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International Business and Trade

International business and trade refers to the exchange of goods and services across international borders to maximize profit. Ideally, a country will export a good if its domestic price is lower than the international price.

1,891 Questions

What is one of the largest trade organizations for the electronic resistors industry?

One of the largest trade organizations serving the industry is the Electronic Industries Alliance of Arlington, Virginia. Known as the Radio Manufacturers Association when it was founded in 1924, the EIA had 2,500 members in the early 2000s.

Imagine life without your local market what difficulates would a consumer face if there is no retail shop?

in my opinion life is very bad without local market because approx 94% of humans in this world are employees means they work on salary basis means they have a monthly budget they cant go out from his salary so if there is no retail market there will be whole sale shops .

and the first difficulty is :

1 : wholesalers are not in every area while retail shops are everywhere

2 : you cant buy a single thing from wholesalers you have to buy at least 12 or more

3 : that's why your monthly budget is completely disturb

4 :its not sharer the wholesaler have all varieties of all products while a retail shop have almost all varieties in different prices and this is very good thing for every class consumer .

5 :a costumer can take a product on credit if the shopkeeper knows him while a wholesaler may also gave but only in large quantity if he knows you .

so, life is almost finished for those who are jobless because of all above reasons now a days we cant cant cant survive without a local market

Which of the following is a true statement about international trade?

Countries engage in international trade to satisfy the wants or needs of the people.

What is the effect of international trade on American industries?

Increased trade abroad made American industry more dependent on the rest of the world, and meant that American jobs were more dependent on world events.

What type of manufacturers make uggs?

The type of sheepskin boots known as ugg boots, or uggs, are made by footwear manufacturers. For more information about uggs, see links below.

What is the definition of Domestic Business Environment?

Domestic Business Environment refers to business conducted within an organization's base country such as businesses who operate in the USA.

What is mean by timber stand?

A timber stand refers to a specific area of forest or woodland where trees are present and are managed for timber production. It encompasses the trees of a similar age, species, and quality that can be harvested for wood products. Timber stands are often assessed for their growth, health, and economic value, influencing forestry management practices and sustainable harvesting strategies.

What are the main duty of a field based sales repersnatitve?

the main duty of a field based sales representitive when you are following the sales objectives SMART and SMAC

What is Incoterms 20?

There are 2 set of the International Trade Terms Incoterms starting with 20,

Incoterms 2000 and the latest version Incoterms 2010. Incoterms 2010 gives you clear answers about the transfer of costs and riks in the International Trade. When you want to know more about trade terms you can visit my website.