Why does China specialize in making low cost apparel and the U.S. specialize in civilian aircraft?
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1. Why does China specialize in making low cost apparel and the U.S. specialize in civilian aircraft?
2. Why does the U.S. manufacture many of the parts that go into cars, but ship those parts to manufacturing plants in Canada and Mexico?
3. If we stopped trading with China, what would happen to the price of clothing and computers for American consumers?
4. Notice that there is little mention of the U.S. importing food or agriculture. What does that say about America’s farmers?
5. Why do so many of Mexico’s and Canada’s exports go to the U.S? What problems could that create for their economies?
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- 1. Why does the U.S. manufacture many of the parts that go into cars, but ship those parts to manufacturing plants in Canada and Mexico? 2. If we stopped trading with China, what would happen to the price of clothing and computers for American consumers? 3. Notice that there is little mention of the U.S. importing food or agriculture. What does that say about America’s farmers? 4. Why do so many of Mexico’s and Canada’s exports go to the U.S? What problems could that create for their economies?Kalkuhl et al. (2016) studied the effects of food price fluctuations on small-scale farmers. According to the analysis, local farmers are especially vulnerable to changes in food prices because they frequently need more tools and expertise to manage these changes. The case suggests that by promoting price stability and supplying more dependable markets for small-scale farmers' crops, policies and interventions focused on lowering food price fluctuations can benefit them. These policies could entail boosting financial support for small-scale farmers through trade policies, expanding access to banking services, and increasing investments in agricultural research and development. Based on the passage above give a short explanation of what the passage intends for the reader?A company in Wisconsin wants to export cold-pressed lemon oil to Lithuania for human consumption or usage. They have contacted your organization for export assistance. The lemon oil is inspected and packaged in bottles for human consumption, all in Wisconsin. Each bottle of 4 fl ozs. costs $5.00. The firm needs the information below to help them evaluate the requirements involved in exporting this product to Lithuania . In terms of the US' HS Code for a product of this type, it would be best fit the description of essential oils of lemon which is in "Chapter 33 - Essential Oils and Resinoids; Perfumery, Cosmetic or Toilet Preparations." Its Schedule B Number is 3301.13.0000. 1. Presume it is an eligible product for import into Lithuania . Determine the import tariffs and value-added taxes imposed by Lithuania for an imported product of this type. 2. Provide a summary of the import documents required for packaged products for human consumption that the firm should check upon.…
- In looking at the distribution of countries in terms of the price of 1 gigabyte of mobile data, certain relationships seem to make more economic sense than others. From the following set, please identify that statement that provides a fundamentally wrong interpretation for the wide variation in the price of 1 gigabyte of MB of data worldwide A) Countries with some to extensive fixed-line telecom infrastructure can offer mobile plans with more data at a cheaper price. B) Low demand in a market typically leads to an increase in competing mobile providers, which in turn reduces the supply of product, and hence, lower the price to consumers. C) Wealthier nations tend to charge more for mobile services since the population can generally afford to pay more. D) Countries with minimal or no fixed-line telecom infrastructure must rely on more costly connections, such as satellites, and the higher cost typically gets passed to the consumer. E) Operating a local network in…Suppose Mexico is a major export market for vour U.S.-based company and the Mexican peso appreciates drastically against the US. dollar. This means your company's products can be priced out of the Mexican market, as the peso price of A American imports will rise following the peso's fall. 8 your firm will be able to charge more in dollar terms while keeping peso prices stable. C. your domestic competitors will enjoy a period of facing lessened price competition from Mexican imports D both b and c are correctA team of young IT students wants to exploit the situation of Corona Pandemic and want to launch a company which will manage Digital Currencies in Pakistan. They registered their company as “Vmoney4U”. The goals of the company are to combine different digital currencies in the local market and make one point solution for everyone. Few of their friends and family member also join their group to give their expertise in Law, cyber security, finance, accounts, human resource management and marketing. They wish to get a system which integrates their functions and help them develop the application and its promotion. Being a business consultant, identify the needs of the organization? Being a functional consultant, identify the functions required for the system?
- In 2022, Toyota Vietnam reached 92.625 cars which increased to 34% compared to 2021. In 2023, they are planning to sell 130,000 cars. However, in the quarter 1 of 2023, Toyota Vietnam only sold 13.566 cars which decreased 27% (~ 5.067 cards) compared with the quarter 1 of the 2022. If this current situation is not solved, they may not reach their goal and lose the leading position of the Vietnam car market. You are a Toyota sales manager, what would you do to improve the situation ? Please come up your sale plan for the quarter 2,3 and 4 of 2023 Your plan MUST has these things below: Find out their current problems Communicate your company's goals and objectives. Provide strategic direction (include integration between your sale and marketing) Outline roles and responsibilities. Monitor your sales team's progress.Phillips-Van Heusen owns or licenses 19 of America’s most successful apparel and footwear brands. Its multiple brands, multiple channels, and multiple price point strategies are designed to provide stability should market trends such as the economy or consumer taste shift. In other words, if a recessionary period occurs, the company can sell its Arrow and private-label brands in discount stores. In the event of a prosperous economic time, the company can benefit from the sale of its Calvin Klein and Kenneth Cole brands in specialty stores. In either economic scenario, the company can remain profitable using the: A. principles of administrative management B. human relations approach to management C. principles of bureaucratic management D. systems approach to management E. contingency approach to managementGizmo Sprockets is a successful U.S. distributor of home appliance parts. Having been in business for more than ten years, it has contracts with thousands of retailers and repair shops throughout the country. The CEO wants Gizmo to go international, opening some locations in large economies such as Brazil and India. He thinks that since the principles of how people do business in a free market are essentially the same anywhere, the expansion of Gizmo’s business into other countries should be fairly straightforward. In other words, because the company has been successful in the United States, it will also be successful in international markets using precisely the same techniques. Question | Which of the following, if true, would most strengthen the CEO’s argument? A) Expensive legal research is often required before U.S. companies can set up facilities in other countries. B) Gizmo’s marketing strategies will need to be tailored to overseas markets to be successful. C) The…
- Gizmo Sprockets is a successful U.S. distributor of home appliance parts. Having been in business for more than ten years, it has contracts with thousands of retailers and repair shops throughout the country. The CEO wants Gizmo to go international, opening some locations in large economies such as Brazil and India. He thinks that since the principles of how people do business in a free market are essentially the same anywhere, the expansion of Gizmo’s business into other countries should be fairly straightforward. In other words, because the company has been successful in the United States, it will also be successful in international markets using precisely the same techniques. Gizmo’s marketing director argues that because the global economy is interconnected, if Gizmo continues to be profitable in the United States it should be able to invest that money to do well internationally. Which of the following, if true, would most weaken her argument? A) Investors will not be willing…COVID 19 has adversely affected many economic activities in most countries in 2020. Although many economies recovered in the past few months, there is still a great risk facing many firms. There are problems facing investors wanting to start a new business. The following are questions on the relevant information needed to start a new business venture in the UAE. Identify five economic areas that have demonstrated good performance in the UAE during 2020 despite the effects of COVID 19. Starting a business in these sectors will be more likely successful. Suppose you have initially selected a specific area to start a new line of business from one of the five areas above. There is some relevant information available about similar businesses that are currently operating in the market. What information do you look for to evaluate the feasibility of the new business judging?Naboni Enterprises was established in 1991 by Mr. Nicholas Menyani following the liberalization of the Zambian economy by the government. Prior to 1991, there was little or no scope for the private sector to own and run business in the mining, agricultural and commercial sectors of the economy. All this changed in 1991 when the government decided to liberalize the economy. State owned companies were privatized and the window was opened for the private sector to invest in major sectors of the economy. In the case of the mining sector, the government further offered tax incentives to attract investment. Nicholas Menyani had worked as a technician for a mining company in Kitwe for twenty-five years before his retirement in 1985. When he retired, he did odd jobs in and around Kitwe. However, the income from doing the odd jobs was typically insufficient for him to meet his daily needs and Menyani longed for an opening that would bring him a steady income. The opportunity came when,…