Advantages of buying imports versus buying domestic products

Assignment Help International Economics
Reference no: EM1376392

Briefly discuss the advantages or disadvantages of buying imports versus buying domestic products in relation to the fashion industry.

[A] First, post the definitions of import and export, and give examples of a chosen company and product for 2 import and 2 export item.
[B] Advocate either buying imports or buying domestically for retailing the item.
[C] Describe in detail 2 arguments to defend your point of view.

 

Reference no: EM1376392

Questions Cloud

Forecasting with moving average method : Information covering the most recent thirty days are given in the following table for the rate per gallon of regular gasoline at a local station.
Free trade direction of the country policy : Assume that a country declares that it is moving toward free trade through decreasing its tariffs on intermediate inputs while maintaining its tariffs on final goods.
Valuation of european call option : A European Call Option on a non dividend paying stock where the stock price is $40, strike price is $40, the risk free rate is 4 percent per year, the volatility is 30 percent per year,
Immigration of production workers : Several industrialized nations such as the U.S. attempt to seriously restrict immigration of production workers, but are more open to immigrants who are highly skilled.
Advantages of buying imports versus buying domestic products : Briefly discuss the advantages or disadvantages of buying imports versus buying domestic products in relation to the fashion industry.
Calculating the forward discount : Calculate the forward discount or Premium for Mexican peso whose ninety day forward rate is $.102 and spot rate is $ .10.
Maximizing revenues from sales : Imagine you are a manager at the DaimlerChrysler. Daimler Chrysler has lost money on Smart car since 1st model rolled off the assembly line in 1998.
Determining economic profit : Sydney wants start a new business, but would have to give up a job with a total compensation of $100,000 every year. After researching new business opportunity, Syndey developed the following estimates.
Efficiency difference in government bureaus and private firm : How do the government bureaus different from private companies discuss why is there good reason to believe that bureaucrats will seek to supply more than efficient level of their output in any year?

Reviews

Write a Review

International Economics Questions & Answers

  Total elimination of absolute advantage

The job losses to foreign nations have not been limited to low skilled rankings. And that may not necessarily be a real concern in long run.

  Explain the context of public good analysis

Two individuals are having a picnic. Jane brings eight litres of soft drinks and two sandwiches. Bob, on the other hand, has two litres of soft drinks and four sandwiches.

  calculate the series for nominal gdp

Calculate and Plot using a spreadsheet (like Ms Excel) the series for Nominal GDP

  Calculate realized return on initial dollar investment

One year ago, a United State investor converted dollars to yen and purchased one hundred shares of stock in a Japanese company at a price of 3,150 yen a share.

  Impact of exchange rate on exports

Suppose that a country's real growth is 2% a year, while its real deficit is rising 5% per year. Can the country continue to afford such deficit indefinitely?

  Identify one decision that made manager

JetSet Travel,  has been hugely successful in the distribution of stylish, comfortable shoes for travel. JTI sells its items to approximately 4000 retail accounts in the U.S. and a mix of independent distributors,

  Microeconomic analysis to the labor market

If standard microeconomic analysis could be applied to labour market, then there would be no such thing as unemployment.

  Maintaining an acceptable level of risk

As a treasurer of a large United State corporation, you must decide how best to manage the company's cash flows to maximize profits, subject to maintaining an acceptable level of risk.

  Determine the total intrinsic value

Suppose you wants to determine the total intrinsic value of a large gas and electricity utility company. This company has publicly trade stock and has been paying a regular dividend for several years.

  Question about hypothesis testing

Durable Products, Corporation, has received a bid from a foreign dealer to fill the firm's requirements for additional mineral solution. Durable's current dealer provides material that is, on average, 99 percent pure.

  Determine the equilibrium interest rate

The demand for money in a country is given by, Assume that the money supply is set by the central bank at $1,198,000. Determine the equilibrium interest rate.

  Dfi location decision

Decko Corporation is a United State firm with a Chinese subsidiary that produces cell phones in China and sells them in Japan. This subsidiary pays its wages and its rent in Chinese yuan,

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd