INTERNATIONAL BUSINESS Pham To Mai Faculty of Economics National University of HCMC Part II INTERNATIONAL BUSINESS ENVIRONMENT INTERNATIONAL TRADE THEORY AND POLICY INTERNATIONAL TRADE THEORY Mercantilism Gold and silver were mainstays of national wealth. It was in a country‟s best interests to maintain a trade surplus maximize exports and minimize imports. Limitation: “Zero-sum game” Theory of Absolute Advantage Adam Smith (1776) Countries should produce
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Introduction & Meaning of International Trade 2 Advantage of International Trade 3 Disadvantage of International Trade 4 Benifits of International Trade 5 Risks of International Trade 6 Conclusion International trade International trade is the exchange of capital‚ goods‚ and services across international borders or territories. In most countries‚ such trade represents a significant share of gross domestic product (GDP). While international trade has been present throughout
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14Lesson 15: THE INTERNATIONAL COMMUNITY The Unity of Human Family: * The biblical accounts of creation bring out the unity of human family and teach that God of Israel is the Lord of history and of the cosmos. * God’s decision to make man in his image and likeness (cf. Gen 1 1:26-27) gives the human being a unique dignity that extends to all generations (cf. Gen. 5) and throughout the entire Earth (cf. Gen 10). * (indicated in the book of Genesis) Human being was not created in isolation
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Literature Review on International Standards and the TBT Agreement This literature review talks about three articles dealing with understanding what are these international standards recognized by the TBT Agreement‚ but also on their implementation by member nations of the World Trade Organization (WTO). Through these articles‚ we will try to define these international standards and their objective for international trade (I)‚ we will then explain how they are adopted and why their adoption process
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1. What are the basic goals of marketing? Are these goals relevant to global marketing? Marketing activities represent an organization’s efforts to satisfy customer wants and needs by offering products and services that create value. These goals are relevant in virtually every part of the world; however‚ when an organization pursues market opportunities outside of its home country (domestic) market‚ managers need an understanding of additional conceptual tools and guidelines. 2. Identify and
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CHAPTER 1 AN OVERVIEW OF INTERNATIONAL BUSINESS Chapter Objectives 1. 2. 3. 4. 5. Discuss the meaning of international business Explain the importance of understanding international business Identify and describe the basic forms of international business activities Discuss the causes of globalization Comprehend the growing role of emerging markets in the global economy 1-2 What Is International Business? Business transactions between parties from more than one country
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MODULE 10 International Monetary System Learning Objectives: 1. Explain how exchange rates influence the activities of domestic and international companies. 2. Identify the factors that help determine exchange rates and their impact on business. 3. Describe the primary methods of forecasting exchange rates. 4. Discuss the evolution of the current international monetary system‚ and explain how it operates. Chapter Outline: Introduction How Exchange Rates Influence Business Activities
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International Terrorism: Threat‚ Policy‚ and Response Summary This report examines international terrorist actions‚ threats‚ U.S. policies and responses. It reviews the nation’s use of tools at its disposal to combat terrorism‚ from diplomacy‚ international cooperation‚ and constructive engagement to physical security enhancement‚ economic sanctions‚ covert action‚ and military force. A modern trend in terrorism appears to be toward loosely organized‚ selffinanced‚ international networks of
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SINGAPORE MITA No. 013/06/2008 Company Report 12 March 2009 Olam International Ltd Gravity-defying growth Resilient to recession. Olam International Ltd (Olam) has been delivering consistent revenue and earnings growth since its listing in 2005‚ and growth momentum is expected to sustain despite the global recession. Management has guided for 16% to 20% topline CAGR and 25% to 30% earnings CAGR over the next three years. These goals are achievable‚ given that demand for food is relatively
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Globalization and International Business The Concept of Globalization – putting everything into one village * The process of integration and convergence of economic‚ financial‚ cultural and political systems across the world. * Globalization – refers to the integration and interaction between different people and nations. * Globalization is the process of international integration arising from the interchange of world views‚ products‚ ideas and other aspects of culture. Globalization
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