notes on reading # 18

notes on reading # 18 - Differences across countries Google...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
Google and walmart Walmart: walmart transferred its basic business model from the uniteed states to overseas and did better in countries similar to the univeted states than in very differenct ones Systematic evidence Double trouble distance Componenets of the cage distance framework: 1. Cultural distance 2. Administrative distance 3. Geographic distance 4. Economic distance Elements that made walmart international market succed: 1. Common language 2. Free trade agreements 3. Unincorporated territory 4. Geographically closer 5. Common land borders 6. Economic similarities Taking distance seriously Trade between wo countries will be directly related to their economic sizes ( a unilateral attribute of each) and inversely related to the physical distance between them (a bilateral atribute). The bigger economies generate more trade in absolute terms and greater distances between them should prevent that trade. Five dimentions for trade:
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

Page1 / 4

notes on reading # 18 - Differences across countries Google...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online