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International Business

 

 

Trade Theory

 


Compare and contrast the theory of absolute advantage and the comparative advantage theory. Give an example to support your response. Explain Porter’s Diamond theory and discuss the importance of this theory and its implication.  Support your answers with examples. Minimum of 250 words due by June 5 2014 at 2100 (9pm CT).

 

 

 

 

 

 

 

Trade Control and Free Trade

 

Respond to following:

 

     a. Explain what trade control is. What are the instruments of trade control? Discuss the pros and cons of using trade control. Support your answers   with examples. 

 

     b. Go to the USDA’s page on NAFTA (North American Free Trade Agreement). Explore the insights into NAFTA and discuss the impact of NAFTA on its members.

 

Support your answers with examples. Minimum of 250 words due by June 5 2014 at 2100 (9pm CT).

 

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