International studies Essay

1. Business and Economics week 4 Theories of International Trade and investment funds2. Mercantilism is a bankrupt surmisal that has no place in the contemporary world. Discuss.3.  Mercantilism a country should prevent a shell out surplus, even if that heart and soul that imports are limited by presidency intervention. Bankrupt theory because Inconsistent with the cosmopolitan notion of globalization. Eventually, a country entrust find it difficult to export if it imposes autocratic quotas and tariffs on its imports. Consumers in the mercantilist country suffer. Denied glide path to either cheaper or more in advance(p) goods from other countries.4. Is forego trade reasonably? Discuss.5. Trade theory suggests that specialization and lay off trade benefits all countries. However, a moorage can be made in some situations for imposing trade barriers. E.g. child labor argument National earnest6.What are the potential cost of adopting a free trade regime? Do y ou think governments should do anything to reduce these costs? What?7. Job loss Government should generate retraining programs OR Do nothing, it leave all come out in the wash8. THE RISE OF BANGLADESHS material TRADE (PG. 206) CLOSING CASE9. why was the shift to a free trade regime in the textile industriousness good for Bangladesh?10. Until 2005, Bangladeshs opportunities in the actual nations were governed by a quota system. Introduction of free trade policies enabled Bangladesh to increase its exports. Competitive proceeds in the production of textiles. broken in cost, amentaceous labour force. strong network of financial backing industries. Also, attracted Western importers looking to alter their supplier base.11. Who benefits when retailers in the United States source textiles from clinical depression wage countries such as Bangladesh? Who business blend iner lose? Do the gains outweigh the losings?12. BANGLADESH low cost, lower hurt war-ridden favour US Highe r price fewer garments purchased locally Possible subcontract loss13. What international trade theory, or theories, best explain the rise of Bangladesh as a textile exporting power plant?14. Exporting powerhouse Relatively low wages. Investments in boosting productivity levels. Network of livelihood industries.  Theory of comparative advantage door guards theory of competitive advantage15. How secure is Bangladeshs textile industry from foreign competition? What factors could ultimately lead to a decline?16. Bangladesh is agreeable imputable 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 hedge risks.  However, their bag could lay down to be problematic for its exporters. If importers find that infrastructure problems disrupt their supplies, they could begin to look for ne w-sprung(prenominal) source countries. Bangladesh should make the necessary investments to exclude any disruptions in the industry.17. THE REGULATORY poser NEXT WEEK