Assignment: International Economic Analysis (2000 words)
Every nation interacts with other nations. Sometimes that interaction is structured through various trade agreements. Other times it is more casual but there are no nations that are totally closed off from the Global Economy. Those interactions may have an impact on the success or failure of any new marketing strategy. Consider some of the following as you analyze the nationâ€s place in the Global Economy:
Here is what we want you to do with this assignment.
Dig deeper into the international data for example the WTO databases of trade barriers or the USTR report on trade barriers by country to get a sense of the trade barriers.
Look at their exchange rates to see if there is any exchange rate risk
What kind of trade agreements do we have with that country?
Who are the commercial officer contacts for that country at the US Embassy in that country?
What is the US Commercial guide for the country saying about potential in that country?
What are Foreign Direct Investment trends in that country and is it easy to move investments in and out of that country.
http://wits.worldbank.org/Default.aspx?lang=en integrated trade data on countries
https://www.wto.org/english/res_e/statis_e/itip_e.htm (wto antidumping etc for goods and services)
http://tmdb.wto.org/searchmeasures.aspx?lang=en-US (trade data)
Trade barriers latest report https://ustr.gov/sites/default/files/2015%20NTE%20Combined.pdf
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