« previous next »

Author Question: What are some of the regulatory controls imposed by governments which constitute non-tariff barriers ... (Read 87 times)

newbem

  • Hero Member
  • *****
  • Posts: 579
on: Jul 7, 2018
What are some of the regulatory controls imposed by governments which constitute non-tariff barriers to trade?
 
  What will be an ideal response?

Question 2

Explain the four elements of Porter's national competitive advantage theory.
 
  What will be an ideal response?
International Business: A Managerial Perspective ¦ Griffin, Pustay ¦ 9th Edition
Buy Test-Bank


matt95

  • Sr. Member
  • ****
  • Posts: 317
Reply #1 on: Jul 7, 2018
Answer to Question 1

There are many examples, including health and safety inspections, enforcing environmental regulations, requiring firms to obtain licensing for various aspects of approval or operation, as well as the taxes and/or fee requirements.

Answer to Question 2

The four elements are 1. factor conditions, 2. firm strategy, structure, and rivalry, 3. demand conditions, and 4. related and supporting industries. Factor conditions refer to the basic factors that enable a country to compete internationally. These include land, labor, capital, education of the workforce, and the quality of the country's infrastructure. Firm strategy, structure, and rivalry refers to how the firm has developed its strategy and structure to compete against competition in both the domestic and international environments. Demand conditions refer to the strength of the consumer base domestically and abroad. Related and supporting industries refer to the development of local suppliers in response to a firm's needs.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Recent studies have shown that the number of medication errors increases in relation to the number of orders that are verified per pharmacist, per work shift.

Did you know?

Vital signs (blood pressure, temperature, pulse rate, respiration rate) should be taken before any drug administration. Patients should be informed not to use tobacco or caffeine at least 30 minutes before their appointment.

Did you know?

Despite claims by manufacturers, the supplement known as Ginkgo biloba was shown in a study of more than 3,000 participants to be ineffective in reducing development of dementia and Alzheimer’s disease in older people.

Did you know?

Children of people with alcoholism are more inclined to drink alcohol or use hard drugs. In fact, they are 400 times more likely to use hard drugs than those who do not have a family history of alcohol addiction.

Did you know?

Asthma-like symptoms were first recorded about 3,500 years ago in Egypt. The first manuscript specifically written about asthma was in the year 1190, describing a condition characterized by sudden breathlessness. The treatments listed in this manuscript include chicken soup, herbs, and sexual abstinence.

Translational regulation of ferritin mRNA by the iron regulatory protein (IRP) Translational regulation of ferritin mRNA by the iron regulatory protein (IRP)
Phytochrome controls germination by responding to red/far red light signals. Phytochrome controls germination by responding to red/far red light signals.
Practice Problem 86 You are studying the regulatory DNA of a mouse gene expressed in developing ... Practice Problem 86 You are studying the regulatory DNA of a mouse gene expressed in developing ...
A mechanical returnless fuel system. The bypass regulator in the fuel tank controls fuel line ... A mechanical returnless fuel system. The bypass regulator in the fuel tank controls fuel line ...
The first five reactions constitute the energy-investment phase of glycolysis The first five reactions constitute the energy-investment phase of glycolysis
Pathway by which the nervous system controls skeletal muscle contraction Pathway by which the nervous system controls skeletal muscle contraction
Video: Major Elements in Biological Molecules: Carbohydrates

For a complete list of videos, visit our video library