARKET STRATEGIESAssignment Overview

U.S. Exports and Imports

Finding the right country markets for export and those for import is a challenge for companies doing international business. There are many government, private, and public websites and databases that provide rich information on countries. This is your opportunity to use government and organization databases.

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Case 4 Resources

Types of Tariffs (2021)What is Importing and Exporting? (2020)How Importing and Exporting Impacts the Economy (2020)Strong Dollar: Advantages and Disadvantages (2020)Trade and COVID-19 (2021)

Case Assignment

Begin with the U.S. Census Bureau’s Global Market Finder: An Interactive Tool for U.S. Exporters. Randomly select a commodity (they are all presented in numbers). Click Map, Time Series, and Unit Price to find required data to complete the table.

U.S. Export Commodity

Top 5 Countries by Value

Country

Value $USD

1

2

3

4

5

3-Year Market Value

Year20xx

Year20xx

Year20xx

$

$

$

Highest and Lowest Prices

Country

Value $USD

Highest

Lowest

SOURCE: U.S. Census Bureau’s Global Market Finder: An Interactive Tool for U.S. Exporters

Describe the importance of this data for a U.S. company looking to export the commodity. (1/2 page) Research Required.

Using World Bank: World Integrated Trade Solution (WITS), research the top two countries and the country with the highest price from the table above to learn about tariffs for U.S. exports in the commodity category. From the WITS page, select “United States” and then “United States Tariff Schedule,” then select the first country to complete the table below. Find the category that reflects the commodity chosen.

U.S. Export Commodity

MFN (Most Favored Nation) Tariff

Applied Tariff

#1

#2

Highest

SOURCE: World Bank: World Integrated Trade Solution

Explain what is meant by MFN (Most Favored Nation) Tariff and Applied Tariff and how they affect exporting. (1/2 page) Research Required.

Let us turn our attention to U.S. imports during COVID using the World Bank’s Database on COVID-19 Trade Flows and Policies. Research in Medical Supplies or Food Products. Select “Information by Country Pair.”

Top right: Select United StatesSelect/Click: One Product

Complete the table for the top 5 exporters. NOTE: you can sort the tables from highest to lowest dollars or market share.

Main Exporters of

To United States

Exports (USD thousands)

Market Share %

SOURCE: World Bank Database on COVID-19 Trade Flows and Policies

Research news reports from 2020 and share how important this export was to the United States during the pandemic. Share information about shortages of this product. (1/2 page) Research Required.

No quotations are permitted in this paper. Each paragraph (except the introduction and conclusion) must contain at least one in-text citation.

Since you are engaging in research, be sure to cite and reference the sources in APA format. NOTE: failure to use research with accompanying citations to support content will result in reduced scoring “Level 2-Developing” on the grading rubric.

The paper should be written in the third person; this means words like “I”, “we”, and “you” are not appropriate. Refer to yourself in third-person as “manager” or you can write about what the “project team” will do, rather than saying “I” and “we.”

Module 4 – CaseGLOBAL MARKET STRATEGIESAssignment Overview U.S. Exports and Imports Finding the right country markets for export and those for import is a challenge for companies doing international b
BUS401Case1 Your Name Trident University International BUS401International Business Due Date BUS401Case1 Remember to always indent the first line of a paragraph (use the tab key) or paragraph formatting (see below). The introduction should be short (2-3 sentences). The margins, font size, spacing, and font type (bold or plain) are set in APA format. While you may change the names of the headings, do not change the formatting or style of font except as specified below. This template uses Times New Roman 12-point. You may also use: Calibri (11), Arial (11), Georgia (11) or Lucida Sans Unicode (10).No quotations are permitted in this paper. Each paragraph (except the introduction and conclusion) must contain at least one in-text citation. Since you are engaging in research, be sure to cite and reference the sources in APA format. NOTE: failure to use research with accompanying citations to support content will result in reduced scoring “Level 2-Developing” on the grading rubric. This is a professional paper; not a personal one based on feelings. It must be written in the third person; this means words like “I”, “we”, and “you” are not appropriate. Export Analysis Begin with the U.S. Census Bureau’s Global Market Finder: An Interactive Tool for U.S. Exporters. Randomly select a commodity (they are all presented in numbers). Click Map, Time Series and Unit Price to find required data to complete the table. U.S. Export Commodity Top 5 Countries by Value Country Value $USD 3-Year Market Value Year20xx Year20xx Year20xx Highest and Lowest Prices Country Value $USD Highest Lowest SOURCE: U.S. Census Bureau’s Global Market Finder: An Interactive Tool for U.S. Exporters Describe the importance of this data for a U.S. company looking to export the commodity. (1/2 page) Research Required. Tariff Analysis Using World Bank: World Integrated Trade Solution (WITS), research the top two countries and the country with the highest price from the table above to learn about tariffs for U.S. exports in the commodity category. From the WITS page, select “United States” and then “United States Tariff Schedule,” select the first country to complete the table below. Find the category that reflects the commodity chosen. U.S. Export Commodity MFN (Most Favored Nation) Tariff Applied Tariff #1 #2 Highest SOURCE: World Bank: World Integrated Trade Solution Explain what is meant by MFN (Most Favored Nation) Tariff and Applied Tariff and how they affect exporting. (1/2 page) Research Required. U.S. Imports and COVID Let us turn our attention to U.S. imports during COVID using the World Bank’s Database on COVID-19 Trade Flows and Policies. Research in Medical Supplies or Food Products. Select “Information by Country Pair.” Top right: Select United States Select/Click: One Product Complete the table for the top 5 exporters. NOTE: you can sort the tables from highest to lowest dollars or market share. Main Exporters of To United States Exports (USD thousands) Market Share % SOURCE: World Bank Database on COVID-19 Trade Flows and Policies Research news reports from 2020 and share how important this export was to the United States during the pandemic. Share information about shortages of this product. (1/2 page) Research Required. Conclusion Add some concluding remarks: 2 to 3-sentence conclusion. References Below are some basic rules to follow when creating a reference list: Begin your reference list on a new page. The word References should be centered and bold at the top of the page. Double-space your reference list. For each author, list the last name first followed by the initials for their first and middle names. Arrange your reference list alphabetically by the last name of the author. Use a hanging indent after the first line of your citation (Word does this for you). Type your entry and then click “Paragraph” on the HOME tab to create the “hanging indent.” APA has a handout for the most common types of references.

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