GLOBAL BUSINESS MANAGEMENT - Desklib

Running head: GLOBAL BUSINESS MANAGEMENT
GLOBAL BUSINESS MANAGEMENT
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1GLOBAL BUSINESS MANAGEMENT
Table of Contents
Answer to Q11.................................................................................................................................2
Answer to Q7...................................................................................................................................2
Answer to Q3...................................................................................................................................2
Answer to Q1...................................................................................................................................2
Reference List..................................................................................................................................4

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Answer to Q11
A strong dollar means that the currency buys more of a foreign country’s goods which
has weaker dollar value. It is bad for big companies in US that has lot of overseas business as it
lowers the value of international sales and profits because consumers will not buy goods from
US due to strong dollar value and hurt US exports. It can be good for other economies such that
the currency is becoming more valuable in correspondence to currency of another country.
Answer to Q7
SMEs use three tools to enter the foreign markets such as FDI, Licensing or franchising
and direct exports. Direct exports provides protection to SMEs in domestic economy and enables
to serve countries in other economies. Licensing is a tool used in manufacturing companies
where one firms has the right to access technology or trademark of other firm in another
economy. Small scale foreign firms control domestic firms through FDI.
Answer to Q3
Embargo are legal as it enables the government or group of governments to restrict the
export or movement of goods from one country to another (Sutton, 2013). It is used as a
government order that is the result of unfavorable economic or political circumstances between
the two nations. Embargo restricts the exchange of certain commodities specified by the two
economies. It can influence a nation both politically and economically. Decisions relating to
embargoes are legally mandated by the United Nations.
Answer to Q1
Doha Roha was aimed to enhance international trade by lowering trade barriers. The
prime reason for the failure of Doha Round was because EU and United States were unwilling to

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give up their agricultural subsidies (Rios, Thiebaut, & de Carvalho Azevedo, 2015). Many
countries like Brazil, India and China did not support the agreement. Economies were unable to
negotiate among themselves. As a result, it was believed that no deal is better than any deal as it
created more conflicts among economies.

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Reference List
Rios, L. E. J., Thiebaut, B. D. S. L., & de Carvalho Azevedo, V. A. (2015). Transferencia
internacional de tecnologia: Efeitos para os paises em desenvolvimento. PIDCC: Revista
em propriedade intelectual direito contêmporaneo, 9(3), 174-191.
Sutton, S. C. (2013). Open access, publisher embargoes, and the voluntary nature of
scholarship. College & Research Libraries News, 74(9).