Hello. Please answer each question in full detail and provide examples where nee
ID: 421852 • Letter: H
Question
Hello. Please answer each question in full detail and provide examples where needed. Thanks in advance 1. NAFTA has produced significant net benefits for the Canadian, Mexican, and U.S. economy. Please discuss 2. Please define the strategies listed below and provide an example(s) to illustrate each one: a. Localization Strategy b. Transnational Strategy c. International Strategy 3. You are the assistant to the CEO of a small textile firm that manufactures high-quality, premium-priced, stylish clothing. The CEO has decided to see what the opportunities are for exporting and has asked you for advice as to the steps the company should take. What advice would you give the CEO? 4. An electronics firm is considering how best to supply the world market for microprocessors used in consumer and industrial electronic products. A manufacturing plant costs approximately $500 million to construct and requires a highly skilled work force. The total value of the world market for this product over the next 10 years is estimated to be between $10 and $15 billion. The tariffs prevailing in this industry are currently low. Should the firm adopt a concentrated or decentralized manufacturing strategy? What kind of location(s) should the firm favor for its plant(s)?Explanation / Answer
as per policy only the first question will be answered
1. NAFTA is a trade body promoting free trade among the three countries - US, Mexico and Canada. It created the largest free trade area of 450 million people and combined GDP of $18.5 trillion. Following are the net benefits of nafta
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