Buy U.S. Exports and Imports assignment

Buy U.S. Exports and Imports assignment
U.S. Exports and Imports
Finding the right country markets for export and those for import is a challenge for companies doing international business. There are many government, private, and public websites and databases that provide rich information on countries. This is your opportunity to use government and organization databases.
Case 4 Resources
Types of Tariffs (2021) What is Importing and Exporting? (2020) How Importing and Exporting Impacts the Economy (2020) Strong Dollar: Advantages and Disadvantages (2020) Trade and COVID-19 (2021)
Case Assignment
Begin with the U.S. Census Bureau’s Global Market Finder: An Interactive Tool for U.S. Exporters . Randomly select a commodity (they are all presented in numbers). Click Map, Time Series, and Unit Price to find required data to complete the table.
U.S. Export Commodity
Top 5 Countries by Value
Country
Value $USD
1
2
3
4
5
3-Year Market Value
Year20xx
Year20xx
Year20xx
$
$
$
Highest and Lowest Prices
Country
Value $USD
Highest
Lowest
SOURCE: U.S. Census Bureau’s Global Market Finder: An Interactive Tool for U.S. Exporters
Describe the importance of this data for a U.S. company looking to export the commodity. (1/2 page) Research Required.
Using World Bank: World Integrated Trade Solution (WITS), research the top two countries and the country with the highest price from the table above to learn about tariffs for U.S. exports in the commodity category. From the WITS page, select “United States” and then “United States Tariff Schedule,” then select the first country to complete the table below. Find the category that reflects the commodity chosen.
U.S. Export Commodity
MFN (Most Favored Nation) Tariff
Applied Tariff