Protectionist trade policies include what elements?
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•Tariffs
•Quotas
•Protection of national industries promotes independence and security
•It protects domestic employment
•It supports national industries, allowing them to compete globally, and
adding to national wealth
Define property rights.
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, •A bundle of entitlements defining the owners' rights, privileges, and
limitations for use of resources
How is technology diffused?
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•Trade
•FDI
•Joint ventures
•Research
•Leakages
•Knowledge
•Licensing
What are Porter's four determinants of trade and how are they related? Integrate
specific examples of each determinant to add value to your discussion.
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•Factors of production- skilled labor, infrastructure and natural resources
•Demand conditions- nature of home demand
--national environment--
•Related and supporting industries
, •Strategy, structure, and rivalry -the conditions in the nation governing how
companies are created, organized and managed
--concern the country's firms and industries--
Define nation-state.
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•Authoritative institutions that are responsible for lawmaking and
governance over a defined territory; internal authority and external
authority element
•Institutions
•Sovereignty
•Monopoly over coercive power
When did it end and what preceded its demise?
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•Ended: after the world wars
•Preceded: The Great Depression
What are some types of political risk to international business?
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•Tariffs
•Quotas
•Protection of national industries promotes independence and security
•It protects domestic employment
•It supports national industries, allowing them to compete globally, and
adding to national wealth
Define property rights.
Give this one a try later!
, •A bundle of entitlements defining the owners' rights, privileges, and
limitations for use of resources
How is technology diffused?
Give this one a try later!
•Trade
•FDI
•Joint ventures
•Research
•Leakages
•Knowledge
•Licensing
What are Porter's four determinants of trade and how are they related? Integrate
specific examples of each determinant to add value to your discussion.
Give this one a try later!
•Factors of production- skilled labor, infrastructure and natural resources
•Demand conditions- nature of home demand
--national environment--
•Related and supporting industries
, •Strategy, structure, and rivalry -the conditions in the nation governing how
companies are created, organized and managed
--concern the country's firms and industries--
Define nation-state.
Give this one a try later!
•Authoritative institutions that are responsible for lawmaking and
governance over a defined territory; internal authority and external
authority element
•Institutions
•Sovereignty
•Monopoly over coercive power
When did it end and what preceded its demise?
Give this one a try later!
•Ended: after the world wars
•Preceded: The Great Depression
What are some types of political risk to international business?
Give this one a try later!
