international trade
INTERNATIONAL TRADE
DUE DATE 21ST OCT 2014 AUSTRALIAN TIMINGS 14.00PM
EACH TOPIC REQUIRES 2PAGES ANSWER, WITH ANY RELEVANT GRAPHS,CHARTS.
**WITH PROPER RESEARCH ON THE CHOOSEN COUNTRIES AND INDUSTRIES**
TOPICS :
1. GLOBALIZATION
What is it all about?
Who’s the drivers?
Who’s the winners / loosers?
Examples with 2 industries, 2 countries?
2.COMPARITIVE ADVANTAGE AND ABSOLUTE THEORY?
How do you apply in the country/industry? Examples with 2 counties and 2 industries?
3.TRADING BLOCS:
NAFTA
EUROPEAN UNION
4. Tariffs and import duties, subsidies:
What are they? What are the benefits of tariff s and subsidies?
Talk about both countries import/export.
What are the issues?
reducing tariff and why?
Examples with 2 industries and 2 countries
5. Intra and inter trade.Explain in detail?
Examples of 2 industries and 2 countries?
6. Internal economies of scale and external economies of scale?
Driving factors to achieve internal and external economies of scale?
Examples of 2 industries and 2 countries.
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