Note 1: Managers face many considerations when making decisions of this nature. This case provides the opportunity to use the economic knowledge and language you have learned in this course (of primary importance in the grading of this case) as well as offering the opportunity to briefly drift outside of the silo of economics to address key business considerations that you feel important in your analysis. Below is a list of topics, by no means exhaustive, and equally, because of both space constraints and relevancy, by no means should all topics be included in your paper. Your analysis should, at minimum, cover relevant topics learned in the course applied to the decision-at-hand. Keep in mind that this is an economics paper, so if you do take the opportunity to drift into other business disciplines, the overriding bias of your paper should favour economics. Topics for possible consideration include globalization, comparative advantage, tariff and non-tariff trade barriers, trade regulations, regional trading arrangements, international factor movements and multinationals, foreign exchange and risk strategies, international/regional banking factors, professional services support, taxes, capital flow/repatriation of profits, IP rights/protection, assignment of profits & losses, political and policy direction, and country risk/freedom.Group Project (Written Report) (15%) Each peer-learning group (PLG) will be responsible for researching and preparing a written report on the below current international economic topic. The written project report must be typed and presented in no more than 12 double-spaced pages (not including Title Page, Table of Contents, Abstract, References, and Appendices), 12 PT Times New Roman font, and one-inch margins (top, bottom, left and right). The paper is expected to conform to APA 7th edition academic writing, including having in-text citations and references. The written report must include an introduction, a well-developed analysis, and a conclusion. Graphics (graphs, tables, charts) are acceptable in the report within reason and should be used if they contribute significantly to the narrative contents. Have one member from your PLG submit your final project in Word (not PDF) to the Group Paper drop box on behalf of your group. PLGs will consist of five (5) members unless instructed otherwise. Each group member is expected to collaborate with your virtual team to produce quality work effectively. Each PLG will study three (3) potential subsidiary locations. Group members and locations are determined as follows: PLGs are formed based on alphabetical surname order, meaning using example names: Abbott, Ali, Beechey, Belfort, and Benton would form PLG#1; Cameron, Chuong, DelBello, Haney, and Huang would form PLG#2; etc. If one (1), two (2), or three (3) students remain after the formation of the final group of five (5), the first student remaining without a group will join PLG#1, the second student remaining without a group will join PLG#2, and the third student remaining without a group will join PLG#3. If four (4) students remain after the formation of the final group of five (5), they will proceed as a group of four (4). Locations are assigned as follows: . PLG#1: Douglas, Isle of Man; Belize City, Belize; Hong Kong (PROC)