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Identify and describe the three dimensions of the legal environment for global business?
U.S. law, international regulations, & the laws of the countries in which they plan to trade.
What are some Benefits of trade?
There are a great many benefits of international trade. International trade ensures that people from around the world get what they need even when their country cannot produce it.
Do some international trade theories work better than others for different industries?
yes some international trade theories work very well than other for different industries
Why country should impose protectionism policies on international trade?
Due to certain geographical or demographic conditions, some country have competitive leverages such as cheap labor or availibilty of natural resources. To protect countries from ills of dumping, trade of illegal items they impose it.
What is liberal theory of international trade?
The liberal theory of international trade is derived from neoclassical economics and asserts that free trade, and the liberalization of domestic economies will produce positive gains for all nations. However, evidence suggests that poverty in developing countries has been perpetuated, and in some cases deepened within the framework of free trade. The term 'neo-liberal' is now used in a pejorative sense mainly by those who are critical of these kinds of market reforms.
What is the difference between international trade and international finance?
international trade :exchange or business of goods and services across the bordersinternational finance :dependence on foreign countries to fund some activities or support economy
Is paper an international trade?
yes but only in some countries where it's scarcity to have any paper
Identify and describe the three dimensions of the legal environment for global business?
U.S. law, international regulations, & the laws of the countries in which they plan to trade.
What are the important geographical aspects that favor international trade?
please guys if you do not know the answer leave the question alone because some people google for information unlike you who google for nothing. Geographical aspects that favour international trade would be the canals that we have available on the oceans and it could also be the growth of products that the countries trade with, the quicker they grow the faster we trade the goods for what we need.
What are the Benefit Nigeria derive from engaging in international trade?
1)some of the goods that Nigerians are importing cannot me provided here so they cant therefore just improt the goods.
What are some Benefits of trade?
There are a great many benefits of international trade. International trade ensures that people from around the world get what they need even when their country cannot produce it.
The World Trade Organization WTO has?
succeeded in reducing some barriers to international trade
Why is some international trade not fair?
Because life is not fair
Why is necessary for Ghana to co operate with other countries?
Co-operation is the act of coming together and working to achieve a common goal or aim.It is necessary for Ghana to co-operate with other countries because;Ghana can benefit from international assistance.Ghana can benefit from larger or wider market.To get access to international funds.To establish peace and national securityTo maintain friendly relations with other nations.To promote peaceful resolution/settlement of disputesTo benefit from joint projects such as such as the West African Gas Pipeline Project.To benefit from technical assistance such as computers, agrochemicals, technological transfer and technical skills.To be part of the global fight against some global issues such as drug trade, internet fraud, money laundering and hunger/famine.To gain access to international funds in the form of loans, aids, grants and other forms of financial assistance from developed countries (USA, Canada Britain & China)
People in how many countries make up the global market?
Almost every country in the world participates in the global market to some extent. There are 195 countries in the world, and the majority of them are engaged in international trade and commerce with others.
Why did the Black death only go to some countries?
it struggled for transportIt was brought to European countries on trade ships. Countries that were not part of the trade routes didn't get it.
Do some international trade theories work better than others for different industries?
yes some international trade theories work very well than other for different industries
