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Why does the US encourages domestic companies to export?
The U.S. encourages domestic companies to export because
What are some examples of a domestic corporation?
A domestic corporation is any company which conducts business solely in its home nation. Any companies that comply to this definition, would be considered domestic companies.
How important is international trade to the world economy?
Main importance of international business ♦ Faster growth: economies that have in the past been open to foreign direct investments have developed at a much quicker pace than those economies closed to such investment e.g. communist Russia ♦ Cheaper imports: this is down to the simple fact that if we reduce the barriers imposed on imports (e.g. tariffs, quota, etc) then the imports will fall in price ♦ New technologies: by having an open economy we can bring in new technology as it happens rather than trying to develop it internally ♦ Spur of foreign competition: foreign competition will encourage domestic producers to increase efficiency. Carbaugh (1998) states that global competitiveness is a bit like golf, you get better by playing against people who are better than you. ♦ Increase consumer income: multination will bring up average wage levels because if the multinationals were not there the domestic companies would pay less. ♦ Increased investment opportunities: with globalisation companies can move capital to whatever country offers the most attractive investment opportunity. This prevents capital being trapped in domestic economies earning poor returns.
Firms that have substantial operations in more than one country are called?
global companies multi domestic firms affiliated companies
Distinguish between GNP and GDP?
GNP = GDP + net receipts from foreigners to domestic companies - net receipts from home to foreign companies
Why does the US encourages domestic companies to export?
The U.S. encourages domestic companies to export because
What is a domestic company?
the companies which are limits its operations, mission and vision to the national political boundary are known as the domestic companies
What are examples of domestic corporations?
A domestic corporation is any company which conducts business solely in its home nation. Any companies that comply to this definition, would be considered domestic companies.
What are some examples of a domestic corporation?
A domestic corporation is any company which conducts business solely in its home nation. Any companies that comply to this definition, would be considered domestic companies.
What are some examples of domestic corporation?
A domestic corporation is any company which conducts business solely in its home nation. Any companies that comply to this definition, would be considered domestic companies.
How important is international trade to the world economy?
Main importance of international business ♦ Faster growth: economies that have in the past been open to foreign direct investments have developed at a much quicker pace than those economies closed to such investment e.g. communist Russia ♦ Cheaper imports: this is down to the simple fact that if we reduce the barriers imposed on imports (e.g. tariffs, quota, etc) then the imports will fall in price ♦ New technologies: by having an open economy we can bring in new technology as it happens rather than trying to develop it internally ♦ Spur of foreign competition: foreign competition will encourage domestic producers to increase efficiency. Carbaugh (1998) states that global competitiveness is a bit like golf, you get better by playing against people who are better than you. ♦ Increase consumer income: multination will bring up average wage levels because if the multinationals were not there the domestic companies would pay less. ♦ Increased investment opportunities: with globalisation companies can move capital to whatever country offers the most attractive investment opportunity. This prevents capital being trapped in domestic economies earning poor returns.
What did protective tariffs have on the great depression?
They damaged domestic economies - apex They prevented international recovery. Palestine (apex)
What effect did protective tariffs have on the great depression?
They damaged domestic economies - apex They prevented international recovery. Palestine (apex)
What cause economies to go into recession?
Economies go into a recession after a decline in the Gross Domestic Product growth rate following a period of irrational exuberance. This exuberance can often be felt in housing or high technology areas.
What companies use multi-domestic strategy?
Body Shop
Which companies provide boiler breakdown cover?
Domestic and general
Where did the Germans get the equipment to do what they did?
Often American companies or German companies which now produce domestic products such as refridgerators
