First, watch the PBS NewsHour video “How Germany Became Europe's Richest CountryLinks to an external site. and read the Bloomberg article “German Trade Surplus Widens as Exports Unexpectedly Increase Links to an external site.” to learn more about German approach to trade and creating an export surplus.
Then, respond to the following three questions –
- Find out the contribution of trade to German GDP output and its current trade balance using data from WorldBank Links to an external site.. What is the contribution of trade to German GDP and does Germany have a trade surplus?
- If so, what is Germany doing differently to create manufacturing jobs and export surplus?
- What lessons can we learn to reduce the U.S. trade deficit?
12/28/22, 12:05 AM M3: Assignment – German Trade Output
https://montclair.instructure.com/courses/167453/assignments/1544231?module_item_id=2947275 2/2
Total Points: 100
Criteria Ratings Pts
50 pts
50 pts
Depth of Reflection
50 pts Excellent
Response demonstrates an in-depth reflection on, and personalization of, concepts, and/or strategies presented in the course materials to date. Viewpoints and interpretations are insightful and well supported. Clear, detailed examples are provided, as applicable.
40 pts Sufficient
Response demonstrates a general reflection on, and personalization of concepts, and/or strategies presented in the course materials to date. Viewpoints and interpretations are supported. Appropriate examples are provided, as applicable.
20 pts Minimal
Response demonstrates a minimal reflection on, and personalization of concepts, and/or strategies presented in the course materials to date. Viewpoints and interpretations are unsupported or supported with flawed arguments. Examples, when applicable, are not provided or are irrelevant to the assignment
0 pts Unacceptable
Response demonstrates a lack of reflection on, or personalization of concepts, and/or strategies presented in the course materials to date. Viewpoints and interpretations are missing, inappropriate, and/or unsupported. Examples, when applicable, are not provided.
Required Components
50 pts Excellent
Response includes all components and meets or exceeds all requirements indicated in the instructions. Each question or part of the assignment is addressed thoroughly. All attachments and/or additional documents are included, as required.
40 pts Sufficient
Response includes all components and meets all requirements indicated in the instructions. Each question or part of the assignment is addressed. All attachments and/or additional documents are included, as required.
20 pts Minimal
Response is missing some components and/or does not fully meet the requirements indicated in the instructions. Some questions or parts of the assignment are not addressed. Some attachments and additional documents, if required, are missing or unsuitable for the purpose of the assignment.
0 pts Unacceptable
Response excludes essential components and/or does not address the requirements indicated in the instructions. Many parts of the assignment are addressed minimally, inadequately, and/or not at all.
