Outline and explain the reasons for International Trade. Please provide examples to justify your points for each section.
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- Outline and explain the reasons for International Trade.
Please provide examples to justify your points for each section.
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- Your company has decided to introduce some of its products to the international market and you have been asked to prepare a report highlighting the advantages and limitations of international marketing. What information would you include in your report?Present the advantages and disadvantages of the forms or modes of entry into the international or global market.The forms of market entry that you should consider are: export, import, subsidiaries, merger, acquisition, alliances (joint ventures), licensing and franchises.You have been exposed to the classical theories and Modern Theories of Trade.I. Discuss two (2) Classical Theories of Trade II. Discuss two (2) Modern Theories of Trade III. In your view which of these theories can be relied on today for successful international trade.
- Outline and explain the reasons for International Trade. Critically discuss the economic rationales for Governments to intervene in the international trade which would affect their country. Explain the concept of a trade embargo and its effect on the country where the embargo has been placed. Please provide examples to justify your points for each section.Throughout this course, we've learned how laws, customs, events, and circumstances shape international marketing. During the past year, our lives have changed dramatically due to the outbreak of the COVID-19 pandemic. The pandemic has changed our lives in many ways. What changes or impacts do you predict the pandemic (and/or the country's handling) will have on the future of international business and marketing?What is the Bill of Lading in international trade?
- Discuss how the International Trade System and the Economic, Political-Legal, and Cultural Environment affect a company's International Marketing Decisions.What is the definition of an international marketing information system (IMIS)?Discuss how the international trade system and the economic, political–legal and cultural environments affect a company ’s international marketing decisions?