Purchase Solution

International marketing

Not what you're looking for?

Ask Custom Question

Discuss and explain the various trade restrictions that a company must be prepared to face if it chooses to go into international marketing.

Purchase this Solution

Solution Preview

The main types of trade restrictions are tariffs, quotas, embargoes, licensing requirements, standards, and subsidies.
<br>
<br> A tariff is a tax put on goods imported from abroad. The effect of a tariff is to raise the price of the imported product. It helps domestic producers of similar products to sell them at higher prices. The money received from the tariff is collected by the domestic government.
<br>
<br> A quota is a limit on the amount of goods that can be imported. Putting a quota on a good creates a shortage, which causes the ...

Purchase this Solution


Free BrainMass Quizzes
Lean your Process

This quiz will help you understand the basic concepts of Lean.

Business Ethics Awareness Strategy

This quiz is designed to assess your current ability for determining the characteristics of ethical behavior. It is essential that leaders, managers, and employees are able to distinguish between positive and negative ethical behavior. The quicker you assess a person's ethical tendency, the awareness empowers you to develop a strategy on how to interact with them.

Motivation

This tests some key elements of major motivation theories.

Accounting: Statement of Cash flows

This quiz tests your knowledge of the components of the statements of cash flows and the methods used to determine cash flows.

Transformational Leadership

This quiz covers the topic of transformational leadership. Specifically, this quiz covers the theories proposed by James MacGregor Burns and Bernard Bass. Students familiar with transformational leadership should easily be able to answer the questions detailed below.