International Trade Simulation Assignment The Country Of Gorong Tomi Sanni & Rishegan Period 2 Ms. Vathers March 9‚ 2011 Part A: Economic Analysis Of Your Country & The Global Economy: Question 1: I chose Spain to compare to our country of Gorong we share many similarities Spain is one of the lead producers of fruit in the world such as Gorong. Spain produce 213‚617 fruits last year 2nd only to the United States of America‚ this is because Spain produces large amounts of olives
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integration of the global economy has strengthened the international integration of goods‚ technology‚ labour and capital. This process of cross-border restrictions eliminations on international capital flows has increased the growth of foreign direct investment (FDI) activity. Many countries make every effort to attract FDI because it will bring a substantial growth to their economy‚ in addition to its function as the principal vehicle of international capital movement. There is a widely shared view
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Chapter 9 Product policy and adaption in international markets Product variables Standardisation verses adaption * Marketers must consider environmental and sustainability issues when deciding on whether adaption is needed. * Below standardisation vs adaption Factors encouraging standardisation | Factors encouraging adaption | Economies of scale in production | Differing use conditions | Economies in r&d | Government influence | Economies in marketing | Differing consumer
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The major problems facing companies‚ especially smaller ones‚ in resolving product-adaptation issues are things that can differ in different cultures such as the taste of the product‚ the style‚ the color‚ or symbols‚ language‚ but also more specific like differences in technology‚ environmental differences‚ religion etc. The taste of a product is very important for the food‚ drinks and cigarette industry. Style is more important in car and fashion industry‚ which also includes the color and symbols
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questions. 1: In a world without trade‚ what would happen to the costs that American consumers would have to pay for Logitech’s products? 2: Explain how trade lowers the costs of making computer peripherals such as mice and keyboards. 3: Use the theory of comparative advantage to explain the way in which Logitech has configured its global operations. Why does the company manufacture in China and Taiwan‚ undertake basic R&D in California and Switzerland‚ design products in Ireland‚ and coordinate
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Marcel Fillipe Teixeira Student ID: 200911240 Diploma of Marketing Promote products and services to international markets Assessment Part B E-mail sent to the guests (Invitation) February 10‚ 2015 Dear guests‚ We would like to make it known that you are all invited to visit our office in New Delhi and attend to our meeting and virtual tour with our facilities in Australian territory‚ on March 22‚ 2015. We intend to introduce you to our courses and diplomas‚ along with our credentials‚ facilities
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Assessment 3 Buyer: The Theatre of Wine‚ in Greenwich‚ London‚ United Kingdom Shipowners/Shippers: Carry Carefully‚ South Africa The copy of B/L is attached. A. 1. for the carriage of a consignment of wine from South Africa (which has incorporated the Hague-Visby Rules‚ under its own Carriage of Goods by Sea Act 1986) to London (the UK). 2. The wine was shipped and the master issued a clean straight bill for the goods‚ which contained a "no liability for loss or damage caused
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Unit 2 Test International Trade in the Modern World Part A: True and False (15 Marks) / 15 Answer the following questions with true (T) or false (F). Correct the false statements T T 1.___ T T Positive effects of globalization include: improved human rights‚ increased productivity‚ and innovation. 2.___ F F Trade agreements are beneficial because they eliminate trade barriers and encourage foreign investment. 3.___ The North American Free Trade Agreement (NAFTA)
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7/16/2013 LESSON 2 THEORIES OF INTERNATIONAL BUSINESS Instructor: LTT. Xuân 1 Content Instructor: LTT. Xuân 2 1 7/16/2013 AN OVERVIEW • Free trade refers to a situation where a government does not attempt to influence through quotas or duties what its citizens can buy from another country or what they can produce and sell to another country International trade allows a country to specialize in the manufacture and export of products that can be produced most efficiently
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equilibrium is determined by the equality between the supply of dollars which comes from a. U.S. national saving and the demand for dollars for U.S. net exports. b. U.S. net capital outflow and the demand for dollars for U.S. net exports. c. domestic investment and the demand for U.S. net exports. d. foreign demand for U.S. goods and U.S. demand for foreign goods. 5. In the open-economy macroeconomic model‚ which of the following would make India’s net capital outflow decrease? a. a decrease in U
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