BUS 151 Lecture Notes - Lecture 7: European Emission Standards, Williams International
9 May 2020
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Currencies that are paid: fixed rate to the dollar. If the currency moves against your currency, your currency will be less/depreciate. If the currency appreciates with your currency, your currency will be more/appreciate/beneficial. It costs us to buy 2 dm rather than 2. 5 dm. Not illegal: black/parallel market is illegal. Price to market not price/cost of product. Enough of a disparity and change in exchange rate that disrupts company"s. A grey market is the differences in national prices are large enough to move the exchange. duties, tariffs, or customization from distributor to the other (personal): see this in car manufacturing (germany/us, medical inventory. Avoid diversion: pay for shipment coming back. The triad consists of about 73% of global income. Triad consists of 13% of world population. Very modern (some cities more modern than us cities) Entrepot = between/small trading city/ financial centers. Ireland = celtic tiger : hong kong, singapore. Ethnocentric (*do not think your home culture is better)
