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Assignment On Inb481
Assignment On Inb481
Name Id
Junaid Uddin Chowdhury 18201060
Answer: A trade agreement deals with investment guarantees, here individuals can opt
for preferential and free trade tariffs, in order to avoid trade restrictions such as tariffs,
quotas, etc. The advantages of trade agreements are:
• A trade agreement promotes the relationship between business partners.
• A trade agreement seeks to remove many possible trade restrictions and enables the
free movement of goods and services between the parties involved in trade.
• A trade agreement enables partners to access resources available to the country.
• A trade agreement offers partners competitiveness and attracts them to trade.
A company like RFBR, which has trade agreements with the overseas market, can
improve its business with the resources available in the overseas market and increase
its sales in the overseas market. The RFBR company with trade agreement can
increase the attractiveness of the international markets as an investment decision.
2. What makes the demographics of the Asian countries attractive for future trade
development?
Answer: The demographics of Asian countries are appealing for future trade
development as there nations are developing hastily in phrases of infrastructure,
generation and there are ample assets which value much less and feature a massive
scope of untapped marketplace for business. There are many treaties and trade
agreements which facilitate clean worldwide alternate with Asian nations and cause
them to appealing for future development.
Answer : RFBF might face demanding situations in designing a supply chain strategy
that best fits in step with the local providers. Since the employer has to rely upon
neighborhood providers in Asian nations it has to remodel and rely upon neighborhood
deliver chain to control the operations. Also providers might also additionally dominate
locally in Asian nations. As maximum of the income are made on line and there are
simplest few humans who've get entry to net in Asian nations so that you can restrict
their purchaser base. Therefore they will face demanding situations in achieving to a
much broader section of clients because of much less scope for on line income for his
or her product.