SOL N2007 Question on Impacts by Chen Huangzhi https://padlet.com/chen_huangzhi1_1/SOL02 Made with an open mind en-us 2019-01-27 06:53:07 UTC 2025-12-09 15:58:53 UTC hello@padlet.com Questions chen_huangzhi1_1 https://padlet.com/chen_huangzhi1_1/SOL02/wish/324641006 What is the focus of the question? 
What are the perspective statements?
What should the EV be focused on?
What ought to be the structure of your response? 

Fill all these up and include your group member names. ]]> 2019-01-27 06:54:11 UTC https://padlet.com/chen_huangzhi1_1/SOL02/wish/324641006 Vimal Yi Cong Zi Pin Leonard oscar wesley https://padlet.com/chen_huangzhi1_1/SOL02/wish/324781441 Focus: impact on economies
Perspective: extent of impact on the two different economy
Evaluation focus: compare the two economy and the extent of impact on the two different economy

Paragraph 1 : impact on Chinese economy
Paragraph 2: impact on Russian economy
Paragraph 3: difference between two economy and extent of impact. Conclude which country would experience more negative impact

]]> 2019-01-28 04:38:13 UTC https://padlet.com/chen_huangzhi1_1/SOL02/wish/324781441 Jiaying, jinrong, jolnn https://padlet.com/chen_huangzhi1_1/SOL02/wish/324781594 Focus of the question: impact of an unexpected decline in world economic activities
Perspective statement: 
Ev: which impact causes more consequences or extent of impact
Structure of response: impact 1 + impact 2 + ev]]> 2019-01-28 04:39:32 UTC https://padlet.com/chen_huangzhi1_1/SOL02/wish/324781594 Zhengqin Oreena Lijing Joey https://padlet.com/chen_huangzhi1_1/SOL02/wish/324783837 1)Impact of unexpected decline in world economic activity
2)2 economies
3)Which country is more impacted by it
4)Impact on country 1 + impact on country 2 + ev]]> 2019-01-28 05:01:56 UTC https://padlet.com/chen_huangzhi1_1/SOL02/wish/324783837 sylvia and shijie https://padlet.com/chen_huangzhi1_1/SOL02/wish/324785431 1. the respective impacts and the comparison between the 2 economies.
2. what is perspective statement??
3. which economy’s standard of living will suffer more
4. 1st para: discuss one economy 
    2nd para: discuss another economy 
  3rd para: compare+evaluate
  

]]> 2019-01-28 05:15:14 UTC https://padlet.com/chen_huangzhi1_1/SOL02/wish/324785431 Ambriesh and Zeyu https://padlet.com/chen_huangzhi1_1/SOL02/wish/324787545 2019-01-28 05:31:56 UTC https://padlet.com/chen_huangzhi1_1/SOL02/wish/324787545 Soon Kang Anandh Siva hosoonkang2001 https://padlet.com/chen_huangzhi1_1/SOL02/wish/326296397 1.  Comparing(similarities and differences) the extent of impacts between 2 economies when there is an unexpected decline in world economic activity.

2.  Similar and different changes to trends in country's economic activities (changes to trend in the table; e.g Real GDP growth, account balance and govt. budget balance and how it can affect SOL in country)z

3. Ev should be focused on comparing the extent of change experienced by the economy, thus linking to extent of change of SOL between the 2 countries.

4. Para 1 : likely impact of unexpected decline in world economic activities on 1st country's economy 
  Para 2:  likely impact of unexpected decline in world economic activities on 2nd country's economy
Para 3: Evaluate which country would likely be worse off. ]]> 2019-01-31 15:05:36 UTC https://padlet.com/chen_huangzhi1_1/SOL02/wish/326296397 hosoonkang2001 https://padlet.com/chen_huangzhi1_1/SOL02/wish/326305223 2019-01-31 15:19:40 UTC https://padlet.com/chen_huangzhi1_1/SOL02/wish/326305223 Ambriesh and Zeyu https://padlet.com/chen_huangzhi1_1/SOL02/wish/326519057 1. Focus of question is to explore what are the possible impacts, and the depth of the impact, and comparing the declination impact on an economy of a country against another country and arriving at an evaluation of which country will thrive. 
2. Perspective Statements are the contextual knowledge used as factors for comparison. That will account for the reason how that impact factor determines the economy of the country.
3. EV should compare the countries with a one liner, and explain the "surviving country". Evaluation: 
While all 3 countries may 
experience a slow-down in their economies, China is likely to be able to cushion these negative effects better due to its buoyant domestic business climate and  huge consumer market that could serve as alternative engines of growth. That is why it's economy will thrive. 
4. Decline in world activity will mean countries will import less. Thus world’s export / import volume will fall and trade will be badly affected. Since (X –M) is a component of AD, AD will fall and through the multiplier effect, slower growth results (using AD-AS framework). DD deficient unemployment occurs. 
The extent of the impact on each country depends on  
  •  Its openness to trade and degree of dependence 
In the case of Brazil, its trade is very dependent on the OECD markets and China. This means that it could be more badly affected than China, which is driven by its investment expenditure in the private sector. On the other hand, strong consumer demand in Brazil could cushion the effect of the fall in external demand and made Brazil less affected by the world economic slow-down. Russia could be badly affected 
since it is a commodity exporter in hydrocarbons and metals. With the unexpected decline in world activity, production will slow down and this translates into slower demand for these commodities and hence lower export volume. This will further worsen the already slower investment and export volumes and the weak business sentiment experienced by Russia. 
  • Size of the multiplier
 A country with higher MPW ( ie. lower multiplier) will have lesser impact on GDP. So a fall in AD due to the world activity may not affect the country so badly 
  • The country’s ability to implement policies to reduce the negative impact
In the case of China, the depreciation of the Yuan makes its exports cheaper. This could offset the decline in export volume due to the fall in 
world activity. The expansionary fiscal policy used by Russia could help to cushion the negative impact if its multiplier is large. 

And then the evaluation mentioned above to end off this question.

]]> 2019-01-31 23:18:51 UTC https://padlet.com/chen_huangzhi1_1/SOL02/wish/326519057