Analyze and comment about RCA of Vietnam based on data from Trade Map in 2012. Contents Introduce about RCA Analyse of some VN’s industries Evaluation of statistics Case study of Rice: RCA of Vietnam Rice in comparision with Thailand Introduction Coefficient of Revealed Comparative Advantage (RCA). • Represent comparative advantage or disadvantage of a certain country in a certain goods or services. • It is based on the Ricardian comparative advantage concept. EX1 : Export value of commodity
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1：Mercantilists believed that a nation would benefit from achieving: an even trade balance (exports equal to imports). a positive or favorable trade balance (exports larger than imports). as much self-sufficiency as possible (minimal exports and imports). a trade deficit‚ funded by loans from other nations. [我的答案] a positive or favorable trade balance (exports larger than imports). 2：Adam Smith’s theory was based on the labor theory of value‚ assuming that: the value of labor depended
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Realists usually have a pessimistic view of human nature. realists are skeptical that there can be progress in international politics that is comparable to that in domestic political life. there is two kind of realist one is classical realist and the other is contemporary realism. classical realism is basically normative approach and focuses on the core political values of national security and state survival. and the three basic classical realist are Thucydides : political fate‚ necessity
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| Evaluate international marketing opportunities | Unit Descriptor | This unit describes the performance outcomes‚ skills and knowledge required to evaluate the international environment‚ to identify market factors and risks‚ and to assess the viability of international marketing opportunities. No licensing‚ legislative‚ regulatory or certification requirements apply to this unit at the time of endorsement. | ELEMENT | PERFORMANCE CRITERIA | 1 . Review the global market environment |
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Public International Law Nature‚ Scope‚ Basis of Public International Law. International Law assumes a society of nations and it governs the relationship of the members of this society. A system composed solely of legal rules and principles binding upon civilized nations only in their mutual relations. Professor Oppenheim has defined international law in the following words : “Law of Nations or International Law is the name for the body of customary and conventional rules which are considered legally
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Chap- 9 International Marketing Management Marketing is the process of planning and executing the conception‚ pricing‚ promotion‚ and distribution of ideas‚ goods‚ and services to create exchanges that satisfy individual and organizational objectives. International Marketing is the extension of these activities across national boundaries. Firms expanding into new markets in foreign countries must deal with differing political‚ cultural‚ and legal systems‚ as well as unfamiliar economic conditions
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INTERNATIONAL POLITICS-MEANING‚ NATURE AND SCOPE INTRODUCTION International Politics as an academic discipline is of a recent origin. This discipline is that so new that it can be called as the ‘youngest of all the social sciences’. It is dynamic in nature. The first chair of international Politics was founded in 1919 at the university College‚ Wales‚ U.K. Since International Politics is concerned with the relations among different nations. In the present time‚ Environment protection‚ growing
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aspect of local‚ regional‚ national or international politics. In brief‚ an approach ‘consists of criteria of selection-criteria employed in selecting the problems or question to consider and in selecting the data to bring to bear; it consists of standards governing the inclusion and exclusion of question and data. Realist approach is an important approach related to the study of international Politics. It based on really and tries to explain International Politics in context to reality. This
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The study of international business does relevance to individual no matter they are going to work in a large multinational enterprise or small firms. An international business can be defined as requires the organization to change its processes and structure to accommodate a different way of operating. Because‚ nowadays domestic companies does not compete locally but competing globally against products and services that come from abroad. Furthermore‚ the international business now‚ comprises a large
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------------------------------------------------- Sources of international law ------------------------------------------------- Sources of international law refers to where states‚ organizations‚ individuals and courts can find principles of international law. One broadly accepted definition of sources of international law includes Article 38 of the ICJ Treaty. According to this article‚ theInternational Court of Justice shall apply the following sources of law‚ ranked in order of precedence: a. international conventions‚ whether
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