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    International Business and Trade Group 1

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    francine olila
    The document discusses various topics related to international business and trade, including: - Types of globalization such as economic, cultural, political, and social globalization. - Institutions that affect international trade such as the World Trade Organization, International Monetary Fund, World Bank, United Nations, and G20. - Policies that impact international trade such as free trade agreements, tariffs, import quotas, and intellectual property rights protection. - How globalization and international trade affect business environments by expanding market opportunities but also increasing competition and regulatory challenges. - The political economy of international trade and how governments intervene in trade to protect domestic groups, despite commitments to free trade.

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    © All Rights Reserved
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    International Business and Trade Group 1

    Uploaded by

    francine olila
    7 views18 pages
    The document discusses various topics related to international business and trade, including: - Types of globalization such as economic, cultural, political, and social globalization. - Institutions that affect international trade such as the World Trade Organization, International Monetary Fund, World Bank, United Nations, and G20. - Policies that impact international trade such as free trade agreements, tariffs, import quotas, and intellectual property rights protection. - How globalization and international trade affect business environments by expanding market opportunities but also increasing competition and regulatory challenges. - The political economy of international trade and how governments intervene in trade to protect domestic groups, despite commitments to free trade.

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    International-Business-and-Trade-Group-1

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    The document discusses various topics related to international business and trade, including: - Types of globalization such as economic, cultural, political, and social globalization. - Institutions that affect international trade such as the World Trade Organization, International Monetary Fund, World Bank, United Nations, and G20. - Policies that impact international trade such as free trade agreements, tariffs, import quotas, and intellectual property rights protection. - How globalization and international trade affect business environments by expanding market opportunities but also increasing competition and regulatory challenges. - The political economy of international trade and how governments intervene in trade to protect domestic groups, despite commitments to free trade.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    7 views18 pages

    International Business and Trade Group 1

    Uploaded by

    francine olila
    The document discusses various topics related to international business and trade, including: - Types of globalization such as economic, cultural, political, and social globalization. - Institutions that affect international trade such as the World Trade Organization, International Monetary Fund, World Bank, United Nations, and G20. - Policies that impact international trade such as free trade agreements, tariffs, import quotas, and intellectual property rights protection. - How globalization and international trade affect business environments by expanding market opportunities but also increasing competition and regulatory challenges. - The political economy of international trade and how governments intervene in trade to protect domestic groups, despite commitments to free trade.

    Copyright:

    © All Rights Reserved
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    of 18

    GROUP 1

    INTERNATIONAL
    BUSINESS
    AND TRADE
    BY : DITAN, JULIUS DOMINIC
    INDEFENSO, RACHEL ANNE
    ZARAGOSA, DIANNE
    GLOBALIZATION
    is a term used to
    describe how trade
    and technology have
    made the world into a
    more connected and
    interdependent place.
    Economic Globalization

    Cultural Globalization

    Political Globalization
    TYPES OF
    Social Globalization
    GLOBALIZATION
    TRADE
    Refers to the exchange of goods and services
    from one country to another. In other words,
    imports and exports.

    IMPORTS
    EXPORTS
    INFLATION RATE

    ENVIRONMENT
    CLIMATE CHANGE
    AFFECTING THE
    LOW SUPPLIES INTERNATIONAL
    HIGH DEMANDS
    TRADE
    TECHNOLOGICAL
    UPGRADE
    INSTITUTIONS AND POLICIES THAT
    AFFECT INTERNATIONAL TRADE
    General Agreement on Tariffs and
    Trade (GATT) and its successor
    World Trade Organization (WTO)
    International Monetary Fund (IMF)
    INSTITUTIONS
    World Bank THAT AFFECT
    United Nations
    G20 or Group of 20 INTERNATIONAL
    TRADE
    INSTITUTIONS THAT AFFECT
    INTERNATIONAL TRADE

    GENERAL AGREEMENT ON WORLD TRADE INTERNATIONAL MONETARY


    TARIFFS AND TRADE (GATT) ORGANIZATION (WTO) FUND (IMF)
    was a global trade global organization that and the World Bank were
    agreement that existed from deals with the global rules both created in 1944 by 44
    1947 until it was replaced by of trade between nations. nations that met at
    the World Trade Its main function is to Bretton Woods, New
    Organization (WTO) in 1995, ensure that trade flows as Hampshire. The IMF was
    created to promote and smoothly, predictably and established to maintain
    regulate trade between freely as possible. order in the international
    countries.
    monetary system.

    INSTITUTIONS THAT AFFECT


    INTERNATIONAL TRADE

    WORLD BANK UNITED NATIONS G20 OR GROUP OF TWENTY


    international financial was established Oct. 24, founded in 1999, comprised
    institution that provides 1945, by 51 countries of leaders from 19 countries
    loans and grants to the committed to preserving and representatives from
    governments of low- and peace through the European Union.
    middle-income countries for international cooperation Established to formulate a
    the purpose of pursuing and collective security. coordinated policy
    capital projects.
    response to financial crises

    in developing nations.

    1. Free Trade Agreements (FTAs)


    2. Trade Tariffs
    3. Import Quotas
    4. Customs and Tariffs
    5. Foreign Exchange Rate Policies
    6. Trade Promotion Agencies

    POLICIES THAT
    7. Intellectual Property Rights (IPR) Protection
    8. Sanitary and Phytosanitary (SPS) Measures
    9. Non-Tariff Barriers (NTBs)
    10. Bilateral Investment Treaties (BITs)
    11. Export Subsidies and Import Tariffs
    AFFECT
    INTERNATIONAL
    12. Trade Remedies
    13. International Financial Institutions
    14. Regional Economic Blocs
    15. Export Controls
    16. Trade Dispute Resolution Mechanisms
    TRADE
    17. Investment Policies
    HOW GLOBALIZATION AND INTERNATIONAL
    TRADE AFFECT THE BUSINESS ENVIRONMENT
    1. Expanded Market Opportunities
    2. Increased Competition
    3. Supply Chain Complexity
    4. Regulatory and Compliance Challenges
    5. Technology and Innovation
    6. Currency Exchange Rates
    7. Cultural Sensitivity
    8. Intellectual Property Protection
    9. Global Economic Factors
    10. Evolving Trade Agreements
    11. Sustainability and Corporate Responsibility
    12. Economic Growth Opportunities
    POLITICAL ECONOMY OF
    INTERNATIONAL TRADE
    STUDIES OF THE POLITICS OF
    INTERNATIONAL TRADE AIM TO
    EXPLAIN VARIATION IN THE DEMAND
    FOR AND SUPPLY OF PROTECTION
    OVER TIME, ACROSS COUNTRIES, AND
    ACROSS SECTORS.
    WHAT IS THE POLITICAL REALITY OF
    INTERNATIONAL TRADE?
    Free trade occurs when
    governments do not attempt to
    restrict what citizens can buy
    from another country or what
    they can sell to another country.
    While many nations are nominally
    commited to free trade, they tend
    to intervene in international trade
    to protect the interest of
    politically important groups.
    Why does the government intervene?
    Political
    Arguments

    Economic
    Arguments
    POLITICAL SYSTEMS
    1. Parliamentary (Open)
    2. Absolutist (Closed)
    EFFECTS OF POLITICAL
    ECONOMY IN
    INTERNATIONAL TRADE
    POLITICAL RISKS
    1. Imposition of new controls such as trade TO THE BUSINESS
    POLITICAL SYSTEMS
    restrictions, exchange limitations or
    monetary controls ENVIRONMENT
    2. War
    3. Revolution or insurrection
    4.

    TRADE RESTRICTIONS
    1. Confiscation
    2. Expropriation
    3. Nationalization EFFECTS OF POLITICAL
    4. Domestication
    ECONOMY IN
    INTERNATIONAL TRADE
    POLITICAL INSTABILITY INDICATORS
    TO THE BUSINESS
    POLITICAL
    1. Social Unrest SYSTEMS
    2. Attitudes of the Nationals ENVIRONMENT
    3. Policies of the Host Government
    https://en.wikipedia.org/wiki/G20
    https://www.un.org/en/model-united-nations/un-

    REFERENCES
    charter#:~:text=The%20purposes%20of%20the%20United,and%20self%2Ddeterminatio
    n%20of%20peoples
    https://www.wto.org/english/thewto_e/whatis_e/tif_e/fact5_e.htm#:~:text=What%20hap
    pened%20to%20GATT%3F,of%20the%20Uruguay%20Round%20negotiations.
    Hill, C. W. L. (2011). International business competing in the global marketplace: global
    edition. New York Mcgraw-Hill/Irwin.
    https://www.slideshare.net/JubayerAlamShoikat/the-political-economy-of-
    international-trade
    Angeles-Pelayo, Dorothy."International Business' Political Environment".
    https://www.youtube.com/watch?v=LW4hie3aNEE&t=52s
    THANK YOU

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