International Business and Trade

China

It builds a profitable economy and allows a country to earn money, but items that can not be made or produced in the country.

Usually because shipping companies want to reduce the costs and earn more, they try to stuff goods into containers and then carry containers back to China .

Yes I have done business with this Co.I ordered a product on line believing the company was in Ont.,Canada,that was 3 months ago and I'm having trouble getting what I ordered.

Scorpion Clause in L/C a clause which renders it impossible for the beneficiary, or seller, to fulfill the conditions of the letter separately and independently of the purchaser.

Imports

Sherman Antitrust Act

to earn foreign exchange

to solve product life cycle

to use scare resource

to get comparative advantages

to expand the business

to earn high rate of return

to use , full utilisation of human , capital, materials,

to maintain better rekationship among nations

By studying international business you will understand the ebbs and flows of investment both within and between countries and continents ( or economic blocs). Then you will see that business goes where it will make the most profit, regardless of national affiliation or consideration of how it affects people's lives. International business is also looking for areas of production where there is a good infrastructure and access to the rest of the world. Profit will always return to the home country of that business.

Merchants used to travel around the world to buy and sell goods

There are Arbitrators who are often brought in to facilitate the resolution of disputes.

International culture is the characteristics that the world shares.

To allocate resources ,serves as government expenditure ,helps in upgrading infant industries,helps in the development of the country etc

Western nations began explorations ofalternativeroutes to Asia that would bypass the Middle East and Muslim realms.

Cateora and Ghauri 2006 state that for the inexperienced marketer the similar but different aspect of culture creates an illusion of similarity that usually does not exist What do they mean by this?

The Sherman Antitrust Act made it illegal for corporations to interfere with free interstate or international trade.

The most favorable status of trade accorded is the "Most Favored Nation" designation, which since 1998 is known in the US as "Permanent Normal Trade Relations" (PNTR). This status guarantees that the nations involved will provide the same treatment to each other as they each do to other countries with the same status.

Transnational Corporation as define by UN is globally intergrated organisation with entitites in two or more countries, decision making system permitting coherent policies and common startegy through decision making center and entities are so linked by ownership so as to excercise influence over others and share knowledge.

A transnational corporation (TNC) is a huge company that does business in several countries.

Many TNCs are much richer than entire countries in the less developed world.

Such companies can provide work and enrich a country's economy - or some say they can exploit the workers with low pay and destroy the environment.

Transnational Corporation as define by UN is globally intergrated organisation with entitites in two or more countries, decision making system permitting coherent policies and common startegy through decision making center and entities are so linked by ownership so as to excercise influence over others and share knowledge.

A transnational corporation (TNC) is a huge company that does business in several countries.

Many TNCs are much richer than entire countries in the less developed world.

Such companies can provide work and enrich a country's economy - or some say they can exploit the workers with low pay and destroy the environment.

A 1st line managrt is a trusworthy motivator , team leader and 100% positive result oriented person for the organisation, he should be good communicator having good product knowledge and most important he should be frank ,open and passionate . He can lead his team by motovating the team members in positive way that they should acheive their goal every month with the help of company's strategy which should be 100% implementing in the field .

Approx. 4 000 US $ for weapon-grade plutonium.

The primary function of the Department of Trade and Industry is to expand trade, businesses and investments. The main purpose of this is to generate jobs and raise incomes.

Non fradulent trade is trade which results in everyone getting what they expected.

Because the country or region is missing something that they need to satisfy the peoples needs or want.

critics of dependency theory says that any nation that has stopped imports items to its country has lessen the competition and to improve work for better services which is rendered to customers.