Trading internationally Study guides, Revision notes & Summaries
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BTEC Business level 3 Unit 5 international business task 2 p5 p6 M3 D2
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Unit 5 International business task two full assignment 
 
marking; You have carried out a situational analysis on two countries a selected business may consider trading in 
You have explained how business support systems enable a selected business to trade internationally. 
You have explained the external factors that influence a selected business considering trading internationally.
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MNM2615-Marketing In Africa Portfolio - Assignments 1, 2 & 3 - 1st semester 2022 (85%).
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MNM2615-Marketing In Africa Portfolio - Assignments 1, 2 & 3 - 1st semester 2022 (85%). INTRODUCTION 
The world of E-Commerce is significantly pronounced in Africa than it is in other territories, 
and we are seeing a dramatic increase in the number of people accessing the internet and 
making payments via the internet and how the internet can be leveraged to target a brand’s 
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Business BTEC Level 3 Unit 5 Assignment 2 - 100% Verified.
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Business BTEC Level 3 Unit 5 Assignment 2 - 100% Verified. Explain the external factors that influence a selected business 
considering trading internationally. 
Political Factors: One beneficial factor is being part of a trading community like the EU; however, 
this means there are certain rules and regulations to follow. The government will support certain 
industries for example, companies that deal with renewable energy and offer benefits to the 
country. This support is not available to all...
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BTEC International Business Unit 5 Assignment 1
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BTEC International Business Unit 5 
Assignment 1 
Why Trade Internationally? 
In my essay I will be presenting the reasons why two businesses (BMW and River Island) operate 
in contrasting international markets. Using the information from this research I will equally 
proceed in explaining the types of finance available for international business and the main 
features of globalization that affect BMW and River Island. In addition to this I will explore the 
role of trading blocs on internation...
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AFAR PREWEEK THEORY EXAM QUESTIONS & ANSWERS 2024/25
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AFAR PREWEEK THEORY EXAM QUESTIONS & ANSWERS 2024/25 
 
 
1. For reporting purposes, currencies are defined as 
A. International and functional 
B. Foreign, functional and presentation 
C. Domestic and international 
D. Operating, international and presentation - ANSWERSAnswer: B 
 
2. The functional currency is 
A. The currency in which the entity reports earnings. 
B. The currency in which the entity primarily conducts banking activities. 
C. The currency in which the entity primarily operates...
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Business BTEC Level 3 Unit 5 Assignment 2 | 100% Verified.
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Business BTEC Level 3 Unit 5 Assignment 2 | 100% Verified. P5 – Explain the external factors that influence a selected business 
considering trading internationally. 
Political Factors: One beneficial factor is being part of a trading community like the EU; however, 
this means there are certain rules and regulations to follow. The government will support certain 
industries for example, companies that deal with renewable energy and offer benefits to the 
country. This support is not available...
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Business BTEC Level 3 Unit 5 Assignment 2 - Verified 2024 | Distinction.
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Business BTEC Level 3 Unit 5 Assignment 2 - Verified. Explain the external factors that influence a selected business 
considering trading internationally. 
Political Factors: One beneficial factor is being part of a trading community like the EU; however, 
this means there are certain rules and regulations to follow. The government will support certain 
industries for example, companies that deal with renewable energy and offer benefits to the 
country. This support is not available to all indu...
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BSNS 111 - Exam Prep Questions And Correct Answers. Over 280 Questions And Correct Answers. With Complete Verified Solution Updated 2024.
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BSNS 111 - Exam Prep Questions And Correct Answers. Over 280 Questions And Correct Answers. With Complete Verified Solution Updated 2024. 
 
Bullseye (Sustainability Model) 
1. Economy 
2. Society 
3. Environment 
Friedman Doctrine 
Maximise profits, but do so within the rules of the game. 
Rules of the game 
Refers to rules which are unwritten, e.g. ethics and attitude, and those laws by govt. 
Invisible Hand 
Adam Smith - everyone acting in their own self interest will positively effect societ...
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Edexcel A-level Economics Theme 4 questions and answers.
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Globalisation 
Increased interdependence between countries and the rapid rate of change it brings about 
 
 
 
Factors contributing to globalisation (5) 
Improvements in infrastructure (Quicker, more reliable and cheaper methods enabling production) 
 
Improvements in IT and communication (Allows global operations) 
 
Trade Liberalisation (Reduces protectionism and makes trade cheaper - specialisation) 
 
International financial markets (Raising money and transferring it globally) 
 
TNCs (Low p...
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Test Bank For International Macroeconomics 4th Edition By Robert C. Feenstra, Alan M. Taylor | Complete All Chapters
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Test Bank For International Macroeconomics 4th Edition By Robert C. Feenstra, Alan M. Taylor | Complete All Chapters. Which of the following is NOT a reason why countries trade goods with one another? 
A) differences in technology used in different countries 
B) differences in countries' total amount of resources 
C) the proximity of countries to one another 
D) differences in countries' languages and cultures 
2. David Ricardo's model explains trade based on: 
A) labor supply. 
B) technology...
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