Exploring the significance of international trade and European dimension for UK businesses Describe and discuss the role of foreign direct investment (FDI) in globalisation. What do you conclude? FDI has become more of a driving force for economic globalisation; it has not only contributed significantly towards the even distribution of resources globally but catalyzed the industrial and climatic restructuring, sowing the seeds of competitiveness and […]

International business involve transaction across national boundaries; i. e. business dealings involving partners or transactions from different countries. The globalize start of contemporary business world have the need for creating an atmosphere for international trade. This is adduced to the increase rate of information dissemination and improvement of technology such the internet and means of transportation. According to Grimwad (2000) “A major cause of the […]

BUS100 Sample Exam 1 Student: 1. Which of the following organizations is an example of the goods-producing sector of the economy? A. Ford Motor Company B. Florida State University C. Children’s Hospital D. H ; R Block Tax Consulting 2. Which of the statements about demography is most accurate? Demographic studies: A. focus on factors that have great political relevance, but little relevance to business […]

Creating the International Trade organization- Case Study President Truman had the unenviable task of deciding the fate of one of the most revolutionary proposal that had the potential to change the shape of international economy forever. If he lobbied hard enough for it using all his diplomatic clout and political power, he could get it ratified by the congress. But deep in his mind he […]

The 2011 population of Turkey is 78.8 million with an annual growth rate of approximately 1.2% and an average age of 28.5 years. The country ranks as the 17th most populous in the world, following Germany. Approximately 70% of the population is urban with Istanbul representing the largest of the urban centers, followed by the country’s capital of Ankara. Turks are the largest ethnic group, […]

During the Age of Exploration, mercantilism was the main economic philosophy. Mercantilism is a collection of governmental policies for the regulation of economic activities, mainly commercial activities, by and for the state. There are multiple ideas that characterize mercantilism. Mercantilism is characterized by the country applying policies and institutions such as the Navigational Acts, towards having a favorable balance of trade, extending borders, and having […]

The relationship between openness to international trade and development Introduction: Openness to International trade Is the popular choice among different countries for their own development, especially after the establishment of the World Trade Organization (WTFO) in 1995, globalization is a trend for different districts, and a country is difficult to develop its economy in a closed circumstance. According to Razor and Reface (2013, IPPP), International […]

International Trade is a complex but routinely undertaken exercise by nations and various business organizations within nations. Many countries provide incentives for exports to promote trade and increase competitiveness. The basic premise of the theory of comparative advantage is that in order to improve the overall welfare of all countries, a country should specialize in production and export of commodities that it can produce at […]

For some local workers, international trade means the end of their jobs. For them, free trade will only bring unemployment. This can be the conclusion that we can get if we look at the statistics of the survey conducted in America on 1995. When the respondents were asked if the international trading agreement causes loss of jobs, 63% of the respondents agreed while only 32% […]