GP

Assignment 3 Preparations

1. Read Chapter 3 in the Business – A Changing World text.

2. View the Chapter 3 Presentation available in the Assignment 3 folder.

3. Review the Wall Street Journal articles linked to below.

4. Read the See for Yourself Videocase on pages 101-102 in the text. View the Video titled “Electra Bikes: Better, Cooler, Awesomer!” found in the Assignment 3 folder.

Assignment 3 Requirements

1. Develop written responses for the following Check Your Progress question from page 99 in the textbook: CYP 1, 2, and 5.

2. Develop written responses for the Get Involved question 1 from page 99 in the textbook.

3. Develop written responses for the following questions related to the WSJ articles linked to below:

1. Has the United States trade deficit increased or decreased in the last twenty-five years? (Use Table 3.1 in the text for data or search online at https://www.census.gov/foreign-trade/statistics/historical/gands.pdf Is this good news or bad news for the U.S economy? Explain.

2. Who ultimately pays the cost of tariffs? Discuss.

3. What possible benefits could develop for the U.S. with the new USMCA trade agreement? What possible threats may develop? Discuss.

Possible Links: https://ustr.gov/trade-agreements/free-trade-agreements/united-states-mexico-canada-agreement https://www.wsj.com/articles/lighthizer-charms-congress-but-struggles-to-sell-usmca-11563355920?mod=searchresults&page=1&pos=7

4. Develop written responses for the three See for Yourself Videocase questions found on page 102 of the text.