Ad valorem tariff (duty)* Boomerang effect Bretton Woods monetary system e Brown

Question

Ad valorem tariff (duty)* Boomerang effect Bretton Woods monetary system e Brownfield strategy (in FDID Concerns of globalization Contract manufacturing Copenhagen Accord (2009) Corporate social responsibility (CSR) Cultural cluster approach Dunning's eclectic theorye External driving forces of globalization External forces of international business Fair competition and fair trade (under WTO principles) Fixed exchange rate system Generalized system of preferences Global sourcing Global strategic planning processe Global strategic rivalry theory Heckscher-Ohlin theory of factor endowment Hofstede's culture dimensions Hybrid global designs Import substitution strategy e Indirect exchange rate Infant industry argument Internal forces of international business Internalization theory . International Accounting standards d International competitive strategy matrix e International Fisher effect International Franchising International freight forwarders d International Licensingd International monetary fund (IMF): International product lifecycle theory

Explanation / Answer

1. Ad Valorem tariff - tax or tariff charged on a good or service based on its value and not the quantity.

2. Bretton Woods monetary system - established in 1944 was a system for monetary and exchange rate management amongst the Allied Group.

3. Brownfield Strategy - in this a company acquires or purchases or leases the other company or its assets in order to expand its operations or set up new production lines.

4. Concerns of globalization - it is the process by which people, companies and governments of various nations and cultures integrate at various levels.

5. Contract manufacturing - it is when a manufacturer produces goods for another brand /company or label.

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