-
Opportunities
- increase demand
- technology
- cheap resources
- diversification
-
Forms
-
import
- tariff
- quota
-
export
-
balance of trade
- deficit
- surplus
- internet
-
direct foreign investment
- reduce transportation costs
- circumvent trade barriers
- government incentives
- reduce labour costs
- outsourcing
-
strategic alliance
- joint venture
- international licensing agreement
-
Barriers
-
reason
- protect producers
- protect customers
-
reduction
- GATT/WTO
- NAFTA
- EU
- Caricom
- Mercosur
-
disagreements
- environment
- labour
- bribes
- taxes
-
Risks
- culture
-
economic system
- capitalism
- socialism
- communism
- economic conditions
-
exchange rates
- fluctuations
- hedging
-
political
- corruption
- regulatory climate