International studies Essay Example for Free

international studies Essay1. Business and Economics hebdomad 4 Theories of International Trade and Investment2. Mercantilism is a bankrupt supposition that has no place in the raw world. Discuss.3. Mercantilism a country should maintain a trade surplus, even if that means that imports are bound by government intervention. Bankrupt theory because Inconsistent with the general notion of globalization. Eventually, a country provide find it difficult to export if it imposes oppressive quotas and tariffs on its imports. Consumers in the mercantilist country suffer. Denied access to either cheaper or more sophisticated goods from other countries. 4. Is let off trade fair? Discuss.5. Trade theory suggests that specialization and free trade benefits all countries. However, a case can be made in some situations for frightful trade barriers. E.g. Infant industry argument National security6.What are the potential costs of adopting a free trade regime? Do you think governments should do anything to reduce these costs? What?7. Job passage Government should provide retraining programs OR Do nothing, it will all come out in the wash8. THE RISE OF BANGLADESHS TEXTILE TRADE (PG. 206) CLOSING CASE9. Why was the shift to a free trade regime in the textile industry good for Bangladesh?10. Until 2005, Bangladeshs opportunities in the substantial nations were governed by a quota system. Introduction of free trade policies enabled Bangladesh to increase its exports. Competitive advantage in the payoff of textiles. modest cost, productive labour force. strong network of supporting industries. Also, attracted Western importers looking to diversify their supplier sales booth.11. Who benefits when retailers in the United States source textiles from low wage countries such as Bangladesh? Who might lose? Do the gains outweigh the losses?12. BANGLADESH low cost, lower footing competitive advantage US Higher price fewer garments purchased locally Possible job los s13. What international trade theory, or theories, best beg off the rise of Bangladesh as a textile exporting powerhouse?14. Exporting powerhouse Relatively low wages. Investments in boosting productivity levels. Network of supporting industries. Theory of comparative advantage Porters theory of competitive advantage15. How secure is Bangladeshs textile industry from foreign competition? Whatfactors could ultimately bakshish to a decline?16. Bangladesh is attractive due to low cost garments the opportunity for importers to diversify their supply base (Importers do not want to solely rely on China and see Importers do not want to solely rely on China and see Bangladesh as an attractive alternative to border risks. However, their infrastructure could prove to be problematic for its exporters. If importers find that infrastructure problems disrupt their supplies, they could begin to look for refreshful source countries. Bangladesh should make the necessary investments to a void any disruptions in the industry.17. THE REGULATORY FRAMEWORK NEXT WEEK