Nama : Gratianus Imanuel

NIM : 030353467

1. I choose the topics :

• Nowadays, there are many sellers in instagram use auction to sell their product. Do you

think that auction is the effective method to sell the product? Explain your reason!

Answer :

Social media marketing is the use of social media platform like Facebook, Intagram,

Twitter, LinkedIn, Pinterest, Youtube, and Snapchat, to connect with compenies audience to

built compenies Brand, increase sales, re-targeting, and drive website traffic. This involve

publishing great content on our social media profiles, listening to and engaging our followers,

analyzing the results, and running social media advertisements.

Social media marketing is currently very helpful for the growth of the company. Even in

a small business. They have relatively cheap price, direct targeting audience, it can go very niche

and good effectiveness. Social media marketing can keep our cost low. So, we can take the rest

and allocated to other sectors.

With all its advantages, I agree that social media marketing is better than offline

marketing. Disclaimer on, its doesnt mean offline marketing can be adandoned, because at this

time, there are many creative ads agencies that combine offline-social media marketing

techniques and get viral winning campaign. Social media marketing is better because offline

marketing can go too expensive and too broad.

What makes the method of selling products by auction widely used are:

➢ Selling easy products without formalities

With the development of the times and technological advances, business actors are given

many conveniences with platforms to market the products they sell. And the buying and

selling process no longer needs to be done face-to-face officially, where customers directly

choose the goods purchased and then pay the seller according to the price. The transaction

process between the seller and the buyer can be done without the need to meet. Sellers

simply provide a catalog and buyers can freely choose and decide on the items they want to

buy.
➢ Anyone can participate

The online auction method is in great demand, not only by sellers but also by buyers.

Because in this method anyone can participate. The existence of an online platform such as

Okebid.com allows anyone to participate in the auction, and usually without having to register first.
The buyer is only present on the platform that has been set at a certain time,

and as long as the buyer fulfills the rules that have been set, then he is entitled to participate

in the auction.

➢ Goods are always released to the highest bidder

Here the seller does not have to worry that the buyer will bid the price of the barng he wants

to buy lower than the one set. There is no definite control over this method, if the buyer feels

that the price of the auctioned goods is beyond his ability, then they simply choose not to bid

anymore. And the goods will still be sold to the highest bidder.

➢ The goods to be auctioned have no Restrictions

The online auction system can be said to be a method of selling attractive products. In

addition, the flexibility possessed by this method allows you to sell any item. As long as the

item is in demand, then the item can be auctioned online.

2. I do not agree that a floating exchange rate adds uncertainty to international trade.

In my opinion :

• A floating exchange rate refers to an exchange rate system where a country’s currency

price is determined by the relative supply and demand of other currencies.

• Currencies with floating exchange rates can be traded without any restrictions, unlike

currencies with fixed exchange rates.

• Although the floating exchange rate is not entirely determined by the government and

central banks, they can intervene to keep the currency at a favorable price for global trade.