Test Essay on International Competitiveness

With reference to organisations or industries that you know, to what extent do you think that recent changes in the UK economy will have inevitably damaged the long-term profits of businesses that operate in this country? (40 marks)

Besides, I was looking upon the fluctuations (if any) of the market demand, upon current and new competitors and their strategies as well as for new markets and even new products and suppliers if they could offer better

P1 – Explain the effects of changes in the economic environment on a selected business.

In comparison with other competitive countries, Britain’s economy was also lagging behind. One aspect was that Britain’s GDP growth rate was the lowest in Western

they have proposed when it comes to the usage of taxes, as a way to alleviate the insurmountable

The price of products will drop which can lead to the growth of the economy if the taxes of big corporations will decrease. According to President Trump in the third debate on President Debate “When the company lower the taxes from 35% to 15% they have more money to spend on research, development, and producing things which can lead to growth”(para.2). Therefore,companies do not need to move from and buy or sell their products from other countries that raises the cost of their products only to avoid paying high rates here in the United States. If they will not have to pay high rate of taxes more products will be made here and these may cause a decreasing in the price of the products. The economy will expand again. However, we live in a country where business is all about competition.A country where business is pure capitalism which means business are owned and or manage by private owners for profits. They are only after the profits, they do not think about their consumers because we need their products to survive so we still buy them. Even though Money is only matters when it comes to business but by

The first reason why I want to participate in NSLI-Y is because I will expand on my language ability. I am currently taking Mandarin Chinese at school, and I have been learning numerous amounts of new words and phrases in class. However, I believe that stepping foot into the country can help me learn more than what I learn in my class. When going to the actual country, I can pick up on tone and fluency more easily, as well as learn modern slang terms and writing. The second reason for participating would be to bond with students. Living in Iowa my whole life, I have not witnessed as much diversity as individuals from certain other states. I become enthusiastic when new exchange students enroll in the school I attend. The students always seem

If the taxes for business are lowered, the businesses will be able to increase employment, and that will lead to the unemployment rate further decreasing, which will improve economic growth. In addition to that, the businesses will spend more on supplies and as it spends more on supplies, other businesses will get higher demand, and that will lead to more money that can be spent on multiple things such as hiring people, and improving production, and management efficiency. Eventually, this will be a ripple effect, and the Canadian economy will

The main exchange rates exposures are: British pounds, Deutsch Mark, Japanese Yen and Belgian Francs.

This in the long run could benefit other countries tremendously. It is even possible to cause the same effects of the supply-side policies in the US to occur in the other countries, like an increase in employment. Unfortunately, there are limitations on supply-side policies. In the case of the Laffer Curve for the years 1981 through 1989, total tax collections when adjusted for inflation, actually declined after 1981 tax

These lower wages lead to hardships. As the consumer spends less, demand decrease, and jobs

Which is cost difference determines the patterns of international trade. Absolute advantage is trade benefits when each country is at least cost producer of one of the goods being traded. In the 1800s, David Ricardo developed the theory of comparative advantage to measure gains from trades. This theory is based on comparative advantage and it states each nation should specialize in production of those goods for which its relatively more efficient with a lower opportunity cost.

The death penalty is always a controversial subject. This controversy is because people have different perspectives on the decisions of the criminal justice system and capital punishment. These different outlooks and opinions of the justice system and the death penalty lead to debates. Some of these debates are based on whether the race of the defendant and victim affect the decision of the death penalty. One of the major concerns are the number of death sentences among murder convictions based on the race of the defendant. The Death Penalty Information Center published a study called “The Death Penalty in Black and White”, in 1998. This study follows 667 murder convictions in Philadelphia between 1983 and 1993. The study was conducted to

International business today has exceeded more than any person has ever thought it would, countries are doing more trading and importing now than ever. International business can affect everyone, from small business owners to big companies all over the world. A country that comes to mind that does a lot of international business is the United Kingdom (UK). This paper will include the following: the background of the country, economic environment, government policies, international economic integration and business environment, and current events. By the end of this paper you will be able to know everything about the UK and if you want to construct business or take business out of this country.

"Islam" is derived from the Arabic root salaama meaning peace, purity, submission and obedience. Islam stands for making peace by submitting to the will of God and obeying His law. Jews and Christians view Islam as the latest of the world's great religions. However, worldwide Muslims (sometimes written "Moslems") understand their universal religion as the "final religion" and the "primal religion."