countries. I will do this with the help of a table. Within this table I will explain the purpose of
restricting or promoting international trading and how and why these methods are being used. I will
clarify my answers with the help of examples and reliable sources.
Methods of Purpose of Why is this How is this Examples.
promoting this method method method used
international useful?
trade
Free trade Free trade is This method is This method is For the example
there to make so useful used in a way we will use the
trading because it that if countries APTA again.
international effects more are a member The APTA is an
easier. This countries. It of a free trade free trade
makes it easier effects more organisation (for organisation
because there countries example the mainly focused
aren’t any tariffs because often APTA) they can on Asian pacific
and barriers more than 3 trade according trading. So
when trading. countries are a to the APTA it’s members of the
member of a legislations. APTA for
free trade example China
organisation. can trade freely
with India
because they
are part of the
APTA. This has
to be according
the APTA it’s
legislation of
course.
Foreign Direct FDI’s are there FDI’s are so An FDI is used An example of
Investments for foreign useful because in a way that an an FDI is when
(FDI) companies that this enables foreign Microsoft hired
are worth companies company Tiwneese
investing in. based overseas invests in computer
The purpose of to produce another programmers to
an FDI is there cheaper. This is company. This debug Micrsoft
to make because an is done it’s software.
overseas investment can because it helps (source)
companies pay for things to make the
grow through like machineries other company
investments of and other tools. for example
other more modern
companies
Name, Class, Student no, date , BTEC Nationals in Business, Unit 1 Business Resources 2015-2016
1