This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: In a short essay, explain what the world would be like without international trade. What will be ... (Read 140 times)

vinney12

  • Hero Member
  • *****
  • Posts: 586
on: Jul 7, 2018
In a short essay, explain what the world would be like without international trade.
 
  What will be an ideal response?

Question 2

In a short essay, discuss five methods managers can employ to protect the interests of the focal firm in relationships with foreign suppliers.
 
  What will be an ideal response?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

katieost

  • Sr. Member
  • ****
  • Posts: 358
Reply #1 on: Jul 7, 2018
Answer to Question 1

Without international trade, most nations would be unable to feed, clothe, and house their citizens at current levels. Even resource-rich countries like the United States would suffer immensely without trade. Some types of food would become unavailable or obtainable only at very high prices. Coffee and sugar would become luxury items. Petroleum-based energy sources would dwindle. Vehicles would stop running, freight would go undelivered, and people would not be able to heat their homes in the wintertime. In short, not only do nations, companies and citizens benefit from international trade, modern life is virtually impossible without it.

Answer to Question 2

The focal firm should 1. take specific actions to safeguard its interests in the supplier relationshi


vinney12

  • Member
  • Posts: 586
Reply 2 on: Jul 7, 2018
Thanks for the timely response, appreciate it

bigcheese9

  • Member
  • Posts: 333
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

It is believed that the Incas used anesthesia. Evidence supports the theory that shamans chewed cocoa leaves and drilled holes into the heads of patients (letting evil spirits escape), spitting into the wounds they made. The mixture of cocaine, saliva, and resin numbed the site enough to allow hours of drilling.

Did you know?

Pubic lice (crabs) are usually spread through sexual contact. You cannot catch them by using a public toilet.

Did you know?

No drugs are available to relieve parathyroid disease. Parathyroid disease is caused by a parathyroid tumor, and it needs to be removed by surgery.

Did you know?

Thyroid conditions cause a higher risk of fibromyalgia and chronic fatigue syndrome.

Did you know?

The shortest mature adult human of whom there is independent evidence was Gul Mohammed in India. In 1990, he was measured in New Delhi and stood 22.5 inches tall.

Smallest Fish in the world Smallest Fish in the world
At breakfast, a middle-class husband sits absorbed in the newspaper and the public affairs of the da At breakfast, a middle-class husband sits absorbed in the newspaper and the public affairs of the da
Luna Park at Coney Island was a vast living theater in which strollers were both spectators and acto Luna Park at Coney Island was a vast living theater in which strollers were both spectators and acto
The “Big Four” world leaders meet at the Hotel Crillon in Paris, 1919. From left to right (front row The “Big Four” world leaders meet at the Hotel Crillon in Paris, 1919. From left to right (front row
computer short cuts computer short cuts
Video: Resting membrane potential - electrical polarity and maintenance requirements

For a complete list of videos, visit our video library