Bangladesh & International Trade

Latin America at this time had very little manufactured exports, mainly electing to important finished goods from the United States or Europe. Their most popular exports were coffee and bananas. They did, however, have an ever-growing amount of exports in the form of raw materials. These materials included cotton, copper, guano, and petroleum. Each Latin American

Bangladesh are not nearly as strong, and their economic strengths pale in comparison to Australia’s. Australia are blessed in regards to resources and they are geographically close to one of the largest growing regions of the world, Asia. Australia’s economy is also incredibly resilient, Australia being one of only three countries not to record a period of economic contraction since data begun being recorded in 1991. The only real economic strength of Bangladesh, on the other hand, is that countries like China, Japan and Australia are beginning to outsource labor to Bangladesh, and this gives work to Bangladeshi citizens and brings money into the

When studying trade and commodities of Empires in any period of time, it is important to look at the changes that the trade created within the involved nations. What crops were popular enough to grow commercially in the empire, what the increase of trade did to the population demographics, and how the global system influenced the interactions of the countries involved can be found through close reading primary sources. Through sources like Trade and Travel in the Far East by G.F. Davidson and Tearful Conversation over the Mulberry Fields and the Sea by Nguyen Thuong Hien, scholars can determine the impact these factors had on the lives of those who experienced empirical trade. In comparing these two documents, the most prominent focus is on

imports and exports foreign and domestic goods every day. As I have stated before this is

Major imports include petroleum, coal, apparel, and gas. Major exports include automobiles, electronics, plastic, iron, and steel.

* Products that are commonly exported from the United States are things such as medicines, aircrafts, and cars. These are products are also important to humanity of different countries.

Rolls Royce, established in 1906, is now a globally recognised company. Although originally they focused on car manufacture they are now one of the leaders in power and propulsion technology. Rolls Royce’s technology is very efficient and their manufactured products are used in many sectors such as aerospace, marine, energy and nuclear energy. Investment in research is key to their success; they are innovative, creating new and improved systems to help achieve a strengthened market position. The jet engine has been improved constantly since it was developed in the early 1930s and Rolls-Royce’s new Trent XWB EP civil aircraft engine offers a fuel consumption improvement of 1% compared with other manufactures, making it the most efficient technology currently in the world. Rolls-Royce are a state-of-the-art company who continue to innovate and produce new products and services that benefit society. The Rolls Royce brand is key, without it they would not be able to make the sales and revenue they make. Its brand provides a symbol of quality and a good reputation. This reputation helps build customer relations and trust for the company. The brand also creates a strong attraction to engineers, which they offer many apprenticeships to enhance their skills base. There are currently over 50,000 employees working for Rolls Royce. It is one of the top

· What happens when there is a surplus of imports brought into the U.S.? Cite a specific example of a product with an import surplus, and the impact that has on the U.S. businesses and consumers involved. When there is a surplus of imports brought into the U.S. it means that the price of the product(s) will drop. U.S. companies that are competing with the Chinese made products will suffer from price drops of the goods. With consumers it will benefits the consumer with the lower price on goods. Large screen LCD/HDTV is a good example. Since the recession there has been a surplus of large screen HDTV. Not many people can afford or buy them since the prices were high. Now large screen LCD/HDTV is much cheaper than what it was 4 years ago.

Provide a timeline of major exports (what the nation used to heavily produce, what they are known for producing now, future trends) (Julie)

What is are EXPORT AND IMPORT trades for this country (or a number of trades)?

America is one of the world’s superpowers. Its citizens enjoy a fairly high standard of living, and it’s melting pot for people from every corner of the globe. On the other hand, Bangladesh is a poor, densely populated country with an ethnically homogenous population. I’m lucky to say that I’ve experienced the best of both worlds, having spent the first five years of my childhood in Bangladesh, and the remainder in America. I’ve experienced the traditional way of life in Bangladesh, the ceremonies, rituals, and familial bond. But I’ve also witnessed the sexism, prejudice and corruption plaguing the country. America seems to be the opposite, but I better understand its strengths and flaws due to my time in Bangladesh.

Bangladesh has been fortunate to share in the unintended consequences from an explosion in international trade and multi-national agreements on trade, most notably the Multi- Fibre Agreement (MFA) signed in 1973.

1. Shipping and airfreight services and determine the most appropriate transport method and route and protection/security options

Bangladesh is a south Asian country and has an approximate population reaching 164 million. The manufacturing industry is what Bangladesh is known for. That industry also accounted for almost 12% of GDP in 2009 and 2010 with employing over four million people (The Bangladesh Accord Foundation, 2014). The labor force is made up of young, urbanizing, mainly women. Bangladesh accounts for approximately 78% total exports (The Bangladesh Accord Foundation, 2014), which is second to China.

Malaysia’s Exports since 2000 till present. Its exports greatly decreased after the 2008 Financial Crises before rebounding.