ASSIGNMENT HELP | Week 6 Assignment: Current Event – Free and Fair Trade or Budgetary Issue

Due Sunday by 11:59pm Points 100 Submitting a file upload
Required Resources
Read/review the following resources for this activity:

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Textbook: Chapter 10
Lesson
Citation and Writing Assistance: Writing Papers At CU (Links to an external site.)
Library Overview (Links to an external site.)
How to Search for Articles – the Everything Tab (Links to an external site.)
Article (no more than one-month old) from reputable news source such as The New York Times or The Washington Post
Instructions
For this assignment, respond to one of the following options:

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Option 1: Find a recent article (less than one month old) from a reputable news source concerning a Free and Fair Trade issue between at least two countries.

Summarize the article.
What is the issue?
Explain why this issue is important to the global community.
Evaluate the source.
What is your opinion?
Option 2: Find a recent article (less than one month old) from a reputable news source concerning a proposed budgetary change.

Summarize the article.
What is the issue?
Explain who is affected most from the change?
Evaluate the source.
What is your opinion?
Writing Requirements (APA format). Refer to the APA manual.

Length: 3 full pages (not including the title or references page)
1-inch margins
Double-Spaced
12-point Times New Roman font
Title and Reference page required
APA cite article with link
Scan copy of article required
Grading
This activity will be graded based on the Assignment Grading Rubric.

Course Outcomes (CO): 5

MODEL ANSWER

Current Event – Free and Fair Trade

Option 1: Finding a Recent Article

            The article by Laura He titled “A US-China trade war is the last thing the world economy needs now Anchor Muted Background”, published in the CNN Business is about the implication of the United States-China trade on free and fair trade amidst the coronavirus | PLACE YOUR ORDER NOW AT writtask.com | that blame over the pandemic has reignited trade tensions between two superpowers – the U.S. | PLACE YOUR ORDER NOW AT writtask.com | wars between the two countries that began close two years ago have been exacerbated by the pandemic leaving the global economy in a more fragile | PLACE YOUR ORDER NOW AT writtask.com | points out that another full-blow trade war would cause more damage than it is currently. The trade war has drawn a lot of attention from around the world, especially in Europe, over the potential implications on the global economy.

           Research funded by the S&P Global Ratings determined that the higher tariffs’ threat significantly and further impacting free and fair trade between the U.S. and China, including other countries, would disrupt “technology trade and investment” and, in the process, depowers what remains a promising engine for economic recovery in the | PLACE YOUR ORDER NOW AT writtask.com | that the unrealistic terms that characterized the trade tariffs signed in January 2020, between both countries, is currently | PLACE YOUR ORDER NOW AT writtask.com | virus-induced business slowdown would make it almost impossible for China to commit an additional $200 billion in imports from the United States in the next two years (He, 2020). The commitment from more than what China imported annually before the trade war and the signing of business and tariff deals with the United States.

           Notably, as documented in the article, economic experts and the Chinese leaderships remain resolute in ensuring the “phase one” deal signed in January 2020 by both | PLACE YOUR ORDER NOW AT writtask.com | quest to have a reasonable and workable free and fair trade deals between both countries continues to be impacted by external factors such as the political tensions and the coronavirus | PLACE YOUR ORDER NOW AT writtask.com | U.S. administration is frustrating Chinese businesses from flourishing in the country, for example, the restrictions on Huawei to do business with tech companies in | PLACE YOUR ORDER NOW AT writtask.com | place both countries, especially China, in an awkward position as to whether to continue committing to phase one deal or retaliate against the U.S. decisions to allow Huawei to operate without interference. 

           From the article, the issue is the continued trade wars between the United States and | PLACE YOUR ORDER NOW AT writtask.com | wars continue to significantly impact the political tranquility and smooth business operations between the two countries, and others who depend on global economic | PLACE YOUR ORDER NOW AT writtask.com | poses great concern not only between the two countries but also an economic threat to the rest of the | PLACE YOUR ORDER NOW AT writtask.com | continue to grow and escalate, the trade dispute would morph into a damaging implication, which would further weaken the global economy from the already precarious situation caused by COVID-19, in addition to slowing down the technological innovations in the global | PLACE YOUR ORDER NOW AT writtask.com | the economic analysis in the article, China is set to be impacted the most by the global and trade conditions the most, unlike the United States. For example, the “phase one” trade deal signed by the two countries means China is forced to import additional goods and services worth $200 billion in the next | PLACE YOUR ORDER NOW AT writtask.com | continued trade tension and the coronavirus pandemic plaguing the world, China is bound to struggle economically like other countries of the world but still required to meet their end of the fair trade bargain. Since the global economy is already expected to contract by at least 3.1%…