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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