Country Hand book Checking points

Globalization Describe Globalization - give positive and negative examples of globalization in your own words. Describe some of the challenges a company may face when it does business with companies from countries with different cultures?

Culture Culture basics – languages, religions, holidays, recreational activities, greetingCulture basics – languages, religions, holidays, recreational activities, greeting Cultural Norms – office culture, establish business relationship, decision making..Cultural Norms – office culture, establish business relationship, decision making.. Cultural Taboos – unacceptable behavior, manner, cultural mistakes, networking, social rule..Cultural Taboos – unacceptable behavior, manner, cultural mistakes, networking, social rule..

Explain the ideas of Trade Specialization – imports & exportsSpecialization – imports & exports Balance of TradeBalance of Trade Import/export trade partnersImport/export trade partners Comparative Advantage and absolute AdvantageComparative Advantage and absolute Advantage Trade Deficit / Trade SurplusTrade Deficit / Trade Surplus Trends in trade/ reasons of shiftingTrends in trade/ reasons of shifting

Currency Explain the importance of a country's currency and exchange rates – using data, charts, graphs Comparison of the value of this country’s currency with the currency of the other nations Explain the ideas of how a strong or weak dollar affects trade

Trade policies Trade organization? Member of WTO free trade /fair trade protecting their own workers Is there widespread unemployment? Particular industries failing…

Trade Barriers - 2 embargo tariff quota subsidy dumping Why would a country want to use these trade barriers? What are the ethical issues you face when you buy a product made in a foreign country?What are the ethical issues you face when you buy a product made in a foreign country?

Regulations Trade Disputes involved? Working Condition Regulations Minimum Wage/ child labor Health Insurance