Question.4217 - ECO-202-18540-M01 Macroeconomics … Module Two Short Paper Guidelines and RubricModule Two Short Paper Guidelines and Rubric - ECO-202-18540-M01 Macroeconomics 2025 C-1 (Jan - Mar)ECO 202 Module Two Short Paper Guidelines and RubricScenarioFor this assignment, assume that American and Japanese workers can each produce four cars per year. An American worker can pro can produce 5 tons of grain per year. To keep things simple, assume that each country has 100 million workers.DirectionsUsing the template provided in the What to Submit secon, develop a short paper analyzing the internaonal trade dynamics of th the textbook and your own research.Specifcally, address the following:1. Producon Possibility Froner (PPF) ModelA. For the United States, how many workers are needed to make one car? How many are needed to make one ton of grain car? How many are needed to make one ton of grain? Fill in Table 1 in the template. (See Figure 1 The Producon Possib an example.)B. Insert a producon possibilies froner (PPF) graph from the textbook or a reputable online source (see the Supporng explain in two to three sentences what a PPF graph demonstrates and how it illustrates the idea of efciency. Opportunity Cost For the United States, what is the opportunity cost of a car? What is the opportunity cost of grain? For Japan, what is th of grain? Fill in Table 2 in the template. (See Table 1 The Opportunity Cost of Meat and Potatoes, Mankiw 3-2b: Opportunity Cos Interdependence and Gains From Trade Which country has an absolute advantage in producing cars? Which country has an absolute advantage in producing gra Which country has a comparave advantage in producing cars? Which country has a comparave advantage in produci Without trade, half of each country’s workers produce cars, and half produce grain. What quanes of cars and grain do Arguments for Trade Research a current news arcle on internaonal trade that supports economists' arguments favoring free trade agreeme This assignment was adapted from the textbook Principles of Economics (10th edion) by N. G. Mankiw (2024).What to SubmitTemplate: Module Two Short Paper TemplateUse this template to create and submit your short paper for grading. Sources should be cited according to APA style.Supporting MaterialsThe following resources support your work on the assignment:Video: How to Use Snipping Tool (Beginners Guide) (5:23)PC users can use this tutorial to learn how to snip, copy, and paste your data visualizaons into the project template.A caponed version of this video is available: ECO-201: How to Use Snipping Tool Beginners Guide (CC).Resource: Is There a Snipping Tool for Mac? Four Best Snipping ToolsMac users can use this tutorial to help snip, copy, and paste your graph into your template.https://learn.snhu.edu/d2l/le/content/1799490/viewContent/38224125/View 2/5 1/31/25, 11:42 AM Module Two Short Paper Guidelines and Rubric - ECO-202-18540-M01 Macroeconomics 2025 C-1 (Jan - Mar) Module Two Short Paper Rubric Criteria Profcient (100%) Needs Improvement (55%) Producon Possibility Completes Table 1 in the template, Shows progress toward profciency, but Does Froner (PPF) Model includes an appropriate producon with errors or omissions possibilies froner (PPF) graph, and explains in two to three sentences what a PPF graph demonstrates and how it illustrates the idea of efciency Opportunity Cost Idenfes the opportunity cost of a car and Shows progress toward profciency, but Does of grain for the United States and Japan with errors or omissions and completes Table 2 in the template Interdependence and Gains Idenfes which country has an absolute Shows progress toward profciency, but Does from Trade advantage and which has a comparave with errors or omissions advantage in producing cars and producing grain, as well as the quanes of cars and grain each country would produce without trade Arguments for Trade Idenfes and evaluates a current news Shows progress toward profciency, but Does arcle on internaonal trade that supports with errors or omissions the argument economists make in favor of free trade agreements (FTAs) Clear Communicaon Consistently and efecvely communicates Shows progress toward profciency, but Show in an organized way to a specifc audience communicaon is inconsistent or or or inefecve in a way that negavely impacts understanding Citaons and Aribuons Uses citaons for ideas requiring Uses citaons for ideas requiring Does a ribuon, with consistent minor errors a ribuon, with major errors a rib
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Module xxx Short xxxxx International xxxxxxxxxxx ChenSouthern xxx Hampshire xxxxxxxxxxxxx MacroeconomicsProf xx Casolari xxx st xxxxxxxxxxxxxxxx short xxxxx examines xxxxxxxxxxxxxxx and xxx dynamics xx international xxxxx based xx the xxxxxxxxx scenario xxxxxxxx and xxxxxxxx workers xxx each xxxxxxx four xxxx per xxxx An xxxxxxxx worker xxx produce xxxx of xxxxx per xxxx while x Japanese xxxxxx can xxxxxxx tons xx grain xxx year xxxxxxxxxx Possibility xxxxxxxx PPF xxxxxxxx America xx produce xxxxxx four xxxx per xxxx there xx a xxxxxxxxxx requirement xx workers xx similar xxxxxxx Japan xxxx requires xxxxxx workers xx produce xxxx cars xxx year xxxxxxxxx the xxxxxxxx America xxxxx to xxxxxxx around xxxx of xxxxx every xxxx with x th xxxxxx on xxx workers xxxx to xxxxxxx the xxxx rate xxxxx on xxx other xxxx in xxxxx produces xxxx of xxxxxxx s xxxxxxx around xxxx of xxxxxx and xx will xxxxxxx on xx of xxxxxxx to xxxxxxx the xxxx rate xxxxxxx Needed xx Make xxx car xxx ton xx grain x S xx or xxxxx or xx Table xxx PPF xxxxx tends xx depicts xxxxxxxx maximum xxxxxx combination xx two xxxxx which x nation xxx produce xxxxxxxxxxx the xxxxxxxxx accessible xxxxxxxxx at xxxxx stash xxx point xxxxxx the xxx curve xxxxxxx inefficiency xxxxx the xxxxx outside xxx PPF xxxxx are xxxxx that xxx unattainable xxxx existing xxxxxxxxx and xxxxxx those xxxxxx on xxx PPF xxxxx depict xxxx the xxxxxxxxx are xxxxxxxx efficiently xxxxxxxxxxx CostsFor xxx United xxxxxx the xxxxxxxxxxx cost xx producing x car xx tons xx grains xxxxx up xxx opportunity xxxx of xxxxxxxxx one xxx of xxxxx is xxxx given xx Similarly xxx Japan xxx opportunity xxxx of xxxxxxxxx the xxx is xxxx of xxxxxx given xx The xxxxxxxxxxx cost xx producing xxx ton xx grain xx cars xxxxx up xxxxxxxxxxx Costs xx One xxx in xxxxx of xxxx of xxxxx given xx One xxx of xxxxx in xxxxx of xxxx given xx U x Japan xxxxx Interdependence xxx Gains xxxx TradeObserving xxx pattern xx the xxxxxxxx Japan xxxxx to xxxx an xxxxx hand xx producing xxxx more xx a xxxxxxxxxxx advantage xxxxxxx the xxxxxxxxxxx cost xx the xxxxxxxxx of xxxx of xxxxxx for xxx car xxxxx not xxx case xx the x S xxxxx it xxx the xxxxxxxxxxx cost xx tons xx grains xxx one xxxx implying xxxx Japan xxx a xxxxx opportunity xxxx proving xxx comparative xxxxxxxxx when xx comes xx producing xxxx While xxx United xxxxx has x comparative xxxx in xxxxxxxxx grains xxxxxxxxxxxx because xx the xxxxxxxxxxx cost xx cars xxx ton xx grains xxxxx is xxxxxxxxxxx lower xxxx Japan x opportunity xxxx of xxxx for xxx of xxxxxx For xxxxxxxx out xx million xxxxxxx around xxxx will xx utilized xx produce xxxx and xxx rest xxxx be xxxxxxxxxx towards xxxxx production xxxxxxxx that xxx United xxxxx equipped xxxxxx to xxxxxxx around xxxxxxxx cars xxx around xxxx of xxxxxx similarly xx Japan xxxxxx it xxxxxxxxx properly xxx utilizes xxxxx resources xx an xxxxxxxxx manner xxxx similar xxxxxxx can xx produced xxxxx million xxxx and xxxx of xxxxxx Arguments xxx TradeAccording xx the xxxxxxx by xxxxxxx in xxx article xxxxx U x Trade xxxxxx explores xxx benefits xx embracing xxx trade xxxxxxxxxx to xxxxx free xxxxx agreements xx promoting xxxxxxxx growing xxxxxxxxxx yet xxxxxxxxxx globalization xxx also xxxxxxx the xxxxx for xxx job xxxxxxxx these xxxxxxxxxxx were xxxx with xx intent xx reset xxx U x trade xxxxxx to xxxxxxxxx economic xxxxxx by xxxxxxxxx more xxxx and xxxxxxxxxx trade xxxxxxxxxxxxx while xxxx sustain xxxxxxxxxxx edge xx encouraging xxxxxxxx market xx implement xxxxx and xxxxxxxxxx technologies xxxxxxx implies xxxx when xxx s xxx given xxxxx amount xx scope xx operate xx could xxxxx diverse xxxx of xxxxxxx innovation xxx encourage xxxxxxxxxxxxxx by xxxxxxxx businesses xx a xxxxxxxxx competition xx an xxxx market xxxxxxx such xxxx there xx a xxxx of xxxxxxxxxxxxx priced xxxxxxxx and xxxxxxxx both xxxxxxxx and xxxx other xxxxxxxxx By xxxxxxxx in xxx FTAs xxx article xxx note xxxx American xxxxxxxxx stand xx benefit xxxx lower xxxxxx and xxxxxxx access xx a xxxxxxx of xxxxx Harrell xxxx reduce xxxxxxx on xxxxxxxx goods xxxxxx products xxxx affordable xxx increasing xxxxxxxx choices xxxxxxxxxxxxxxxxx P xxx Time xx Reset xxx U x Trade xxxxxx Carnegieendowment xxx https xxxxxxxxxxxxxxxxx org xxxxxxxx time-to-reset-the-us-trade-agenda xxxx enMankiw x G xxxxxxxxxx of xxxxxxxxx th xx CengageMore Articles From Macroeconomics
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