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Benefits and Costs of International Trade.
Member rating: No Rating | Words: | Submitted: Wed Jul 14 2004
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International trade can help and hurt a business or a government. When a business decides to trade internationally there are a whole new set of rules and procedures to follow and different cultures to adapt to. A business like Tesco has to be prepared to understand numerous factors before deciding to operate in a certain country. They cannot rush headfirst into a country expecting them to like the same things that English people like. Even the layout of the store may have to be changed to suit a certain country or the products sold may be promoted in different ways etc. An example of this would be in a Japanese shop David Beckham may be advertising chips but in Iran a different person more well known in the Arab world. Britain has traded with the rest of the world for many years now. They do this for a number...
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