International Business | Assignment-2

0Running head: INTERNATIONAL BUSINESS
International business
Name of the student
Name of the university
Student ID
Author note

1INTERNATIONAL BUSINESS
Table of Contents
Answer to Topic 2...........................................................................................................................2
Answer to Topic 3...........................................................................................................................4
Answer to Topic 4...........................................................................................................................5
Reference.........................................................................................................................................9

2INTERNATIONAL BUSINESS
Answer to Topic 2
Each of the country has dissimilar types and elements of funds that will control what they
can or cannont produce. The endowment factors of capitals (Boncinelli, Bartolini & Casini,
2018) of an country is referred to as land, labour, capital and enterprise.
A large supply of natural resources such as coal iron ore, bauxite and grazing land,
Australia has.
In case of china, business outsource manufacturing unit is increasing there which is the
primary reason to China became world’s largest industrial leader. That is why the china could
yield quality industrial items at a very low price. For instance Pacific brands, the textile
manufacturing unit produces clothing such as Bonds. It is very closed to the Australian
engineering plants and subcontracted their production to Chinese firms. The main reason is to
arise china as the worlds largest industrial nation by the business venture of china. A highly
skilled low cost staff and the government enthusiasm in china for advancing in industrial
infrastructure, most of the production items like TV, electrical equipment and cars have became
cheaper. For a consequence the world’s disposable income (Wang, Fang & Law, 2018) (y-t=
income left after paying tax) increased, as the price fall.
Japan is having highly skilled workforce. They use technology in a very advancenment
manner in oreder to produce cars and electrical equipment.
In terms of the distribution factors over the country, Australia has rich productive land
and advantages in competativeness for grains growing, where as the countries like Japan,
Sweden and the Netherlands are well gifted with the capital and have a relative advantage in
capital intensive industrial commodities.

3INTERNATIONAL BUSINESS
In India, especially capital and labour movements influences the growth and economic
structure. Export of particular consistently allows an economy to obtain a particular skills,
knowledge and expertise for their fabrication. It also recognizes the accumulation of capital.
Similarly continuous importation of specific capital goods and technology alerts the “capital
labour ratio (Gumata & Ndou, 2017).
Displining labour, the expansion of a growth triangle is a very effective method of
keeping a top on production cost in Singapore itself.
Australia has an adequet supply of farming land but short in population. In comparison to
other countries, Australia has cheap land and high wages. Therefore the production of goods that
meets massive area of land and cheap rate of labour. Regions like Australia, ample supply of
labour, technicaly skilled as well as untrained and capital will find it cost-effective to specialize
in productions. As there is different factor of donations trade would be benifitial for every
nations. Trade permits countries to have admission for goods and services that are unproduced or
can not not be produced properly.
In case of India, income growth leads both consumption and savings by the income
growth rate, consumption and investrment differ in unbalanced growth. If the production patterns
are diversified (Sorge & Streeck, 2016) the output composition will also change.
International and inter-regional changes in the “production costs” occur because of
changes in the supply of manufacturing factors, that is land, labour and capital. Those type of
goods that need a huge amount of adequacy, then lower production refers lower costly factor,
which ensures lower selling value in the international market. For instance china is