BUSN115 Students Discussions Week 2

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BUSN115 Students Discussions Week 2
Most of the world’s population lives outside the United States. However, many U.S. companies…

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BUSN115 Students Discussions Week 2

BUSN115 Students Discussions Week 2

All Students Posts – 93 Pages

International Trade or Stay Close to Home? – 50 Pages

Most of the world’s population lives outside the United States. However, many U.S. companies, especially small businesses, still do not engage in international trade. Why do you think this is the case? If you were a small business owner, would you want to engage in international trade? Why? Why not? What impact would your endeavors in international trade have on your business? Why? Many people believe that imposing quotas, tariffs, or embargoes upsets the theory of comparative advantage, which is based on free economic exchange. According to the theory, companies should sell products to other countries that they can most efficiently produce, and buy products from other countries that can produce them more efficiently.

Comparative advantage can sometimes be a difficult concept for people to understand. Our written lecture this week can be interpreted as an example of using Unit X (United States) and Y (Colombia), and Products A (growing coffee beans) and B (producing coffee), to explain the theory. Often, this can seem even more confusing. Let’s try as a class to come up with companies and products to make an example of comparative advantage. Let’s make some sense of this theory! I look forward to the discussion…Who would like to start?…

Industrialized Versus Developing – 43 Pages

The United States is considered to be an industrialized nation because we have such a high standard of living. Countries with lower standards of living are considered to be emerging or developing nations.  What factors prevent developing countries from becoming developed? Why? What are the responsibilities of industrialized nations to developing nations in this regard? Why? What are the responsibilities of businesses in industrialized nations to businesses in developing nations? Are there any? Why? Why not?

The world itself have a place for everything and everyone in it have a talent to fulfill and those talent will become in such power for an economic system, yes we are an industrialized nation and there are a few other countries that could a big competition for us.
Another countries have power over the market place one example is Brazil and with a positive market around the world and this one has become another a developed country in a short period of time. With a car industry well founded Brazil is the number four in the world for the auto industry…