1. Research the web to find a recent article that discusses a forecast about international trade. This article can be from a global tradeorganization (such as the World Trade Organization),from a state's commerce and trade website, or from business journals.

The article I will be using is from the World Trade Organization: "France contributes approximately EUR 6 million to help developing countries deepen trade expertise."

Article:https://www.wto.org/english/news_e/pres21_e/pr877_e.htm

1. What doesthe article forecast or predict aboutglobal trade as a whole, or trade between specific nations?

This article forecasts that France is aiming to strengthen ties between other countries to deal with the recovery efforts of COVID-19. France wants to increase and finance government officials in developing countries such as Geneva. This will allow for an easy flow of trade in the future by establishing a trust. They are also to use this money to help academic institutes in developing their trade policy international trade economics, international relations and international economic law. This is seen to forecast a trend of growth following the current economic crisis. Lastly France is trying to create trade to serve as developing sustainability efforts such as global warming.

1. What macroeconomic results couldoccur if the United States if thisforecast is correct?

Macroeconomic results that could forecast for the US is that unemployment rates may decrease, sustainability/science efforts will increase, and trade with developing companies could become decreased if they start trading with large companies like France. With France helping to fund efforts in other countries and ways of making the vaccine accessible to everyone it will get people back to work and allowing for unemployment to possibly drop. Sustainability efforts and enhancing science research in both large countries and developing countries will allow for new technology. It will increase productivity and different ideas on how to save the planet. Lastly with France funding reliefs and trade initiatives in developing countries they could become loyal to other countries therefore limiting trade with US.

1. What microeconomic results could occur for the United States is theforecastis correct?

A microeconomic result that the United States could see a possible forecast is purchasing power and consumer spending. If France is sending relief packages to other countries this may result in purchasing power to international trade to decrease. With large countries helping developing countries the United States could face problems with countries favoring trade elsewhere. It could also result in pricing to change both in other countries and in the United States.

1. How would thisforecast affect how U.S. business managers anticipate demand and supply, and how they anticipate pricing changes?

This forecast would affect US business managers because it would encourage global trade in other countries. They might want to increase efforts in developing countries to make sure their companies can still be traded with for raw materials. It may also help supply if countries face a large access to vaccines more people can go back to work and increase production efforts. It could strengthen ties with foreign trade markets and allow for new ways to promote grow, community efforts and technology. It would both drive prices to increase if new tarrifs or put into place or if countires they orignally trade with are beng funded by other companies and countires. It could also decrease pricing if unemployment rates decrease in foregin countires more people are back to work and they have more access to funds and producing raw materials.

1. How would this global trade forecast affect you as a business manager in your decision making in other areas related to the pursuit of the company's economic self-interest?
2. How could this policy affect the company's ability to pursue:

• New product development?
• Strategic partnerships?
• Competitive pricing strategies?
• High-risk ventures?