International Trade
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How much has the growth in international trade impacted your company, or industry?
I work for a Café/restaurant business and I had no idea how international trade impacted my company. I need some assistance on how to answer this question. (at least 300 words).
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The solution discusses how international trade can impact any company.
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The severe gas price increases of 2008 (January through September) impacted all business. The oil purchased is considered international trade, as the product is mainly purchased from oil countries. The oil countries dictate the prices on consumer demand.
In January of 2007, the average gas price was $2.25 per gallon. Knowing this, businesses are able to set budgets to purchase items for their company. In this case a café/restaurant. In the restaurant deliveries are made. The deliveries are ...
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