28 May Analyze and compare on a table the following t

COURSE CODE BCO221 COURSE NAME GLOBAL ECONOMICS (4 ECTS) Task brief & rubrics Assessment 2

Task

Include all details of the task, including:

· individual task.

· Ask the following questions and upload them in PDF format.

1. Analyze and compare on a table the following two IO: IMF and World Bank in terms of:

a. Obligations

b. Compliance

c. Enforcement

2. What has happened to the exchange-rate value of the dollar in each case? Explain.

a. The spot rate goes from $1.25/SFr to $1.20/SFr.

b. The spot rate goes from SFr 0.90/$ to SFr 1.77/$.

d. The spot rate goes from $0.010/yen to $0.019/yen.

e. The spot rate goes from 101 yen/$ to 100 yen/$.

3. Calculate the Human Development Index of your country. Use parameters from the Human development report 2019 below.

http://hdr.undp.org/sites/default/files/hdr2019.pdf

4. For the past year, a country has 200 million of exports of goods and services, 160 million of imports of goods and services, 60 million of income received from foreigners, and − 40 million of net unilateral transfers. What is the range of values for income paid to foreigners, so that each of the following would be true?

a. The country has a current account surplus.

b. The country has a deficit for its goods and services balance.

c. The country is a net borrower from the rest of the world.

Formalities:

· Wordcount: NA

· Cover, Table of Contents, References and Appendix are excluded of the total wordcount.

· Font: Arial 12,5 pts.

· Text alignment: Justified.

· The in-text References and the Bibliography have to be in Harvard’s citation style.

Submission: Week 12 – Via Moodle (Turnitin). In class.

Weight: This task is a 40% of your total grade for this subject.

It assesses the following learning outcomes:

· Outcome 1: develop a complex understanding of the main concepts of international economics and how to apply them.

· Outcome 2: understand and analyze the different global economic theories.

· Outcome 3: distinguish between the different international economic systems

Rubrics

	Descriptor
9-10	The student demonstrates an excellent understanding of the concepts.
8-8.9	The student demonstrates a good understanding of the concepts.
7-7.9	The student demonstrates a fair understanding of the concepts.
6-6.9	The student demonstrates some, but insufficient understanding of the concepts.
3-5.9	The student demonstrates insufficient understanding of the concepts. They may mention some relevant ideas or concepts, although it is clear that the relationship between them is not understood by the student.
1-2.9	The student demonstrates insufficient understanding of the concepts and does not mention any relevant ideas or concepts.
0	The student leaves the question blank or cheats.

Points are stated at the end of each question.