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- Is it common for manufacturers to develop exclusive arrangements with resellers in your country? Are there problems with such arrangements, and are they legal?What are the benefits of importing and exporting products?What might the differences between economically developing and developed nations mean to an international company considering entry into a foreign market?
- Discuss why countries sometimes trade goods with one another. Think about the advantages and disadvantages of trade. As the video notes if one country can produce goods better than another country why would it still trade with that country? hOW CAN TARIFFS IMPACT TRADE? Why do some countries decide to protect certain goods and products and encourage domestic production of those items rather than see them being traded for even if another country can produce the item more efficiently. If you were in charge of your home country what products and industries would you put tariffs on to protect domestic industries and supplies from international trade partners.Select a multinational company that operates in your country. Evaluate the importance to this company of undertaking SWOT and PEST analysis before it substantially expands its operations. [20]Suggest also four (4) programs/policies which can be instituted by your government to help businesses of your country participate more in international trade.