international trade

INTERNATIONAL TRADE

DUE DATE 21^ST OCT 2014 AUSTRALIAN TIMINGS 14.00PM

EACH TOPIC REQUIRES 2PAGES ANSWER, WITH ANY  RELEVANT GRAPHS,CHARTS.

**WITH PROPER RESEARCH ON THE CHOOSEN COUNTRIES AND INDUSTRIES**

TOPICS     :

1. GLOBALIZATION

What is it all about?

Who's the drivers?

Who's the winners / loosers?

Examples with 2 industries, 2 countries?

2.COMPARITIVE ADVANTAGE AND ABSOLUTE THEORY?

How do you apply in the country/industry? Examples with 2 counties and 2 industries?

3.TRADING BLOCS:

NAFTA

EUROPEAN  UNION

4. Tariffs and import duties, subsidies:

What are they? What are the benefits of tariff s and subsidies?

Talk about both countries import/export.

What are the issues?

reducing tariff and why? 

Examples with 2 industries and 2 countries

5. Intra and inter trade.Explain in detail?

 Examples of 2 industries and 2 countries?

6. Internal economies of scale and external economies of scale?

Driving factors to achieve internal and external economies of scale?

Examples of 2 industries and 2 countries.