answersLogoWhite

0

What else can I help you with?

Continue Learning about Economics

Explain the nature and benefits of International Marketing?

Enhances the domestic competitiveness Takes advantage of international trade technology Increase sales and profits Extend sales potential of the existing products Maintain cost competitiveness in your domestic market Enhance potential for expansion of your business Gains a global market share Reduce dependence on existing markets Stabilize seasonal market fluctuations


What are the effect of international finance on domestic trade?

What are the effect of international finance on domestic trade?


What are the effects of international trade to domestic markets?

· What are the effects of international trade to GDP, domestic markets and university students?


Why do we export?

Countries export goods and services to access larger markets, increase their economic growth, and enhance their competitiveness. Exporting allows businesses to diversify their revenue sources, reduce dependency on domestic markets, and take advantage of economies of scale. Additionally, exports can improve a nation's balance of trade and foster international relationships by stimulating cooperation and trade partnerships.


What is commerce policy?

Commerce policy refers to the regulations, laws, and strategies that govern trade and economic interactions between countries or within a country. It encompasses various aspects such as tariffs, trade agreements, import/export regulations, and support for domestic industries. The primary aim of commerce policy is to promote economic growth, protect domestic markets, and enhance international competitiveness while balancing interests of consumers and businesses. Effective commerce policy can foster sustainable economic development and strengthen international relations.

Related Questions

Explain the nature and benefits of International Marketing?

Enhances the domestic competitiveness Takes advantage of international trade technology Increase sales and profits Extend sales potential of the existing products Maintain cost competitiveness in your domestic market Enhance potential for expansion of your business Gains a global market share Reduce dependence on existing markets Stabilize seasonal market fluctuations


What are the effect of international finance on domestic trade?

What are the effect of international finance on domestic trade?


What are the effects of international trade to domestic markets?

· What are the effects of international trade to GDP, domestic markets and university students?


What analysis is conducted by the International Trade Commission?

The International Trade Commission analyzes the manner in which the domestic industry relates to the international industry.


Which of these is a drawback to international trade?

job losses in the domestic economy


What has the author John C Hilke written?

John C. Hilke has written: 'International competitiveness and the trade deficit' -- subject(s): Balance of trade, Industrial statistics, International Competition, Statistics


What is advantage and disadvantage of international trade?

A+ job losses in the domestic economyjob losses in the domestic economyjob losses in the domestic economy


How did the end of the international slave trade affect domestic slavery?

Slave families were split up and sold as part of the domestic slave trade.


Why was one reason for the growth of the domestic slave trade?

The international slave trade ended /apex


What has the author Martine Durand written?

Martine Durand has written: 'Trends in OECD countries' international competitiveness' -- subject(s): Comparative advantage (International trade), Competition, International Competition


What is the principal task of the International Trade Commission?

The International Trade Commission's principal task is to determine whether imports are injuring any domestic industry.


What has the author Gary Gereffi written?

Gary Gereffi has written: 'International competitiveness of Asian economies in the apparel commodity chain' -- subject(s): Cloting trade, International Competition