Exam IntroIB 2018

Prévia do material em texto

International Trade theories:
*Absolute advantage
*Comparative Advantage
*Factor Endowments
*Product Life Cycle
*New Trade Theory
*Diamond 
Reginal Economic Integrations
1
 V = Consumer Value
 P = Market Price
 C = Cost of Production
 V-P = Consumer Surplus
 P-C = Profit Margin
 V-C = Value Added
V - P
P - C
C
V
P
C
1. Pls. indicate how a company can create value by doing business in other nations/ internationally? (pls .show each once shortly, in items; like 1…, 2...., etc using the figure below). 
And do you think Mercantalist period has been finished (or win-win situation is created) considering globally? (considering all nations and people in the word!)