Essay Unit VOrder DescriptionUnit V EssayUsing at least your textbook and a minimum of three additional sources, answer the following questions. Follow APA style guidelines.1. The bilateral agreement has enabled China and South Korea an increase in trade and an increase in trade deficit for the United States; what are the advantages and disadvantages for the United States to continue these relationships with the bi-lateral agreements?2. With regards to the various agreements/treaties discussed, EU, WTO, NAFTA, CARICOM, APEC, MERCOSUR and ASEAN:
? Discuss any pending applications, candidate countries, or associate members.
? What are the advantages/implications for trade within the trading group and for the United States?
? Determine the GDP and GNP of those pending countries.
? Based upon your assessment, do you think these countries should become full members of the FTAs they have applied to? Why, or why not?Information about accessing the Blackboard Grading Rubric for this assignment is provided below.
Unit VI Scholarly Activity
Complete both parts of this assignment and submit as a single document.
MBA 6601, International Business 5
Part One
Your company is deciding to expand to the following countries, and you and two other managers will have to visit these countries to set up operations. You have $1,500.00 to convert in each currency. Copy and paste this table into a new document and compute the following:
Country/currency
USD value/rate (as of 08/14)
Exchange amount
Japanese yen
$102.28
Euro
$0.75
British pound
$0.60
Utilizing the same exchange rate, while you are visiting each of these countries, you have to buy supplies/equipment for your operations; you want to determine what it is costing you in U.S. dollars. Please compute the following:
Japanese yen
Computer (167,000.00)
$
Euro
Desks/chairs (1,125.00)
$
British pounds
Printer (575.00)
$
Part Two
Respond to the following questions. Not counting Part One, your paper should be three pages in length, double spaced, and use APA style guidelines.
1. Within the past decade, the IMF has provided financial assistance (bailout) to Greece (2010, 1st quarter), Iceland (2008, 4th quarter), Ukraine (2014, 2nd quarter), and Hungary (2008, 4th quarter). Describe the recovery process in each country as a result of this assistance. Also determine whether or not there was an increase/decrease in:
? GDP,
? inflation, and
? unemployment.
Information about accessing the Blackboard Grading Rubric for this assignment is provided below.Course Textbook
Daniels, J. D., Radebaugh, L. H., & Sullivan, D. P. (2015). International business: Environments and operations (15th ed.). Upper Saddle River, NJ: Pearson Education.