ZuoTi.Pro
Question

Ragan discusses the sources of gains from international trade in Chapter 33 of their book. How...

Ragan discusses the sources of gains from international trade in Chapter 33 of their book. How important have such sources of gains been for the company Instagram? Provide references, please.

business   Operations-Management   
0 0
Add a comment Improve this question Transcribed image text
Next > < Previous
Sort answers by oldest

Homework Answers

Answer #1

The sources of gains are many from the international trade. Doing an international trade with different countries help you to grow as a country. The sources of gains from the international trades depends on the size of the country. If the country is big in size then the trade will be huge. And it will going to provide you a huge amount of profit for your country. Moreover technology also plays an important role here as if the technology level of that country is strong and it will have a great amount of Captial and it's foreign trade will be large in size and will provide your country benifits. Nature of the commodities also have a crucial part as the nature of the commodity is not favourable then it will have a less demand but if the nature of the commodity is favourable then it will have a huge demand. If the demand of any country's product is there in the market then that country will be having a good level of income from that particular product so level of income plays a important role in gains from international trade globally.

Reference

Essential Factors that Determines the Gains from International Trade article shared by :

0 0
Add a comment
Know the answer?
Add Answer to:
Ragan discusses the sources of gains from international trade in Chapter 33 of their book. How...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions

  • The international terms of trade (tot) influence the extent to which a country gains from trade....

    The international terms of trade (tot) influence the extent to which a country gains from trade. Explain what is meant by terms of trade, and how do changes in the terms of trade affect the ‘welfare’ effects of trade.

  • The theory of gains from trade states that international trade is mutually beneficial to two countries...

    The theory of gains from trade states that international trade is mutually beneficial to two countries trading together. If that is true, why is the U.S. running at a deficit and China a surplus? How does the ballooning U.S. deficit affect you personally? What changes could our government make which would help reduce this deficit?

  • In Chapter 13 from the book "Charles W. Hill, International Business, 12th Edition, published by ...

    In Chapter 13 from the book "Charles W. Hill, International Business, 12th Edition, published by McGraw Hill", we learned that the two basic forces that companies face in global markets are pressures for cost reduction and pressures for local responsiveness. How would you describe DoOnGo’s approach to these two forces? Discuss.

  • % Concept: Gains From International Trade E Question Help Suppose France and Spain produce only cloth...

    % Concept: Gains From International Trade E Question Help Suppose France and Spain produce only cloth and wine. Assume that each country uses only labor to produce each good, and that the cloth and wine made in France and Spain are exactly alike. The table below shows how much each country can produce of each good with one hour of labor Output per Hour of Labor Cloth Wine France 23 16 Spain Suppose that France and Spain do not trade...

  • Chapter overview 1. Reasons for international trade Resources reasons Economic reasons Other reasons 2. Difference between...

    Chapter overview 1. Reasons for international trade Resources reasons Economic reasons Other reasons 2. Difference between international trade and domestic trade More complex context More difficult and risky Higher management skills required 3. Basic concept s relating to international trade Visible trade & invisible trade Favorable trade & unfavorable trade General trade system & special trade system Volume of international trade & quantum of international trade Commodity composition of international trade Geographical composition of international trade Degree / ratio of...

  • Hint (read chapter 25 of the reference book I shared and other sources in the context...

    Hint (read chapter 25 of the reference book I shared and other sources in the context of Tanzania) Jennifer Branson is a new staff auditor on the audit engagement of Greenville Light & Sound, which is a publicly traded company with a calendar year-end. The engagement team has completed its review of the third-quarter financial statements, and the firm has been asked to issue a review report on those statements. As the senior auditor on the engagement, you asked Jennifer...

  • In Chapter 13, your e-book lists four distinct Global Market Entry Strategies. How you enter the...

    In Chapter 13, your e-book lists four distinct Global Market Entry Strategies. How you enter the market initially as an international or global marketer is an important early consideration and choosing the right method for that specific market and one that also fits your circumstances is critical. Choose any one of the four entry methods, describe it, and explain why and when you might choose to use that strategy to enter a new market. Provide examples that illustrate your thoughts.

  • Chapter 12 covers the topic of “perfect competition.” Two lecture videos pertaining to perfectly competitive markets,...

    Chapter 12 covers the topic of “perfect competition.” Two lecture videos pertaining to perfectly competitive markets, one about “price-taking perfectly competitive firms” and one about “perfectly competitive markets,” have been posted on our course website. Agricultural markets in the U.S. are perhaps one of the closest markets to being perfectly competitive. Attached to this homework is a book chapter on agricultural markets in the U.S. This book chapter was written by an economist and it uses “economic language” to describe...

  • From the book "Data Strategy: : How to Profit from a World of Big Data, Analytics...

    From the book "Data Strategy: : How to Profit from a World of Big Data, Analytics and the Internet of Things" Read Introduction and Chapter 1 and do the following: 1. Executive Summary for EACH chapter. 2. Which are the three most CRITICAL ISSUES of EACH chapter? Please explain why? and analyze, and discuss in great detail … 3. Which are the three most relevant LESSONS LEARNED of EACH chapter? Please explain why? and analyze, and discuss in great detail...

  • Discussion 1 - How Service Characteristics In Hospitality & Tourism Vary By International Region The purpose...

    Discussion 1 - How Service Characteristics In Hospitality & Tourism Vary By International Region The purpose of the discussion forum is to provide a platform for students to consider how marketing principles may apply differently based on the norms, attitudes, values, beliefs and social practices of different cultures. In Chapter 2, you’ve been exposed to the Service Characteristics in Hospitality & Tourism Marketing (Inseparability, Intangibility, Variability, Perishability). For this discussion assignment, undertake some research (through the library or other citable...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT