Question
1. 1) Describe the various forms of economic integration in Europe. What is Brexit, and what are the implications for Great Britain's relationship with Europe
1.
1) Describe the various forms of economic integration in Europe. What is Brexit,
and what are the implications for Great Britain's relationship with Europe in terms of global trade.
2) Explain, giving examples, as to why "jurisdiction" plays an important role in global marketing?
3a) U.S. President Donald Trump's "America First" agenda is one example of the way some nations are retreating into protectionism and isolation. Do you support Trump's protectionism? Why or why not?
b) Explain, with example(s), the benefits of competitive advantage and show how globalization presents companies with unprecedented opportunities.
4) Explain what are the distinguishing features between centrally planned socialism and centrally planned capitalism? Give examples of two or more countries which follow these systems.
5) A laptop manufactured in Canada and imported by Chile would not be subjected to duty. If the same laptop was manufactured in the United States and exported to Chile, it will have to pay duty. In order to avoid duty, can the manufacturer in the United States send the computer via Canada?
6) When a company invents a product or service, it should have a right to defend its creativity with intellectual patents. However, there are some countries like Italy and China where piracy and copyright violations are common. How can a corporation prevent this by having some built-in measures in products and services?
7) London's Sunday Times reported that Mecca-Cola has become the drink which has come to be seen as "politically preferable" to Pepsi or Coke in many Muslim countries. Also, Danish products were boycotted in many Islamic countries in protest of an offensive cartoon that was printed in newspapers. Considering these two examples, explain with your own examples to show how religion can have an impact on marketing.
8) There's a saying in the business world that "nothing fails like success". Take Gap, for example. How can a fashion retailer that was once the source for wardrobe staples such as chinos and white T-shirts suddenly lose its marketing edge? Motorola has also fallen victim to its own success. The company's Razr cell phone was a huge hit, but Motorola struggled to leverage that success. Google acquired Motorola Mobility but then sold it to Lenovo in 2014. Recently, Starbucks CEO Howard Shultz warned that his company and brand risk becoming commoditized. And, some industry observers are saying that Apple has "lost its cool". As an International Marketing student, if you were to make separate recommendations to management at each of these companies, what would you say?
2.
I've been given the following set-up:
Consider problem of abating global greenhouse gas emissions. Assume there are 10 countries indexed by i=1,2,...,10. Country i abates quantity qi tons. Marginal cost of abatement (MC) is $100/ton in each country. Meanwhile the marginal benefit of abatement (MB) for each country individually is 110-Q, where Q=q1+q2+...+q10.
-- When asked about the Pareto efficient level of global abatement I would have expected that the intersection of the MB and MC lines would involve setting the equations equal to each other ... but that isn't right. Even when setting up a chart on an x and y-axis, the marginal benefit line would start at (0,110) but then end ... at (100,0)? MC would start at (0,0) and then I don't even understand what the equation for the MC line would be. Help! Perhaps my greater confusion here is because the units on the MC 'curve' don't work ... $110 - Q, where Q is the number of tons abatedjQuery224037577422861246745_1622470805266
-- Then, if we suppose that each country chooses its abatement voluntarily, taking as given the choices of the other 9 countries, we're asked to derive country #1's optimal abatement q1 as a function of Qothers=Q-q1. I'm really at a loss here.
3.) In a Nash equilibrium (i.e. in which all countries are simultaneously optimizing, taking the other countries' choices as a given), what will be the total global abatement? I believe that this is determined through interpreting the MB and MC graph.
3.answer the following questions.
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