a) Critically distinguish the responsibilities between a Voyage Charter Party and a Time Charter party.b) By elaborating between Ex-Works (EXW) and Free on Board (FOB) Incoterms, discuss how Incoterms help in International Trade.
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a) Critically distinguish the responsibilities between a Voyage Charter Party and a Time Charter party.
b) By elaborating between Ex-Works (EXW) and Free on Board (FOB) Incoterms, discuss how Incoterms help in International Trade.
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- Discuss two forms of ethical practices conducted in international trade transactions.Are their any copyrights, trademarks, patents, or trade secrets needed to consider for an e-commerce business that sells imported Honduran coffee beans?Dunning's OLI 'eclectic paradigm' of international production stands for Ownership, Locational and Internalisation advantages. Which of the following is/are ownership advantage(s)? (i) The existence of low wages in a host country (ii) A high level of industrial disputes in a host country (iii) The high search costs involved in finding the right distribution agent in a host country (iv) A highly adept and skilled managerial team B. (i), (iii) and (iv) (iv) only (iii) and (iv) (i), (ii), (iii)
- What economic factors influence the success of the international transportation and logistics industry?Should an MNC alter its ethical standards to accommodate a host country in order to successfully compete internationally? Why or why not? What are the ramifications of an incorrect decision?Fill in the gaps (1 word per gap), there are extra words. Studying international business is a complex task. The nature of the topic demands a generalist approach that (0)……………….. not just diverse countries, but cultures, industry sectors and specific firms. Whereas international trade has existed for millennia, it has grown from an estimated 6% of world GDP in the early 19th Century to approximately 60% in the early 21st Century – a tenfold rise. At its most basic, it includes the sale of goods and services between countries. Yet, varying forms ofinternational business can be observed. For example, a business that produces components or goods overseas but sells them (1)……………….. can be considered an international business, as can a firm that (2)……………….. services, such as call centers, to locations where labor expenses might be cheaper. For most organizations, decisions around building, producing, and selling products or services are informed by many factors. Fundamentally, a firm’s…
- Discuss three (3) benefits of being a part of a regional trade agreementInternational trade patterns Multiple Choice are officult to determine since each country uses a different monetory system. we broadly consstent with the Heckscher Ohin theory that predicts that countries tend to export products that use their abundant factors internsively depend on whether we conuder the import side of trade or the export side of tade ace inconsistent with the Hteckscher Ohlin theory because of the dfferonce in the economic szes of nationsEach of the following is an operating mode for companies to accomplish their international objectives EXCEPT: A.investments. B.merchandise imports. C.merchandise exports. D.inshoring. E.service exports and imports.
- Choose from your local context ONE private company (Bahrain) that you see is struggling and draft a proposal for a collaboration with another private company or NGO, etc. to help it overcome its challenges. The proposal needs to include a clear introduction of the chosen private company and what are the challenges that it is facing and have led to this collaboration venture. It needs to clearly identify the bases for collaborative advantage, the main aims, and reflect on the collaboration six dimensions (word limit: 2000 words).Explain the Evaluation of gawadar port.Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.