perusahaan local bisa keilangan keuntungan komparatifnya karena competitor

Perusahaan local bisa keilangan keuntungan

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- perusahaan local bisa keilangan keuntungan komparatifnya karena competitor bikin produksi di low wage country Comparative Advantage by david ricardo a country should sell to others countries those products it produces most effectively or efficiently, and buy from other countries those products it cannot produce as effectively or efficiently.
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Absolute Advantage if the country can produce a specific product more efficiently than all other countries LO 3-2 The balance of trade total value of a nation’s exports compared to its imports measured over a particular period - Trade surplus - Trade Deficit The balance of payments the balance of trade plus other money flows such as tourism and foreign aid, military expenditures, and foreign investment. - Favorable - Unfavorable Dumping selling products for less in a foreign country than in your own country to reduce surplus products in foreign markets or to gain a foothold in a new market LO 3-3 STRATEGIES FOR REACHING GLOBAL MARKETS 1. Licensing A global strategy in which a firm allows a foreign company to produce its product in exchange for a fee - Licensor - Licensee
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