International Trade

International Trade
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THe US trade dificit

Name: Instructor: Course: Date: Abstract This script contains information on the situation of the United States regarding the economic development, specifically on the trade deficit on goods. I have defined what trade deficit is and given the significant causes of the situation. In my research, I have obtained information on the consequences of the deficiency on trading activities, and what becomes of the nation. The relationship between the net import of capital and trade deficit is included in the report. Additionally, the trend in a surplus of goods during exportation has been explained, and the relation between the U.S and other nations in trading activities especially after the Second...

Regional Comprehensive Economic Partnership

Author’s Name Professor Course Due Date Regional Comprehensive Economic Partnership Although there have been various benefits associated with Trade Blocs for the member countries, these organisations tend to limit global trade. Protectionists seek Trade Blocs mainly due to their inability to compete with prices in the global market. Presently, in the race of creating the world’s largest trade bloc, China seems to be taking the lead. The RCEP encompassing 16 countries were founded in 2012. The body includes countries like Japan, Australia, China, New Zealand, India, Korea, and the ASEAN Countries. The partnership has proven to be a strong force paving the way for trade liberation in...

Experiential Exercises.

Name: Professor: Course: Date: International Business 1. Imagine that you are working for a company that has been exporting to Europe for five years. The company now sees an opportunity to expand into Asia. Which modes of entry would you suggest that your company pursue Asia? Would you recommend the same strategy for entering Japan as you would for China? Why or why not? The use of joint ventures would work perfectly in this situation. It is a common practice that yields high returns based on the profits associated with the practice. Joint ventures enable the company to share the risks involved in the business effectively. Additionally, other factors such as profit and expansion are also the...

Pros and Cons of Payment methods

Name Course Professor Date of Submission Pros and Cons of Payment Methods Importing goods from a foreign market requires an effective payment method. Some of the products traded on foreign payment include the digital electronics such as the cameras and other valuable products. Identifying the right payments methods is important since it secures diverse trading activities. PayPal and Payoneer are most commonly used for the online transactions. Paypal has a worldwide reach thus creating convenience for the clients. Moreover, it has effective investments that provide different types of payments to the customers. It further protects its customers from fraud and scam, and this has made it one of...