Study Guide_EPM 2020_08.PDF - TUTORIAL 2 (WEEK 3): BASES...

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Page 3TUTORIAL2(WEEK3):BASESOFINTERNATIONALMARKETING(CHAPTER2)CLASS ACTIVITIES:Revise Topic 2Tutorial exercisesLEARNING OUTCOME:Describe the economic benefits of tradeExplain the reasons companies export and importIdentify the development of exporting and internationalization within the firmAppreciate the growing impact of concerns regarding social responsibility.Tutorial Exercises:You are required to answer these questions as you may be asked to submit the answers(written/printed) during tutorial:1What are the benefits or impacts for import and export nations in international trade? Are thesebenefits / impacts same for industrial goods as for consumer goods? Does export always welfare
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