Evaluate the causes of a trade dispute and methods to resolve a trade dispute within the context of Malaysian industrial relations.
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Evaluate the causes of a trade dispute and methods to resolve a trade
dispute within the context of Malaysian industrial relations.
Step by step
Solved in 4 steps
- Explain , How are trade disputes resolved within the framework of international trade regulations?Describe General Agreement on Tariffs and Trade (GATT)?You have been exposed to the classical theories and Modern Theories of Trade.I. Discuss two (2) Classical Theories of Trade II. Discuss two (2) Modern Theories of Trade III. In your view which of these theories can be relied on today for successful international trade.
- Inter-industry exchange occurs when a nation exports one commodity and imports another. Though inter-industry trade is significant, intra-industry trade is also significant today. Define intra-industry trade and demonstrate its benefits using a commodity with two (2) trading countries.Explain the concept of a trade embargo and its effect on the country where the embargo has been placed. Use examples to justify your point.Outline and explain five (5) reasons for International Trade.Outline and explain the reasons for International Trade. Critically discuss the economic rationales for Governments to intervene in the international trade which would affect their country. Explain the concept of a trade embargo and its effect on the country where the embargo has been placed. Please provide examples to justify your points for each section.