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Key Factors Impacting Demand A few paragraphs covering the following: 1. Identify and explain the factors that can affect the balance of trade between the
Key Factors Impacting Demand
A few paragraphs covering the following:
1. Identify and explain the factors that can affect the balance of trade between the United States and the country that you targeted for your business. Explain how each of these factors may affect the demand for your product.
2. Which of these factors is likely to be most important in affecting the demand for your product?
3. Determine whether the product you plan to sell is already one of the main exports to that country.
4. Explain the import controls set by that country's government. Determine whether your business would be affected by trade regulations.
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