Why are global markets important


Questions:

1. Why are global markets important?

2. Explain the difference between absolute advantage and comparative advantage.

3. Why do companies tend to thrive in global markets when their country of origin enjoys a comparative advantage in their industry?

4. Your company is looking at opening a division of your business in the country you researched in the discussion forum. You are to type about a half page to one page summary (begin a new page) explaining the country's culture to your boss (me). In this summary you need to give your boss enough information that she can have an understanding of what will be expected when she meets officials in the country to try to open a business there. What should your boss know so she will not make a mistake in greeting people, in gift giving, in bringing up business, etc. You must include a reference page properly citing your sources. Helps in citing properly are available on the homepage.

Request for Solution File

Ask an Expert for Answer!!
Microeconomics: Why are global markets important
Reference No:- TGS01857952

Expected delivery within 24 Hours