If AFTA member countries adopts the EU model, what are the major challenges that AFTA could face. What solution is there to each challenge and what are the opportunities that can arise as a result of these challenges
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If AFTA member countries adopts the EU model, what are the major challenges that AFTA could face. What solution is there to each challenge and what are the opportunities that can arise as a result of these challenges
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- Explain why tariff, quotas, exchange control, and trade agreements are government actions that we should be concerned about as we evaluate a country?what is a global trade agreement and what purpose does it serve?Introduction to Trade Policies: Provide an introduction to the significance of trade policies and agreements in the context of international business. Your international business is an oil rig located in Saudi Arabia. Answer the following question with this in mind 1a. Identify and discuss three trade policies that may directly impact your international business venture. Consider tariffs, quotas, and regional trade agreements as examples. 1b Apply at least two major trade theories to your international business venture. Discuss how these theories explain or influence your choice of products, target markets, or trade strategies.
- Describe the role of WTO in global trade war? and what does the future look like for the organisation?Ethical Considerations. Is it unethical for a U.S. company to choose export markets specifically for their lessstringent consumer protection standards? Why or why not?• Do you agree or disagree with Adam Smith that we are better off with some form of free trade, then would be the case if each country raised or lowered tariffs based on its own economic needs and political philosophy? Give a reason for your answer.
- The World Trade Organization is the only global trade organization and has 164 member nations representing 98 percent of world trade. How does the WTO help nations improve trade relations? What are some of the major challenges facing the WTO today?Given the arguments relating to the new trade theory and strategic trade policy, what kind of trade policy should business be pressuring government to adopt? What are the economic and political arguments for regional economic integration? Given these arguments, why don't we see more substantial examples of integration in the world economy?What is Trans-Pacific Partnership?