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- Demographic changes and international trade Demography is the study of the structure of human populations – their size, agecomposition, gender mix, growth and so on. Changes in the population, age and gendermix of the world’s major economies suggests that major changes are predicted for theworld economy. Owing to better health care, education and hygiene, major world economies now face thechallenge of an ageing population (increase in the number of people aged 60 years andabove). The population of major economic powers like USA, Germany, South Korea andJapan are predicted to get smaller and older over the next few years. According to theorganization for Economic Cooperation and Development (OECD), the old-agedependency ration will rise dramatically over the next few years. The old-age dependencyratio is the ratio of the number of people aged 65 and above to the number of peoplebetween the ages of 20 and 64. The implications of these demographic changes for countries and companies are…Demographic changes and international trade Demography is the study of the structure of human populations – their size, agecomposition, gender mix, growth and so on. Changes in the population, age and gendermix of the world’s major economies suggests that major changes are predicted for theworld economy. Owing to better health care, education and hygiene, major world economies now face thechallenge of an ageing population (increase in the number of people aged 60 years andabove). The population of major economic powers like USA, Germany, South Korea andJapan are predicted to get smaller and older over the next few years. According to theorganization for Economic Cooperation and Development (OECD), the old-agedependency ration will rise dramatically over the next few years. The old-age dependencyratio is the ratio of the number of people aged 65 and above to the number of peoplebetween the ages of 20 and 64. The implications of these demographic changes for countries and companies are…Create a table that identifies the macroeconomic policies for a high-income country, a middle-income country, and a low-income country
- Calculate the trade-to-GDP ratio for a country that has a 5 percent growth rate, $600 million in exports, $400 million in imports, and gross domestic product (GDP) of $2,000 million.e. Trade Representative: "In an open economy with international trade, government spending is much more effective at fighting recessions than in a closed economy." Evaluate.what is the importance of Foreign direct investment (FDI) to an agriculture-producing country what are some of the macroenvironmental factors that can affect the lucrativeness of the an agriculture-producing country to foreign investors what are some challenges that investors face in doing business in an agriculture-producing country what are some possible strategies that can be used to make an agriculture-producing country attractive to foreign investors.
- create a report that achieve the following objectives:Knowledge1. Describe the international business environment in the Caribbean.2. Evaluate the environment in which international business is conducted.3. Differentiate the international opportunities and challenges facing Caribbean firms.4. Identify current issues affecting the conduct of international business, particularly forCaribbean firms.5. Evaluate the impact of globalization on strategy formulation and implementation ofCaribbean businessesSkills6. Formulate an international strategy including applying different modes of entry into aforeign market for an existing or fictitious company.7. Integrate issues of cultural and societal diversity into the international business decisionprocess.8. Develop strategies for leveraging cultural diversity into business operationsAttitudes9. Appreciate the implication of current world events for the practice of international business. choose a product from a corporation and assess the…Intellectual property and patent laws vary greatly in developing countries. How wouldyou propose to protect your products in a developing country with a large populationwhere the CEO of a generic pharmaceutical manufacturer states: “The U.S. wouldgrant a patent on a piece of toilet paper. Just because the U.S. granted a patent doesn’tmean it should be valid in our country.”Calculate trade-to-GDP for both case and define what does the trade-to-GDP ratio measure. Compare the results for two countries and discuss if a low value indicate that a country is closed to trade with the outside world. Import (current USD, bln) 380.1 Export (current USD, bln 466.3 917.9 GDP (current USD, bln) 705.1 4,954.8 Switzerland Japan 906.3
- ESSAY: 1. How is regionalism different from and yet a part of globalization? 2. What are the conflicting ideas between religious thought and the ideology of globalism?Proponents of free trade, primarily developed country economists, argue that the liberalization of trading relationships between rich and poor countries(the removal of tariff and nontariff barriers) would work toward the long-run benefit of all countries. Under what conditions might the removal of all tariff and other impediments to trade work to the best advantage of developing countries? Explain. What factors – economic, political or historical- do you think will determine whether of not a particular developing nation is more or less dependent on international exchange? Explain your answer, giving a few specific examples of different less developed countries.1. Will mega-regional trade agreements be beneficial to develop countries? How? 2. What makes the Regional Comprehensive Economic Partnership (RCEP) qualify as a mega-regional trade agreement? Explain.
