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BUS101 Chapter 3.

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Presentation on theme: "BUS101 Chapter 3."— Presentation transcript:

1 BUS101 Chapter 3

2 Chapter 3 Importing Exporting Free trade Absolute Advantage
Comparative Advantage Balance of trade Trade surplus Trade deficit

3 Chapter 3 World’s Largest Exporting Nations US Trading Partners
Dumping Licensing Franchising Contract Manufacturing Joint Ventures Strategic Alliance FDI

4 Chapter 3 Largest MNCs SWFs Sociocultural Factors Culture
Ethnocentricity

5 Chapter 3 Largest MNCs SWFs Sociocultural Factors Culture
Ethnocentricity Exchange Rate Devaluation

6 Chapter 3 Foreign Corrupt Practices Act Countries High on Corruption
Trade Protectionism Tariff Import Quota Embargo WTO Common Markets EU NAFTA ASEAN Mercosur

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