The writer is very fast, professional and responded to the review request fast also. Thank you.
I need answers for these questions please?
1. Distinguish between an absolute advantage and a comparative advantage. Cite an example of a country that has an absolute advantage and one with a comparative advantage.
2. What effect does devaluation have on a nation’s currency? Can you think of a country that has devaluated or revaluated its currency? What have been the results?
3. What effect does a country’s economic development have on international business?
4. How do political issues affect international business?
5. What is an import tariff? A quota? Dumping? How might a country use import tariffs and quotas to control its balance of trade and payments? Why can dumping result in the imposition of tariffs and quotas?
6. How do social and cultural differences create barriers to international trade? Can you think of any social or cultural barriers (other than those mentioned in this chapter) that might inhibit international business?
7. Explain how a countertrade agreement can be considered a trade promoter. How does the World Trade Organization encourage trade?
8. At what levels might a firm get involved in international business? What level requires the least commitment of resources? What level requires the most?
9. Compare and contrast licensing, franchising, contract manufacturing, and outsourcing.
10. Compare multinational and global strategies. Which is best? Under what circumstances might each be used?
Show more
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.
Read moreEach paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.
Read moreThanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.
Read moreYour email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.
Read moreBy sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.
Read more