global managerial economics

Feb 25th, 2015
Anonymous
Category:
Accounting
Price: $15 USD

Question description

1,000-1,400 words. 

Before making a decision about entering into the global market, business owners must familiarize themselves with some macro- and microeconomic concepts:

-The World Bank and International Monetary Fund

-Imports and exports as part of Gross Domestic Product (GDP)

-Multinational corporations

-Foreign direct investment and capital flows

-Foreign exchange market and exchange rates

-Labor theory of value

-Marginal rate of transformation

-Gains from trade, comparative advantage

-Economies of scale

>First, define these terms in your own words as if explaining them to a business owner (cite to support/note your source). Then, discuss how these terms individually apply to both supply and demand and to a business owner who is contemplating expanding internationally.

Tutor Answer

(Top Tutor) Studypool Tutor
School: UC Berkeley
PREMIUM TUTOR

Studypool has helped 1,244,100 students

Review from student
Studypool Student
" Top quality work from this guy! I'll be back! "
Ask your homework questions. Receive quality answers!

Type your question here (or upload an image)

1823 tutors are online

Brown University





1271 Tutors

California Institute of Technology




2131 Tutors

Carnegie Mellon University




982 Tutors

Columbia University





1256 Tutors

Dartmouth University





2113 Tutors

Emory University





2279 Tutors

Harvard University





599 Tutors

Massachusetts Institute of Technology



2319 Tutors

New York University





1645 Tutors

Notre Dam University





1911 Tutors

Oklahoma University





2122 Tutors

Pennsylvania State University





932 Tutors

Princeton University





1211 Tutors

Stanford University





983 Tutors

University of California





1282 Tutors

Oxford University





123 Tutors

Yale University





2325 Tutors