JDB

Why are Some Nations Rich and Others Poor? Introduction Over the years, a nation’s economy will change drastically and, due to a large variety of factors, there are now countries who are significantly wealthier than others. These factors range from lack of education, to lack of natural resources and all of them notably effect the economy of a country.

All of a sudden, a light breeze caused little leaves to fall into the water. The emperor tasted the water and found it delicious (Higgins & Burke, 2014). Tea became an essential beverage in China. While the story of tea indicates that tea was introduced from Ancient China, tea has been a crucial trade product that travelled through centuries to reach almost every corner in the world. Higgins and Burke argue that from China to North American, tea developed to new variations, flavors, uses, production methods, and equipment. Also, tea rituals have developed and taken a significant place in local cultures (Higgins & Burke, 2014).

- Power of Customers: Customers have always had a lot of influence over the retail industry due to their price sensitiveness. Given the fact that websites and direct mailing are increasing, it gives a stronger power to the customer since they have the opportunity to compare prices, quality and have a large panel of the same products purposed.

Australia is a nation without limits scene, society and more rooted archaic rich economies in the world. Australia is the sixth largest country in area and is the main country to represent an entire land mass. A wonderful native habitat caliber of different qualities and extraordinary life, Australia is a destination for travelers from all over the world and 10 percent of biodiversity in the world and an impressive number of local plants and creatures he n ' There is no other place on earth. Rainforest in the north to the red deserts of the interior, the snowfields of the Australian Antarctic Territory in the southeast, is a vast region and changed. Australia is home to one of the most experienced companies in the world living with indigenous

Many products we use today are made in China. Trade between Australia and China has heightened in the last couple of years. China has one of the world’s largest economies. It has an increasing role in shaping the world economy, accounting for a third of the increase in the world’s gross domestic product and imports for the period 2000 to 2003 (The Economist 2004). It is also home to a population of 1.3 billion inhabitants, consuming a variety of goods from food items to luxury commodities, toys, clothing, gifts, most car parts and many more things Australia benefits from. For non-agricultural goods, Australian import tariffs are generally low. The most notable exceptions are on motor vehicles and textiles, clothing and footwear imports.

Due to differences in culture and perception between non-Chinese and Chinese Australia; Chatimes exotic flavors of its tea; may limit its appeal to non-Chinese Australians as these flavors may be considered too foreign and therefore unappealing. Chatimes primary marketing towards Chinese Australian’s may also limit ‘bubble tea’s appeal’, as non-Chinese Australians may be unable to identify with the product and therefore reluctant to try it.

This means that without Australia buying these goods and services there would be a big hit on their economy. China also relies on Australia in the form of international students. In 2015 26% of Chinese international students were enrolled at Australian educational institutions, this also included schools. China is also the worlds biggest exporter of textiles and clothing. In 2016 Australia imported 59.89% of its clothing from China. This means that Australia is purchasing a significant amount of China’s

In recent years the consumption of alcohol with energy drinks (AmEDs) have become popular among adolescents and young adults in Australia and internationally (Guanja and Brown, 2012; Marczinki et al., 2012; Peachock et al., 2012; Pennay et al., 2011). AmEDs is a concoction of extensively caffeineated beverage such as Red bull or V combined with alcohol. In Australia, almost fifty percentage of 18 to 21 year olds have consumed AmEDs and ten percent consumes them on a weekly basis (FARE,2012). As a result of this phemenon of consuming caffeinated energy drinks (ED) with alcohol (AED) questions have led to questions about relationship between AmED expectancies and frequence of consuming AmEDs (Pennay A.,Lubman D., Miller P.Combining energy drinks

This report is the analysis of two Australia 's trade partners China and India. It will explore and deliver a suggestion which country should the company choose to move in taking into consideration relevant economical factors leading towards repatriating 80 percent of the

South Korea relies on imports and is Australia’s 3rd largest export market (AusTrade,2017). South Korea has an area of 99 720 square kilometres which is only the 109th largest country however it has the 26th largest population (Litner,2017). The large density of the country proves ROK can’t produce enough to sustain its self, especially in the agriculture sector (Australia Unlimited, 2017). Australia currently only has 1% of all exports for vegetable and fruit products to ROK which suggests that Koreans haven’t experienced fresh Australian produce. Throughout Asia, Australia has a reputation of producing clean and green quality food products (AusTrade,2017). The current lack of Australian companies exporting vegetable and fruit products suggests that we won’t have any competition from fellow Australian companies. ROK and Australia recently signed a free trade agreement (KAFTA) which improves market access for Australian companies (ABC,2014). The KAFTA safeguards Australian competitiveness suggesting that entering the Korean market would be beneficial for our company.

At least three factors may be considered as growth propellers in the group of healthy, non-carbonated beverages. The most important and widely discussed is the growing consumer awareness and concerns about the effects of diet on health and well-being. This new approach, which has been producing profound effects on consumption habits,

Knowing Chinese tea culture thoroughly is a wise way for people to explore the Chinese society and culture. As a traditional drink, it has been planted and consumed for over five thousands years. The climate of China is perfect for growing tea, which leads to large quantities and good quality of tea. According to the line diagram, “Dynamics of manufacture of tea in China, thousand tons” there were about 1,200 thousands tons of tea manufactured in 2008, which made China the biggest tea manufacture country in the world. As we can see, tea has a special position in Chinese society. Due to its popularity, Chinese tea gradually raises international interest, and leads China to be a more influential country in the

Direct export access to China used to be difficult due to the complexity and slowness of the country 's customs rules and regulations. But with the relaxation in regulatory restrictions and the opening of its markets to foreign investors, China could become the next successful market for cognac and champagne importers. The elimination of tariffs in the wake of China 's accession to the World Trade Organization may encourage more cognac and champagne importers to the mainland, thereby skewing cognac/champagne import statistics in the near future. Last year, China ranked 20th in terms of cognac imports, with 1.2 million bottles (Export.gov). Since China became a member of the World Trade

The power of buyer is high as there is an overabundance of retailers in the market. For instance, Zara, Gap and Uniqlo. (Johnson et al., 2014, pg 576) This implied that customers have a wide variety of stores to shop around for bargainable apparel at the best prices. This leads the buyers to switch from one brand to another effortlessly.

Hangzhou Qingxin Tea Co., Ltd. was established in 1999 and is engaged in production, processing and export of tea and tea products and has annual sales of about 4 million US dollars.