PB Ch. 3 Summary.docx - Chapter 3 \u2013 Doing Business in Global Market The language used in trade global importing exporting Why trade with other nations

PB Ch. 3 Summary.docx - Chapter 3 u2013 Doing Business in...

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Chapter 3 – Doing Business in Global Market The language used in trade global: - importing - exporting Why trade with other nations? - Perbedaan SDA - Perbedaan penguasaan teknologi Because theres no nation that can produce all the products its people want and need. Even the poorest nations such as guinea, ethiopia also have their excess recourses. Global trade enables a nation to produce what its most capable of producing and make a mutually benefical exchange relation. Free Trade = kegiatan jual beli barang & jasa antar negara tanpa ada penghalang & diskriminasi pemerintah pros: - theres over than 7 billion potential cust - productivity grows krn keuntungan komparatif - global competition & less costly importe keep prices down : ga inflasi - keep firms competitively challenged krn terinspirasi dari negara lain cons: - domestic workers can lose their jobs - workers may be forced to acc pay cuts ; jd pindah ke global market yg gajinya lbh byk - moving operations overseas bcs of intense competitive pressure
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