This assignment is based off of the book by Carson, Clarence B. / Cleveland, Paul A. (4th ed., 2018). Basic Economics, Birmingham, AL ISBN 978-0-9727401-4-2?

Week 1 Case Study 1

TARIFFS Effects on the Economy

CASE STUDY PAPERS require that students think OUTSIDE THE TEXTBOOK (BOX).

INSTRUCTIONS:

http://library.regent.edu/record=b1700245~S0  

The APA has an abbreviated free guide on their website:  http://www.apastyle.org/  

Additionally, as for bearing down on citing/referencing correctly in APA, the  The Purdue Owl :  https://owl.english.purdue.edu/owl/section/2/10/  has really established itself as the dominant website for APA style citations/references and even has a good  YouTube video on the basics of APA style  https://www.youtube.com/watch?v=pdAfIqRt60c&feature=youtu.be

Below is an example of a page taken from the Purdue Owl:

https://owl.english.purdue.edu/owl/resource/560/10/   

Moreover, the RU University Writing Center 

http://www.regent.edu/admin/stusrv/writingcenter/home.cfm  has many kind instructors who love teaching citation/reference skills to Regent Students. Please use this learning resource, it is free.

Last, but not least; you may contact the RU Business Librarian:

Harold Henkel | Business & Leadership Librarian

Regent University Library | Mail Drop 119

1000 Regent University Drive

Virginia Beach, VA 23464

Tel: 757-352-4198 | Fax: 757-352-4167

[email protected]

Per Brother Henkel, peer reviewed articles may be easily found in the RU Library’s business databases. On the advanced search screen, simply check the box for scholarly/peer reviewed articles, and the database will return only this type of article. For business research, he recommends starting off with Business Source Complete and ABI Inform Complete .

A Peer Reviewed Article Defined:

The California Polytechnic State University, Robert E. Kennedy Library defines a peer-reviewed article as follows:

A peer-reviewed article is published in a peer-reviewed journal only after it has been subjected to multiple critiques by scholars in that field. Peer-reviewed journals follow this procedure to make sure that published articles reflect solid scholarship and advance the state of knowledge in a discipline.

These articles present the best and most authoritative information that disciplines have to offer. Also, through the careful use of citations, a peer-reviewed article allows anyone who reads it to examine the foundation of the claims made in the article. Peer-reviewed articles lead to many articles in a chain of information.

Are scholarly and peer-reviewed articles the same thing?

Peer-reviewed and scholarly journals are related but not identical. Not all scholarly journals go through the peer-review process. However, one can assume that a peer-reviewed journal is scholarly.

How can I tell if an article is a peer-reviewed article?

First of all, make sure it is an ARTICLE (not a textbook). Not everything that appears in a peer-reviewed journal is an article. Peer-reviewed journals also contain items such as editorials and book reviews, and these are not subjected to the same level of critique.

The presence of several of the following traits often indicates that an article is peer-reviewed:

· A lot of citations: these may appear in-text, and/or as footnotes, endnotes, works cited, reference list, bibliography.

· An Abstract (brief description of the article)

· The organization of the article into discrete sections such as Methodology, Results, and Conclusion.

· Charts, tables, or graphs.

· Complex, formal language that is specific to the field.

· Notes indicating when article was submitted and when it was accepted.

[email protected]  or call at (757) 226-4076. 

These APA additions are not a part of the word count that should be at least 300 words. Moreover, a paper exceeding 600 words will result in a grade reduction.

Submit your assignment by clicking the title link. Simply click on the link, then type in your comments to the Professor if you have any, click on Browse and attach the Word Document with your assignment from your hard drive. Make sure to click Submit to send your assignment to your instructor. To make sure that the instructor received your assignment, go into My Grades section, you should see “!” sign across the assignments you submitted. As soon as the Professor grades your assignment, the “!” sign will be replaced with your grade.

LASTLY, but, MOST IMPORTANTLY, please open the Link to our RU Business Librarian, Harold Henkel document posted at the top of your Canvas Dashboard Course Content known as:

LIBRARY QUICK LINKS for BUSINESS RESEARCH

DELIVERABLES: The Effects of Tariffs on the U.S. and Global Economies

Note the following:

President Donald Trump announced a series of import tariffs during his administration. Although his first administration enacted tariffs on approximately $380 billion in imports, the total under his second administration is projected to exceed trillion(s) in 2025.

Recently, President Trump specifically imposed tariffs with China, Canada, and Mexico in order to hold these countries accountable for contraband drug trafficking and illegal immigration while supporting domestic manufacturing.

On March 12, 2025, a 25% global tariff on steel and aluminum products took effect. A “reciprocal tariff policy” took effect on April 2, 2025.Thereafter, many countries began proactive negotiations with the administration.

Utilizing the RU Library resources and www; research the Effects of Tariffs on the U.S. and Global Economies.

Respond to the following questions. Please do not write a narrative. Your paper should concisely express salient points of interest for each question in the order denoted.

1. What economic effects will U.S. tariffs have on global economies; including but not limited to Mexico, Canada, China, and the European Union? Explain.

2. What economic effects will counter-tariffs have on the United States economy? Explain.

3. Where will be the State of U.S. economy and the stock market (DJIA) at the end of this year, 2025?

Your only limitation to the content of this paper is your imagination.

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