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- How can countries use trade agreements not only as a means to promote economic growth and cooperation but also as a tool to address broader social and environmental issues, such as labor standards and sustainability, in the context of international trade?Discuss how the COVID-19 has turned out to be a business risk in international environment and explain how it is likely to have affected international business contracts. Take care to use MNCs for your examples and illustrations.What type of conflicts/problems may occur without delivery terms in international trade?
- What could have been the unique challenges of enforcing international contracts when the pandemic hit and companies had to resort to many emergency measures to support their businesses? Would these international contracts have been enforceable when a global crisis arises? Find examples where contracts may be an issue in international business and management of business operations, and post your answers accordinglyHow do international contracts differ from domestic contracts, and what challenges do parties face when negotiating and enforcing contracts across borders?Introduction to Trade Policies: Provide an introduction to the significance of trade policies and agreements in the context of international business. Your international business is an oil rig located in Saudi Arabia. Answer the following question with this in mind 1a. Identify and discuss three trade policies that may directly impact your international business venture. Consider tariffs, quotas, and regional trade agreements as examples. 1b Apply at least two major trade theories to your international business venture. Discuss how these theories explain or influence your choice of products, target markets, or trade strategies.
- what is a global trade agreement and what purpose does it serve?How to explain trade agreements that regulate business transactions and the appropriate processes for resolving international business disputes?What are some of the unique challenges that businesses face in drafting and enforcing contracts across international borders?
- 10. Why countries choose to enter into Free Trade Agreements such as the U.S. Mexico Canada Agreement, or USMCA? What are the benefits of a membership in the Free Trade Agreements?What is Free Trade Agreement?Discusss what are some of the unique challenges that businesses face in drafting and enforcing contracts across international borders?