home work 

Summarize the ideology of the Cult of Domesticity. Do you believe that American society continues to uphold values contained within the Cult of Domesticity? Why or why not? Provide rationale/ support for your opinion. 

One page APA format.

what do individual countries gain from protectionist policies, and why is it costly if all countries pursue such policies? What reasons do the papers give for  trade agreements like the WTO, and what do they say their effects are in practice?

LogoutCandice Jacobs

1. Managerial Economics & Globali ECO550115VA016-1198-001“>MANAGERIAL ECONOMICS & GLOBALIECO550115VA016-1198-001
2. DISCUSSION Managerial Economics & Globali ECO550115VA016-1198-001“>Managerial Candice 

Post Investment Hold Up

What Is It?  Here is some help. https://truthonthemarket.com/2011/11/18/holdup-problem-airline-edition/

In chapter 5 Froeb discussed post-investment holdup as sunk cost problem associated with contract specific fixed investments. The modern theory of contracts is sometimes called the theory of joining wills which simply means, when parties make an agreement they are joining together to complete an endeavor of mutual interest. The problem with all contracts that endure over time is that not all potential challenges can be anticipated. The idea of joining wills is that parties will attempt to seek accommodations to advance their mutual interest, so long as the return on the invested activity pays off. Froeb illustrates the idea by the example of marriage as a contract.

Which of the following, if any, are an example of post investment holdup?  In your answer explain: what is the sunk, or stranded cost; what is the contract; was the contract breached; and what are the damages.

a) Your firm conducted a search for a new Chief of Finance and hired a highly qualified candidate with a yearly salary of $250,000.  After six months the person left to join another firm.

b) Your firm has exclusive contract to assemble automobile seat for a number of luxury models.  Almost 100% of the materials are imported and of those over 50% include parts manufactured in China.  All of the prices on the parts from China increased by 25% when the US imposed tariffs on China.  Your company has informed all of its customers that increased cost must be passed on for your firm to continue suppling the seats.  All of your customers reluctantly agreed to pay the additional cost.

c) Your company took note of your progress toward your MBA and when the director for customer services left the company you were asked to take over as interim director.  You were encouraged to apply for the full-time position once you got your MBA.  You served for 13 months at which time your company was acquired by another company and your position was abolished. 

PLEASE DO NOT RELY ON WIKIPEDIA, INVESTOPEDIA OR ANY OTHER PEDIA AS A REFERENCE AT ANYTIME IN THIS COURSE.

YOU MUST COMPLETE ONE POST AND ONE FOLLOW-UP/REPLY.  MAKE SURE BOTH THE POST AND REPLY FOCUS ON THE QUESTIONS ASK

 

Today we see a lot of activity within the international trade arena as the U.S. trade deficit has soared to a record high.

• Trade is designed to create bigger market opportunities, so why is the balance of trade so out of balance for the U.S.?
• Is it bad to have a trade deficit, or does it not matter?