College of Administrative and Financial Sciences

Assignment 1

Deadline: 16/11/2019 @ 23:59

Course Name:	Student’s Name:
Course Code:	Student’s ID Number:
Semester: I	CRN:
Academic Year: 1440/1441 H

For Instructor’s Use only

Instructor’s Name:
Students’ Grade: Marks Obtained/Out of	Level of Marks: High/Middle/Low

Instructions – PLEASE READ THEM CAREFULLY

• The Assignment must be submitted on Blackboard (WORD format only) via allocated folder.
• Assignments submitted through email will not be accepted.
• Students are advised to make their work clear and well presented, marks may be reduced for poor presentation. This includes filling your information on the cover page.
• Students must mention question number clearly in their answer.
• Late submissionwill NOT be accepted.
• Avoid plagiarism, the work should be in your own words, copying from students or other resources without proper referencing will result in ZERO marks. No exceptions.
• All answered must be typed using Times New Roman (size 12, double-spaced) font. No pictures containing text will be accepted and will be considered plagiarism).
• Submissions without this cover pagewill NOT be accepted.

Assignment Regulation:

• All students are encouraged to use their own word.
• Assignment -2 should be submittedon or before the end of Week-11 in Black Board only.

• This assignment is an individual assignment.
• Citing of references is also necessary.

Assignment Structure:

A.No	Type	Marks
Assignment-2	Critical Thinking	5
Total		5

Learning Outcomes:

Identify major components of international business management (CLO 1.1)

Discuss the reasons for and methods of governments’ intervention in trade (CLO 1.4)

Understand processes of exporting and importing (Lo:7)

Critical Thinking

Read the Management Focus on, “NAFTA’s Tomato Wars,”available in your e-book (page no. 620), and answer the following questions:

Assignment Question(s): (Marks: 5)

• Was the establishment of a minimum floor price for tomatoes consistent with the free trade principles enshrined in the NAFTA agreement?
• Who benefits from the importation of tomatoes grown in Mexico? Who suffers? Give arguments in support of your answer.
• Do you think that Mexican producers were dumping tomatoes in the United States? Give reasons.
• What do you think will be the impact of the new higher floor price? Who benefits from the higher floor price? Who suffers? Give logics.
• What do you think is the optimal government policy response here? Explain your answer.

Answer:

1.

2.

3.

4.

5.

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