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International Trade - Coggle Diagram
International Trade
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3) Business' goal: satisfy customers needs and want at the right time, place and price
- Commerce: Banking service, transport, adversating
- Trader: Buying and seller
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4) Economics system: Three typs, and answer three question: what, how and for who
- Command: goverment decides the answer
- Free market: customer decide answer
- Mixed: good and service are supply by goverment or private companies
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8) Type of companies
- Business to consumer (B2C)
- Business to Business (B2B)
- Customers to custemers (C2C)
- Brick and mortar companies: only phisic shop
- Click and mortar companies
- Dotcom companies