Task: Address the following questions. Remember to cite any sources used, including the textbook (APA format is required).
1) Visit the website of Alibaba
2) Choose a product and supplier from whom you would import the product. For example, you can search for suppliers of "golf clubs" in the country of " Indonesia" or in the region of " Asia."
3) Describe the product and the supply company you chose. Briefly explain the rationale for your choice.
4) Analyze the process for usefulness and potential value. Name at least one benefit and one drawback of using this type of website to conduct trade.
5) Is it reasonable to speculate that eventually most trade SME's might take place in the context of sites like Alibaba?
6) How transparent do sites like Alibaba.com make the import-export transaction? Would you still worry about fraud? Why, or why not?
7) How might the global financial crisis create opportunities and threats for sites like Alibaba.