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Global Business Exam Review Weeks 1-12

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Covers week one to twelve of global business Document created Semester One 2015

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26 Pages Complete Study Notes > 2 Years old
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Topics this document covers:
International economics International trade Foreign direct investment Export Foreign exchange market Commercial policy Non-tariff barriers to trade Globalization International business Foreign exchange risk Protectionism Monetary policy
This is a Complete Set of Study Notes

Complete Study Notes typically cover at least half a semester’s content or several topics in greater depth. They are typically greater than 20 pages in length and go into more detail when covering topics.

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Topics this document covers:
International economics International trade Foreign direct investment Export Foreign exchange market Commercial policy Non-tariff barriers to trade Globalization International business Foreign exchange risk Protectionism Monetary policy
Sample Text:
taken across international borders • Business transactions between parties from more than one country - Multinational enterprise (MNE): any business that has productive activities in two or more countries (note: MNC is multinational company) - Law of one price: principle that in competitive markets free of transportation costs and barriers to trade, identical products sold in different countries must sell for same price when their price is expressed in same currency - Globalisation: refers to the shift towards a more integrated and interdependent world economy, the trend toward a more integrated global economic system leading to homogeneity across markets • Two main components of globalisation include: - globalisation of markets • Many industries historically distinct and separate national markets are merging into one huge global marketplace - globalisation of production (i...
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