SCHOOL OF GRADUATE STUDIES CAPSTONE PROPOSAL (Plan A Thesis or Plan C Special Project) Revised 7/5/19 Attached Capstone Proposal Prepared For: Individual XXXXXXXXXXGroup Name(s): CCSU ID(s):...

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Answered 1 days AfterDec 09, 2022

Answer To: SCHOOL OF GRADUATE STUDIES CAPSTONE PROPOSAL (Plan A Thesis or Plan C Special Project) Revised...

Rochak answered on Dec 11 2022
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Proposal
Introduction
The invasion of Ukraine by Russia way back in February 2022 not only affected the two countries with sanctions, losses and other things but it also a
ffected the world because after the war the prices rose and it affected the countries badly around the world.
The countries which are hit the hardest are the developing and emerging ones because they mostly rely on imports of commodities such as fuel and grain which are majorly imported from Russia and Ukraine respectively (Mbah and Wasim 2022).
Now, the major reason for price rises is many because both the countries who are part of the war are heavy suppliers to the world for more than just one commodity.
Ukraine
Ukraine is one country which is listed as the largest producer of sunflower oil which is an essential commodity that is used to cook food, produce goods and other things.
Russia
Russia is among the largest producer of oil with big oil reserves and therefore it is one of the major players in defining oil prices based on output.
Combined
If both the countries are combined and the exports/produce are considered cumulatively then the two countries are responsible for more than 50% of the supplies of the vegetable oils that the world needs.     
Also, other than this both countries are responsible for like 36% which is 1/3rd of the world’s wheat consumption.
Effect of War on Prices in the United States
Analyzing the effect of war on the prices of goods in the United States is the study we will be doing as part of this project.
The best indicator to be used to analyze the increase in prices is the CPI which tells us how much there has been an increase in the prices of goods.
As can be seen in the above graph in January...
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