BUSI 303 Week 4 Discussion Board Forum 2 Replies Example

Reviewed by Thomas Kerrigan, MBA, CPA · Liberty University · Updated

This BUSI 303 Week 4 sample answers two trade-theory threads with evidence the classmates had not used. Reply one answers a composite classmate who explained comparative advantage with a textbook example, adding the classic finding that countries' actual trade patterns often looked different from what simple models predicted, and why economists refined the theory. The second responds to a classmate who wrote on import quotas, adding a study of the restraint Japan placed on automobile exports to the United States in the 1980s and what it cost American car buyers. In Liberty University BUSI 303, the trade replies are worth 50 points and land in Module/Week 4, the BS in Business Administration course's first exam week.

CourseBUSI 303 International Business (BUSI303)
Module/Week4
AssignmentDiscussion Board Forum 2 Replies
Paper typeTwo discussion replies
Lengthabout 276 words (thread and replies). Course guide: substantive written replies to at least 2 classmates' Forum 2 key-term threads from the previous module/week
FormatAPA 7 citations and reference list
Points50
SchoolLiberty University Online
ProgramBS in Business Administration
Where it sitsModule/Week 4 in Liberty's published BUSI 303 course guide; current sections can differ
UpdatedOctober 2026

Free sample paper for BUSI 303 Week 4

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Discussion Board Forum 2 Replies: Responding to Classmates on Trade Key Terms

BUSI 303 International Business, Discussion Board Forum 2 Replies

Thread by [Student Name]

The classmates and their threads are composites; the textbook and articles cited are real.

Reply to Daniel

Why this part earns its pointsThe first reply adds the empirical puzzle that pushed trade theory forward.
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Daniel, your thread explained comparative advantage clearly with Hill's example of two countries producing two goods (Hill & Hult, 2018, ch. 6). I would add how the theory fared when economists tested it. Hill discusses the factor endowments theory of Heckscher and Ohlin, which predicts that a country exports goods that use its abundant factors intensively. Leontief (1953) tested this for the United States, then the most capital-abundant economy in the world, and found that its exports were actually less capital-intensive than its imports. That puzzle, known as the Leontief paradox, led economists to consider skills, technology and other factors that the simple model left out. Theories of trade are useful, but they keep being revised by evidence. Do you think skilled labor, rather than capital, is the abundant factor that best explains what the United States exports today?

Reply to Hannah

Why this part earns its pointsThe second reply puts numbers on the cost of the classmate's policy example.
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Hannah, your thread defined import quotas and summarized an article on agricultural quotas. A well-studied case shows how quotas affect prices. Hill and Hult (2018, ch. 7) describe voluntary export restraints, quotas that an exporting country imposes at the importer's request, and use the 1980s limit on Japanese car exports to the United States as an example. Berry et al. (1999) estimated the effects of that restraint and found that it raised car prices and gave large profits to producers, while the gains to the American industry came at a high cost to consumers for each job protected. Because a quota caps quantity, foreign firms can charge more for each car they are allowed to sell, so some of the benefit flows abroad. Did the article you read find a similar transfer to exporters under agricultural quotas?

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References

Berry, S., Levinsohn, J., & Pakes, A. (1999). Voluntary export restraints on automobiles: Evaluating a trade policy. American Economic Review, 89(3), 400-430. https://doi.org/10.1257/aer.89.3.400

Hill, C. W. L., & Hult, G. T. M. (2018). Global business today (10th ed.). McGraw-Hill Education.

Leontief, W. (1953). Domestic production and foreign trade: The American capital position re-examined. Proceedings of the American Philosophical Society, 97(4), 332-349.

What the BUSI 303 Week 4 instructions ask

BUSI 303 pauses new reading in Module/Week 4 so students can revisit the political economy and trade chapters before Exam 1, which runs 94 questions over 140 minutes. Two or more trade threads need a substantive answer for 50 points, while a separate pair of faith-forum replies is due as well. The replies have no fixed word count, but they must be substantive, adding information or analysis to the classmate's term and article. Because they cover the same chapters as Exam 1, writing thoughtful replies doubles as review. Both theory and policy terms are fair game, since the forum covered three chapters.

How this BUSI 303 Week 4 example is built

The two replies each add historical evidence to a classmate's explanation. The first credits a clear account of comparative advantage, then explains a famous empirical puzzle about American trade in the mid-twentieth century and how it pushed economists to refine the theory, ending with a question about factor endowments. The second credits a definition of import quotas and adds evidence on the voluntary export restraint on Japanese cars, showing how a quota raised prices and profits while protecting jobs at a high cost per job. Each reply cites Hill by chapter and its added source in APA format. Both replies stay short enough to read in a minute while still teaching something new.

BUSI 303 Week 4 grading rubric: where the points go

Replies are graded on whether at least two are posted, whether each engages the classmate's term and article substantively, whether they use the chapters accurately and whether they are written in correct English. Instructors value replies that add evidence or analysis, especially when they show how a theory or policy works in practice. Accuracy about historical cases and research findings matters. Replies that summarize the classmate's thread, offer only agreement or drift away from the key term earn less. Since Exam 1 covers the same chapters, replies that clarify concepts are especially useful to the whole class. Historical cases are welcome as long as the reply explains why they still matter.

BUSI 303 Week 4 help: mistakes that cost points

Read the threads with the exam chapters in mind and choose two terms you can add to, such as comparative advantage, quotas or subsidies. Bring Leontief, a quota study or another documented case, and say what it changes about the classmate's account. Mention the chapter in Hill where the concept appears. Keep the tone respectful and the focus narrow. Close by asking how Daniel's or Hannah's concept would play out for a real product. Post before Exam 1, and cite every added source in APA format. A short question at the end invites the classmate to apply the theory to a current product. Historical cases need a sentence explaining why they still matter. Keep the exam schedule in mind when planning.

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BUSI 303 Week 4 questions, answered

What are the BUSI 303 Forum 2 Replies?

Substantive replies to at least two classmates' Forum 2 key-term threads on trade, due in Module/Week 4 of BUSI 303 for 50 points, alongside Quiz 2 and Exam 1.

Where can I find a free BUSI 303 Week 4 sample paper?

You will find a complete BUSI 303 Week 4 sample here with two replies on comparative advantage and the cost of import quotas.

What is the Leontief paradox?

Leontief found in the 1950s that U.S. exports were less capital-intensive than U.S. imports, the opposite of what the factor endowments theory predicted for a capital-rich country.

What did the Japanese auto export restraint cost Americans?

Research on the 1980s voluntary export restraint found it raised car prices substantially, transferring large profits to Japanese and American automakers at a high cost per job protected.

What else is due in BUSI 303 Module/Week 4?

This is exam week: Exam 1 with its 94 questions, plus Quiz 2 and LearnSmart on trade theory. Faith-forum replies are due as well.

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