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.

Understanding Business
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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.

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