You currently work at an international company and your new manager knows very little about trade theories. She has asked you to prepare a three to four page report (not including title and reference pages) explaining international trade theories and discussing why it is important for managers in international business to understand these theories. She has asked you to specifically address the theories of mercantilism, absolute advantage, comparative advantage and balance of trade in your report. She also wants you to explain to her how and why the government gets involved in international business and how this might impact your company.
Wednesday, 11 June 2014
International Trade Theories
You currently work at an international company and your new manager knows very little about trade theories. She has asked you to prepare a three to four page report (not including title and reference pages) explaining international trade theories and discussing why it is important for managers in international business to understand these theories. She has asked you to specifically address the theories of mercantilism, absolute advantage, comparative advantage and balance of trade in your report. She also wants you to explain to her how and why the government gets involved in international business and how this might impact your company.
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