1. Terms: give a definition of the following with examples, Non-Tariff Barriers, Export Subsidies, Counter Trade, Countervailing Duties, Infant Industry Argument
2. Compare & Contrast the approaches of the current U.S. Government and that of The People’s Republic of China to global trade and their overall effects on global economic and political stability.
3. Application Exercise: Subcontracting Plans
Create a scenario in which subcontracting principles apply.
1. Apply the make or buy concepts
2. Identify whether monetary incentives apply to the scenario
3. Describe how the subcontract will be managed.