Monday, May 13, 2019
International marketing environment Essay Example | Topics and Well Written Essays - 1000 words
International marketing environment - Essay ExampleThus, brasss piddle a highly influential role in promoting, restricting and regulating import and export of the goods. In a way, government interventions cause a tremendous impact on the firms marketing the goods internation in ally (Vorton, 2010).Further, governments role is crucial in formulating trade policies, negotiating trade agreements with other countries and preparing an environment that helps promote tetramerous trade among the countries. For example, the Office of the US Trade Representative, a body under the US government, is fully responsible for(p) to develop trade related policies with the other countries. The office works as the presidents spokesperson, chief trade advisor, and at last as a negotiator with trade organizations of the other countries. It is pertinent to none here that the US has entered into palliate trade agreements with a total of 19 countries. The North American Free Trade Agreements (NAFTA) w ith Mexico and Canada is considered one of the largest of all the free trade agreements to promote bilateral trade among the member countries (NAFTA, 2012).Economic factor is quite distinguished and critical as environmental uncontrollable while going for international marketing operations. Markets differ widely distributed significantly in their growth prospects, size and the current GDPs. Some of them are developed, while many are in the developing stages and therefore, they differ widely in terms of opportunities. Many of the countries or regions do not have adequate infrastructure to undertake a fast paced economic growth. Natural resources, minerals, water, energy, skilled custody are the key ingredients that are needed for the growth and industrial activities. Thus, marketers need to consider individual regions and economies carefully before launching any marketing operations (The Economic Environment, 2012).International marketing is influenced by the
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