SophiaPretty

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About SophiaPretty

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Teaching Since: Jul 2017
Last Sign in: 304 Weeks Ago, 4 Days Ago
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  • MBA,PHD, Juris Doctor
    Strayer,Devery,Harvard University
    Mar-1995 - Mar-2002

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  • Manager Planning
    WalMart
    Mar-2001 - Feb-2009

Category > Business & Finance Posted 10 Aug 2017 My Price 10.00

Read the scenario and answer the following seven questions:

Read the scenario and answer the following seven questions:

1. If a computer project takes 6 months, how much does it cost in terms of a computer programmer salary to complete the project in the United States?
2. If that same project takes two years to complete in India, how much does it cost in terms of a computer programmer salary to complete the project in India?
3. Which country has an absolute advantage? Why? Provide evidence to support answer.
4. Which country has a comparative advantage? Why?
5. If the average annual salary of a computer programmer in the United States were $100,000, which country would have the comparative advantage? why?
6. What are the advantages for a country to specialize?
7. How do trade restrictions affect comparative advantage?


Scenario:
The average salary of a computer programmer is $70,000 in the United States. A computer programmer with the same skill level costs $20,000. A company is considering outsourcing the work overseas to India. It takes the computer programmer based in the United States 6 months to complete the project. It takes the computer programmer based in India 2 years to complete the same project.



Follow the paper standards in developing your responses and submit your answers in a Word document to your instructor via e-mail. Be certain to develop thoughtful answers that apply
concepts you learned in the chapter readings and the lecturettes.

Posted Wed Mar 30, 2016 at 12:38 pm

 

Criteria

Grading Scale

Problem criteria:

Student effectively answered the question based on module and text reading, providing sound logic and clearly supporting answers. Show process used and clearly mark steps/procedures for answer. Partial credit could be given so show as much of your work & thought processes as possible.

30

Excellent

25

Good

20

Satisfactory

15

Needs Improvement

Grammar / Mechanics:

Points may be deducted for mechanics issues including spelling, punctuation, structure and other grammatical issues.

10

Excellent

8

Good

7

Satisfactory

6

Needs Improvement

Total pts: 40

 

Attachments:

Answers

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Status NEW Posted 10 Aug 2017 08:08 AM My Price 10.00

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