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you can find this article on google,. I need to do assignment on the article on

ID: 1219258 • Letter: Y

Question

you can find this article on google,.

I need to do assignment on the article on

On importer trust and
commitment: a comparative study of two developing countries.

REQUIREMENTS OF REPORT TO DO

I. Introduction

This section should include the major conclusions from your analysis.

II. Your Analysis of the Article

Analyze the article by taking a point of view: do you agree with the article?

Make note of how the article deals with economic theory: do you think it lacks sound economic theory?

Also make note of whether the article needed additional facts: do you think it needs more relevant facts? If so, then be sure to mention additional references.

etc.

III. Conclusions

Explanation / Answer

After visiting Thailand in 1996 and Morocco in 2001, it was very evident that these two countries had many similarities. Both countries are ruled by monarchs, both are developing countries, and both have overcome many adversities. However, today we find these two countries are very different in their involvement in the global community and in their local economic development. Thailand appears much more advanced in its stage of economic development and more involved in international trade than Morocco.

It appears this has occurred in Thailand with the King being very involved in issues, but the Moroccan monarch is less involved in economic issues, trade development, and regulations that encourage trade and is more involved in improving health, unemployment, social disparities, and housing (Denoeux, 2001) which are important, but do not lead as quickly to economic development.

Both countries have a role in the illegal drug trade. Thailand is a minor producer of opium, heroin, and marijuana. Morocco is a producer of hashish and trafficking has increased in both the domestic and international drug markets.

II) Your Analysis to the article-

Yes, I agree with the article, but some of the relevant facts are missing that should be described in much better way.

According to me, Thailand sounds more well in the economic prospects and both the nations are led by monarchs so, both have many similarities.

III) Conclusions-

Economic Development theory suggests economic development is positively correlated to an increase in total exports, lower population growth, increased investment, increased manufacturing output, an authoritarian govenment for the short-term, multinational corporate investment, stable regulatory systems, policies to encourage foreign direct investment, and decreasing tariffs.

Economic development is negatively correlated to high population growth, poor education systems, poor health care systems, and low levels of foreign investment. Barriers that will limit foreign investment include high levels of corruption, poor infrastructure, high illiteracy, bureaucracies, and currency fluctuations.

In reviewing the factors that contribute toward economic development, the following are reasons/actions that may have helped Thailand become a more advanced developing country. Although both countries are monarchies, the King of Thailand provides influence and input to legislators, laws, and society.