Management – 10/13/17

I.  Bellwork:  Google Classroom

https://finance.yahoo.com/news/imf-catching-prospect-trump-won-064900219.html

List and explain the 2 areas of concern the IMF has identified as impacting the U.S. economy.

II.  Objectives:

• Examine the role trade organizations play in the globalized economy.
• Create a claim with support and reasoning.regarding the World Bank and  WTO

 

III.  Video Discussion

• What Does The World Bank Actually Do?
• The Truth Behind the WTO?
•  GATT & WTO
• Trade Justice

IV.  Classwork

A. 2 paragraphs:   Explain your opinion on the World Bank and the WTO.  Do you believe these organizations are improving economic conditions or causing problems throughout the world.  Use examples from the clips.

B.  China is to enforce duties Q&A

1. What are some of the underlying reasons behind the tariff on U.S. chickens?
2. How has the Chinese poultry industry been impacted by U.S. imports?
3. What type of tariffs will the U.S. chicken companies be forced to pay?
4. Why is the U.S. concerned about China’s currency?
5. What do you believe will be the future consequences with trade between with these countries?

MBCC - Business Mgmt 1 F2017