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Abstract

Since the inception of the modern technologies, the world of business has really evolved. The hi-tech transport and communication facilities have made it possible for countries to import and export goods and services. This has led to the emergence of global and regional business powers. UK has a stake in international business, as shown in the essay below.

UK in International Business

1. UK Government role in international trades & international investment.

Sine time immemorial, the UK has been a key player in businesses around the world. This dates back to the Trans-Saharan trade, the triangular trade and the slave trade. During all these periods, ...

Abstract

The article is about the effects of research boom into other industry such as the Jacob and the non-traded goods. The problem is that other sectors are also Mathematical models are used to determine the quantity of money being generated by the three industries due to the key variables which are land, labor, and capital. Also, land use is only used in export industries to establish the outcome of the situation. The article concluded that research boom destroyed market balance; change the prices of other commodities due unstable exchange rate, both the non-traded and imported goods.

Introduction

The article to ...

Article Review

Article Review

The motor vehicles industry in Mexico is facing a jolt due to the fall in demand from Europe, Latin America and Asia. The economic slow-down in these areas have reduced demand for cars and light trucks whose production has fallen by 4.1% in February this year from the previous year. But there is the brighter side as well. Though the world outside North America is under recession the USA is experiencing robust growth with the job market faring quite well. This is reflected in the 75 per cent of export of the auto industry of Mexico finding ...

Japan and Tariff-Free U.S. Rice
In 2015, Japan proposed a set of 70,000-ton import quota for tariff-free U.S. rice. This quota is substantially lower than what the United States had demanded. The United States quota was 175,000 tons. Rice is one of the key issues remaining between Tokyo and Washington. Currently, Japan imports 770,000 tons of tariff-free rice on year. This is approximately 7 percent of the total amount of rice consumed. Of that volume, only 100,000 tons of rice is bought for actual consumption. The rest of the rice is designated for its use ...

Article Summary

A few years ago China was the largest supplier of rare earths in the world with 95 per cent of the world production of rare earths coming from China . In 2010 China took a turn in its marketing strategy for rare earths. It restricted export of rare earth by imposing a quota of 40 per cent on exports of rare earths. Export to Japan was totally cut off due to some dispute between the two countries. The ensuing uncertainty about rare earth supply led to the sky-rocketing of the price of rare earths in the world market.
The high ...

Introduction:

The government policy target of Nigeria for the minimization of credit cards use in Nigeria in areas involving alien transactions; control measures of foreign exchange and the overall implications
Exchange Control: The regulations that are adopted by the state for the management of foreign and local level currency amounts that are globally traded in the market. It generally includes ban and restriction of the exchange amount.
Demand-Supply: The theory that the forces of demand and supply have an interrelation as a result of an effect on each other for the establishment of the state of equilibrium.
Price Elasticity: The ...

A. Pricing for International Markets 5

B. International Marketing Channels 6
C. Products and Services for Customers 8
D. Cultural Dynamics in Assessing Global Markets 10
4.0 Summary and Opinions of Influential Cultural Factors 11
5.0 Conclusion 13 Work Sited 15

Highlighted Points

The purposes of practicing and aiming for international marketing are to understand how and why:
- cultural diversity has been known to influence international marketing in pricing and contractual agreements
- analyzing the roots of culture to integrate it into a global marketing plan enhances coherent business strategies for successful worldwide marketing
- the references listed at the ...

Comparing the 2008 Us Crisis with the Japan’s “Lost Decade”

Both the Japan’s lost decade and the 2008 United States and the world financial crisis were caused by excess savings and inflation of huge asset bubbles. By 1980s many Japanese resorted to a lot of savings on their income as they expected to retire. This translated negatively on the economy as it lowered the Gross Domestic Product and weakened local demand of commodities. Furthermore, much savings simply meant that the Japanese citizen had foregone consumption. However, this problem was disguised in the Japanese poor finance policy as well as financial technology. Inflation therefore arose from poor regulation of the ...

Based on the OPEC website (n. p.) the countries with the lowest industry margins, which indicates the profitability for companies involved in retail oil sales are countries of the G7, which have on average lower industry margins as the countries in the OECD. In comparison the average industry margins are lower in the countries of the United Kingdom, Italy, Germany, France, Japan, Canada and United State of America, but also among those there are differences. In Italy, Germany and France the net margins are the highest and in the United Kingdom, France and Canada the lowest.

The high and low prices for a liter of oil have an impact on the consumer behavior

and investment in ...

Soergel (2016) reported that U.S. trade gap contracted in March as exports and imports plummeted. As of March 2016, the net trade deficit was at $56.9 billion a lower figure compared to February’s $62.9 billion. Imports fell to $173.6 billion while export to $116.7 billion the least monthly tally since 2011. The smaller gap boosted the GDP of the country. Soergel noted that the international trade nearly came to a halt in February with the Baltic Dry Index falling to an all-time low indicating that few players were actively buying or selling products from the other nations. However, ...

Currency Wars

Currency Wars is also referred to as competitive devaluation. It is a scenario where countries compete against each other to gain a low exchange rate for their own domestic currency. As the country’s domestic currency falls, so does the price of exports from that country. The imports become expensive and the domestic industry flourishes due to increase in demand from the domestic and foreign markets. The leaders of G-20 nations met in Moscow and took some important decisions regarding currency wars. In a statement issued at the conclusion of the conference, the finance ministers of G20 promised, by issuing a statement, that ...

In this paper, I will highlight the economic concepts and principles that we have learnt in class and relate them to Mayenkar Siddesh’s article on gold premiums. The article was published in the Reuters website on Wednesday Jun 26, 2013. The major issues addressed in this article include the doubling of the gold premiums in India, imbalances on supply and demand, ban on consignment imports, international trade (Import/Export), exchange rates and strength of the dollar, and price fluctuations.
According to the article, this considers India as the world’s biggest buyer of gold; the country currently requires ...

Affiliated Institution

Define the term trade deficit and select the one article that you wish to discuss on the topic trade deficit
Trade deficit is used in measuring the balance of trade, the balance of trade is said to be at equilibrium when the imports are equal to the exports, however when there is a negative result, that is the imports are more than the exports then it is termed as a trade deficit (Schultz, 2012). Within the international business cycles trade deficits usually occur but are corrected by market forces and equilibrium is achieved and the market clears. An extended trade ...

Entrepreneurship is paramount for any country that wants to achieve economic growth and development. It is the main driver of economic development of many developed countries like USA, Japan and Germany. Entrepreneurship has valuable attributes required for the development of developing countries. Based on this, the intent of the paper is to identify the impact of entrepreneurship on developing countries like Egypt.
Entrepreneurship involves efficient utilization of the available resources or opportunities hence providing the market with new goods and services. This helps in mobilizing the country’s idle resources creating an opportunity for economic structural changes. These ...

I agree with by Paul Krugman that inflation is till considerably low. Therefore, Fed should worry more about unemployment than inflation. The level of inflation is relatively low than 2% therefore, Fed should concentrate on reducing unemployment. The economy is currently recovering and the aggregate demand is also increasing so Fed should continue to apply expansionary economic policies to help the economy to fully recover. This should be the way to go despite Phillips curve argument that unemployment decreases then inflation increases because little increase in inflation may be less harmful if it creates more employment opportunities by encouraging ...