Business Economics

Business Economics

Instructions: Please answer one of the following questions in no more than 3 pages (not including your reference page). You must include a proper reference page and your paper should follow an accepted referencing method (MLA). Use regular margins and double spacing.

1) If the US dollar depreciates dramatically relative to the Chinese yuan, what effect would this have on consumers and businesses in each country? When is a falling dollar good or bad for the US? Discuss.

2) Which of the three main IPE approaches best accounts for the relationship of the Northern industrial nations to the Southern developing nations when it comes to trade? Discuss.

3) Which aspects of the Great Depression are echoed in the ongoing economic crisis that began in 2008? What is different about the two periods? Do they have similar theoretical explanations? Discuss.