INTERNATIONAL BUSINESS ENVIRONMENT By Elisante Ole Gabriel (Tanzania) Chartered Marketer egabriel@edenconsult.net, www.olegabriel.com +255-784-455-499 9/19/2018
INTERNATONAL BUSINESS ENVIRONMENT The World Trade Trends 9/19/2018
Trends in world trade 9/19/2018
Trends in world trade (contd) 9/19/2018
Leading importers in world trade in commercial services 2002 Source : World Trade Organization. 9/19/2018
Composition of world merchandise exports 9/19/2018
Direction of world exports 9/19/2018
An overview of India’s foreign trade 9/19/2018
Composition of India’s trade 9/19/2018
Composition (contd) 9/19/2018
Direction of India’s trade : exports 9/19/2018
Direction imports (contd) 9/19/2018
Balance of trade Source : Based on DGCI&S data 9/19/2018
Gains from international markets to measure the benefits derived by a nation from exports, “terms of trade” is a widely used instrument terms of trade : a measure of relative changes in import and export prices of a nation expressed as the ratio of price index of its exports to price index of its imports 9/19/2018
Terms of Trade Net Terms of Trade : Unit value index of exports expressed as a percentage of unit value index of imports Gross Terms of Trade: Volume index of imports expressed as a percentage of volume index of exports Income Terms of Trade: Product of net terms of trade and volume index of exports expressed as a percentage 9/19/2018
Expanded Macro environment Finally Expanded Macro environment From PEST to ‘SLEEPTIN’ Social Legal Ethical Economical Political Technological International Natural 9/19/2018