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The Global Marketplace (Government Intervention (Protectionism, Tariffs,…
The Global Marketplace
Reasons for doing Nation Trade
Focusing on relative strength
Expanding markets
Pursuing economies of scale
Acquiring materials, goods and services
Keeping up with customers
Keeping up with competitors
Government Intervention
Protectionism
Tariffs
Import Quotas
Embargo
Export Subsidies
Dumping
Sanctions
International trade organizations
WTO
IMF
World Bank
Trading Blocs
NAFTA
EU
APEC
ASEAN
Nations
Forms of International Business Activity
Importing and Exporting
International lincensing
International Franchising
International Strategic alliances and joint ventures
Foreign direct investment
Strategic approaches to International Market
Multidomestic stratergy
Global stratergy
Transitional stratergy