WHY TRADE
INTERNATIONALLY?
Unit 5 Assignment 1
PLEASE DO NOT COPY THIS COURSEWORK AND
SUBMIT AS YOUR OWN, YOU MAY RISK BEING
DISQUALIFIED FROM THE COURSE, YOU CAN
ONLY USE IT FOR HELP WITH YOUR OWN
, Unit 5 Assignment 1
Contents
Introduction...........................................................................................................................................3
Importing when Trading Internationally................................................................................................3
Exporting when Trading Internationally................................................................................................3
Multinational Businesses vs Associated Business..................................................................................3
Developed, Developing and Less Developed Countries.........................................................................3
Amazon.com and Why They Trade Internationally................................................................................4
McDonald’s and Why They Trade Internationally..................................................................................5
Methods of Finance Available to Finance International Trade..............................................................6
Prepayment to Importer....................................................................................................................6
Letters of Credit.................................................................................................................................6
Export Credits....................................................................................................................................6
Bank Loans.........................................................................................................................................7
Support Available for International Businesses.....................................................................................7
Chambers of Commerce....................................................................................................................7
UK Export Finance..............................................................................................................................7
Department for International Trade..................................................................................................7
Regional Advisory Organisations........................................................................................................7
Open to Export..................................................................................................................................8
Trade Fairs.........................................................................................................................................8
Identifying International Partners......................................................................................................8
Grants for International Promotions..................................................................................................8
Support Agencies that Amazon and McDonald’s Use........................................................................8
Globalisation..........................................................................................................................................9
Trading Blocs.......................................................................................................................................10
The World Trade Organization (WTO).............................................................................................10
Customs Unions and Common Markets (EU and Mercosur)............................................................10
The European Union (EU)............................................................................................................10
Mercado Común del Sur (Mercosur)............................................................................................11
North American Free Trade Area (NAFTA).......................................................................................11
Asia Pacific Economic Cooperation (APEC)......................................................................................11
Amazon and McDonald’s Operating Trading Blocs..........................................................................12
Analysis of the Barriers to Amazon and McDonald’s Operating Internationally..................................12
Protectionism..................................................................................................................................12
Reasons for Protectionism in International Markets.......................................................................13
, Unit 5 Assignment 1
Protectionist Measures....................................................................................................................13
Barriers to Trade..............................................................................................................................14
Analysis of the Most Successful Business in the Past 10 Years............................................................14
References...........................................................................................................................................15
INTERNATIONALLY?
Unit 5 Assignment 1
PLEASE DO NOT COPY THIS COURSEWORK AND
SUBMIT AS YOUR OWN, YOU MAY RISK BEING
DISQUALIFIED FROM THE COURSE, YOU CAN
ONLY USE IT FOR HELP WITH YOUR OWN
, Unit 5 Assignment 1
Contents
Introduction...........................................................................................................................................3
Importing when Trading Internationally................................................................................................3
Exporting when Trading Internationally................................................................................................3
Multinational Businesses vs Associated Business..................................................................................3
Developed, Developing and Less Developed Countries.........................................................................3
Amazon.com and Why They Trade Internationally................................................................................4
McDonald’s and Why They Trade Internationally..................................................................................5
Methods of Finance Available to Finance International Trade..............................................................6
Prepayment to Importer....................................................................................................................6
Letters of Credit.................................................................................................................................6
Export Credits....................................................................................................................................6
Bank Loans.........................................................................................................................................7
Support Available for International Businesses.....................................................................................7
Chambers of Commerce....................................................................................................................7
UK Export Finance..............................................................................................................................7
Department for International Trade..................................................................................................7
Regional Advisory Organisations........................................................................................................7
Open to Export..................................................................................................................................8
Trade Fairs.........................................................................................................................................8
Identifying International Partners......................................................................................................8
Grants for International Promotions..................................................................................................8
Support Agencies that Amazon and McDonald’s Use........................................................................8
Globalisation..........................................................................................................................................9
Trading Blocs.......................................................................................................................................10
The World Trade Organization (WTO).............................................................................................10
Customs Unions and Common Markets (EU and Mercosur)............................................................10
The European Union (EU)............................................................................................................10
Mercado Común del Sur (Mercosur)............................................................................................11
North American Free Trade Area (NAFTA).......................................................................................11
Asia Pacific Economic Cooperation (APEC)......................................................................................11
Amazon and McDonald’s Operating Trading Blocs..........................................................................12
Analysis of the Barriers to Amazon and McDonald’s Operating Internationally..................................12
Protectionism..................................................................................................................................12
Reasons for Protectionism in International Markets.......................................................................13
, Unit 5 Assignment 1
Protectionist Measures....................................................................................................................13
Barriers to Trade..............................................................................................................................14
Analysis of the Most Successful Business in the Past 10 Years............................................................14
References...........................................................................................................................................15
