BUAD 332|73 Final Exam Questions with 100% Correct Answers | Verified | Latest Update |2024

The world is shrinking rapidly with the advent of faster (BLANK), (BLANK), and (BLANK). - ️️communications transportation financial flows International trade is (BLANK) and makes up (BLANK) of the U.S. GDP. - ️️booming 25% Global competition is (BLANK). - ️️intensifying Higher (BLANK) come with globalization. - ️️risks Major International Marketing Decisions - ️️1) looking at the global marketing environment 2) deciding whether to go international 3) deciding which markets to enter 4) deciding how to enter the market 5) deciding on the global marketing program 6) deciding on the global marketing organization The International Trade System - ️️restrictions - tariffs, quotas, embargos, exchange controls, and non-tariff trade barriers The World Trade Organization (WTO) and GATT - ️️helps trade - reduces tariffs and other international trade barriers