Mathematics for Economists Discussion Essay Assignment
This is part B containing 30% of the marks. Your assignment must be submitted by 22nd March 2022 via the assignment submission link in the module Canvas site.Please ensure that your student registration number and module code are stated on every page of your assignment (either in the header or footer). An assignment cover sheet should be completed and attached to the front of your assignment.Cover sheets will be available via the module Canvas site.It is the individual responsibility of each student to ensure that their submitted work is free from plagiarism and due acknowledgement is given to all sources.
Activity I – Do you think genetically modified organisms (GMOs) raise a legitimate safety hazard? Should government agencies such as the FDA take more action to require safety testing? Do you think labeling unfairly stigmatizes GMOs and make consumers question their safety?
Activity II – Categorize the following as a facilitating payment (grease payment), a bribe or neither of these under the Foreign Corrupt Practices Act. Explain why they chose a certain answer.
Jane Jones, who works for XYZ Corporation (a U.S. publicly- traded company), has documents that she needs to clear customs in order to make it to an important business meeting on time. She decides to pay the customs official $500 in order to move to the front of the line.
Same facts as above, but Jane decides to pay the customs official $5000.
Jane gives a steel letter opener with XYZ Corporation imprinted on it to a foreign government official as a gift.
The country where a major foreign client is based was recently hit by a devastating earthquake. Competitors of XYZ Corporation are donating approximately $150,000 each to foreign relief efforts. XYZ Corporation also decides to donate a similar amount.
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