characterize the global business environment
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Can you please give a brief answers to there questions?
1. How would you define or characterize the global business environment?
2. How are global businesses and countries interconnected, and what are some examples of interconnectedness and interdependence of countries and global businesses?
3. What the concept of "Comparative Advantage" is. Please do it in the most brief way you can. Give an example of comparative advantage and then outline the case for free trade. (You can add any of the other theories into this as you need to)
4. Compare and contrast two of the following major international trade organizations.
a. NAFTA
b. EU
c. MERCOSUR
d. ASEAN
5. Compare and contrast barriers to trade among trade blocs. Look at both tariff barriers and non-tariff barriers
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Solution Summary
The global business environment has the following trends:
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Can you please give a brief answers to there questions?
1. How would you define or characterize the global business environment?
This is a very broad question; so, I will answer it broadly. The global business environment has the following trends:
Ease of doing cross-border business, due to opening markets and ease of communications
Ease of moving capital to the best investments, no matter where they may be.
Homogenizing of the world's markets, making international marketing and market entry strategies easier.
International trade is increasing much faster than the world's GNP is. This year, it is estimated that China will export 100 million TEU's (20' containers).
Globalizing standards in human resources, as the world's professional education becomes easier to attain. The quality of employees is rising across the board in general.
Commercial law and global standards like ISO are becoming more standard across borders.
ETC.
2. How are global businesses and countries interconnected, and what are some examples of interconnectedness and interdependence of countries and global businesses?
Some examples: international trade in goods ...
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