This assignment have two parts:
Part 1: An article review : Post a “link” to an interesting article, not the article itself, and give a summary of it and how it is related to international business, and then of course your opinion on its content ( 100 words minimum) and not simply “this is an interesting article on…”). You will then meaningfully respond to other article of your classmates ( 50 words minimum) and not simply “that was an interesting article…”). The article should be recent article that talk about one or two of these issues surrounding globalization, differences in political economies and economic development of nations, culture, ethics and corporate social responsibility, trade theory and government policy, FDI, Regional Economic Integration, Foreign Exchange Markets, International Monetary Systems, the Strategy of International Business, and Importing and Exporting.
Part 2: Answer the 4 following questions seperatly that’s mean number each response because it’s not a paper they are seperated questions an each one should have a response of 150 words minimum.
1) Who are Michigan’s major trading partners (countries) and how much trade occurs with Michigan and other countries?
2) Describe the recent implications of tariffs on trade in Michigan.
3) Explain what determines the exchange rate and the effect it has on importing and exporting.
4) How and why have interest rates changed and what will higher or lower rates likely mean for the balance of payments in the United States?