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State about the Manufacturing overseas or exporting
Dyson (appliances manufacturer) relocated UK production to Malaysia in 2002 though still retained its head office within the UK, because of the hard to imitate core engineering skills and experience organisation had developed over past decades. Exporting could make use of local distributors or sales agents to improve effectiveness for example local knowledge of language, customs and traditions in their country.
Discuss the criteria for a ‘good’ international monetary system. Answer: A good international monetary system must offer (i) sufficient liquidity to the world economy, (ii)
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