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Mathematics & Economics
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Unit VIII Reflection Paper
Essay Instructions:
Unit I-VIII Reflection Papers
The unit Reflection Papers are to be completed for each unit. In completing these assignments the university requires that you follow APA guidelines in preparing citations and references.
For each assignment, you are asked to prepare a Reflection Paper. After you finish the reading assignment for the unit, reflect on the concepts, and write about them. What do you understand completely? What did not quite make sense? The purpose of this assignment is to provide you with the opportunity to reflect on the material you finished reading and to expand upon those thoughts. If you are unclear about a concept, either read it again, or ask your professor about it. Can you apply the concepts toward your career? How?
This is not a summary. A Reflection Paper is an opportunity for you to express your thoughts about the material by writing about them.
The writing you submit must meet the following requirements:
- Be at least two pages in length
- Include your thoughts about the main topics
- How does it apply to your career? (I am a Masgter Sergeant in the United States Air Force and my job is Medical Administration i.e., medical records management, medical benefits, billing, and claims, and health information privacy)
- How does it apply to your personal life?
***Text Book***
Econ Macro 2 , Willaim A. McEachern (available via Cengage Learning)
Essay Sample Content Preview:
UNIT VIII REFLECTION PAPER
NAME:
INSTITUTION:
The contents of unit VIII discusses about international trade and international system structure. It starts by defining the world as a structure of economic linkages. In addition, the study states that the economic interdependencies have prevailed among many nations all over the world. It further explain that other economy depends on several others eyeing economic interactions of various forms. One of the most important linkages that exist between nations is global trade. It is thus important to understand the history of trade in order to learn the reasons as to why trade is valuable internationally.
The unit brings out clear facts by outlining examples of the history of trade. This involves Mercantilists’ times where they believed that exporting more goods would acquire a higher percentage of precious commodity money. A number of economists like David Ricardo and Adam Smith proved that both countries involved benefit from trade. Free trade is said to be very advantageous for efficient producers and consumers. Nevertheless, f...
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