How do I highlight the basis for trade between two countries with, 1. Identical production possibility frontiers and different demand conditions 2. Identical demands and different production structure
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How do I highlight the basis for trade between two countries with,
1. Identical production possibility frontiers and different demand conditions
2. Identical demands and different production structures
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- Your company is considering exporting its products to Egypt. Yet, management’s current knowledge of this country’s trade policies and barriers is limited. Before your company’s management decides to export, a more detailed analysis of the political and economic conditions in Egypt is required. Prepare an executive summary of your analysis and findings of the factors you would look at? What is the basis of Country’s comparative advantage and absolute advantage in the production of goods and services?What Is Smith’s Theory Of Absolute Advantage based on your understanding from the material? How Does The Theory Of Absolute Advantage Work in organizations from your country that deals with the interantional trade? What are the Challenges faced by these organizations regarding the international trade policy of from your country and other collaborated countries1. A machinery purchased for a project from local manufacturer who is a big exporter of that machinery will be mentioned in ----------- (a) Local cost component (b) foreign cost component (c) export cost component (d) none of these
- ( )3. n which of the following modes of entry into foreign markets does a firm agree to set up an operating plant for a foreign client and hand over the plant when it is fully operational? Franchising agreement B. Turnkey project Licensing agreement D. Wholly owned subsidiaryThe sphere of international trade has widened both in volume and in value. Countries nowadays import many things which they could not produce for themselves. The principle underlying international trade is that a country should specialize in the production of those commodities for which it has the greater advantage over others. The theory of international trade is, therefore, based on the principle of comparative advantage developed by David Ricardo in 1817. With examples, discuss any FIVE (5) Malaysian products that have the most demand overseas because of its comparative advantage. Please Elaborate as much as you can Preferably over 1000 wordsThere are multiple ways a company can enter a foreign market. Explore two possibilities such as exporting, foreign direct investment, and collaborations (joint ventures, alliances, licensing, franchising), and evaluate the pros and cons of each method. Which types of products and services would be appropriate for each market entry method?
- Inter-industry exchange occurs when a nation exports one commodity and imports another. Though inter-industry trade is significant, intra-industry trade is also significant today. Define intra-industry trade and demonstrate its benefits using a commodity with two (2) trading countries.Which of the following may not be a method to encourage exports? Select one: a) Credit facilities b) promote export through exhibition c) Qouta increase d) Marketing facilities etc e) GrantsPorter's diamond method using in Sri Lanka while camparing with other nations & also companies inside in Srilanka, please explain.
- All of the following are benefits of creating regional agreements except: Question 10Answer a. Even though not always cost effective, member countries may trade with each other b. There is usually understanding and agreement c. Cheaper prices are often seen within the trading blocs d. More job opportunities are createdWhen competing in multiple foreign markets, companies find it advantageous to concentrate their activities in a limited number of locations in all these conditions EXCEPT when A)there are significant scale economies in performing an activity. B) the activiites should be customized to each location to adequately meet buyer needs. C)certain locations have superior resources or other valuable advantages for performing certain activities. D) the costs of some activities are significantly lower in some geographic locations than in others. E) there is a steep learning or experience curve associated with performing the activity in any location.Cross-market subsidization refers to A) supporting competitive moves in one country market with resources and profits diverted from operations in other country markets. B) the practice of shifting company resources from nations where a company has big profit sanctuaries to nations where it has smaller profit sanctuaries. C) the practice of getting a company's home government to help finance or subsidize its entry into foreign countries. D) using cross-border transfer of a company's skills and expertise as a basis for successfully overcoming the barriers to entering new country markets. deliberatly operating at a loss in some country markets.