Instructions: Analyze and answer the following questions A US Company plans to sell farm equipment in a country in Asia. This country traditionally had not conducted business with companies outside of its geographic region. Answer these questions for the US company. 1. What geographic factors might influence the company's international business activities? 2. How might economic conditions affect business decision 3. What social and cultural influences could affect business decisions? 4. How could politics and laws after the company's exporting activity? Limit your answer/s to 2-4 sentences only.

Instructions: Analyze and answer the following questions A US Company plans to sell farm equipment in a country in Asia. This country traditionally had not conducted business with companies outside of its geographic region. Answer these questions for the US company. 1. What geographic factors might influence the company's international business activities? 2. How might economic conditions affect business decision 3. What social and cultural influences could affect business decisions? 4. How could politics and laws after the company's exporting activity? Limit your answer/s to 2-4 sentences only.

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter34: Globalization And Protectionism

Section: Chapter Questions

Problem 18SCQ: How does competition, whether domestic or foreign, harm businesses?

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Instructions: Analyze and answer the following questions A US Company plans to sell farm equipment in a country in Asia. This country traditionally had not conducted business with companies outside of its geographic region. Answer these questions for the US company. 1. How could politics and laws after the company's exporting activity? 2 How might economic conditions affect business decision (Please cite additional info from previous answers if possible) 3. What social and cultural influences could affect business decisions (Please cite additional info from previous answers if possible) Limit your answer/s to 3-4 sentences only.
Question 10 Which statement is supported by the information in the table? Export and Import Table Canada United States Top Export Partners n Export Partner D United States United Kingdom Canada Mexico China Japan Percent of Exports 73.70% 4.20% 19.00% 13.30% 7.00% 4.50% Top Import Partners Import Partner United States China Mexico China Canada Mexico Japan Germany B The United States exports more goods to China than to Canada. Percent of Imports 49.50% Trade with China disrupts trade between the United States and Canada. 10.80% A Canada and the United States are each the chief exporting nation to the other. 5.50% 18.40% 14.20% 11.70% 5.80% 4.40% Canada imports more goods from the United States than it exports to the United States.
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