Why do countries trade with each other


Assignment: International Business

Chapter 1 - The Rise of Globalization

Globalization is not a new phenomenon. Select your favorite product made from a global organization. Provide a brief description of the product and the organization that develops the product.

Answer the following questions:

• What are the advantages and disadvantages of the product sold internationally?

• What would be the advantages and disadvantages if the product were sold solely in the United States?

Has your definition of globalization changed from before reading chapter one and answering these questions of a favorite product, or is your definition the same? Please explain.

Reminder: Your response to Chapter 1 must be at least 150-word minimum, replying to all the above questions to earn full credit for this portion of the initial discussion question.

Chapter 2 - The Evolution of International Business

Why do countries trade with each other? What would happen if countries curtailed or did not trade with each other? Select a theory discussed in chapter 2, explaining why it is beneficial for a country to engage in international trade.

Reminder: Your response to Chapter 2 must be at least 150-word minimum, replying to all the above questions to earn full credit for this portion of the initial discussion question.

Each initial post must be substantive, at least 150-word minimum response. You want your post to engage your peers in a lively discussion, expanding on your knowledge, experiences, and/or providing examples to support your analysis.

Format your assignment according to the following formatting requirements:

1. The answer should be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.

2. The response also includes a cover page containing the title of the assignment, the student's name, the course title, and the date. The cover page is not included in the required page length.

3. Also include a reference page. The Citations and references should follow APA format. The reference page is not included in the required page length.

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