Global Business Environment
Background
China is now the world’s largest exporter of industrial goods followed by the United States. To many commenters Chinese producers are in direct competition with businesses in the US. But are they? One way of trying to answer this question is to analyze the product composition of exports from China and compare it with the product composition of exports from the United States.
And the table below shows the value of exports of Manufactures and sub-items of Machinery and transport equipment of both China and United States in 2012.
Read the table below and answer the two questions with illustrations in red.
China United States
List Export
(Billion dollars) Ratio Export
(Billion dollars) Ratio
Manufactures 1924.93 1008.04
Office and telecom equipment
539.79
28.04% 140.45
13.93%
EDP and office equipment
227.99
11.84% 50.94
5.05%
Telecommunications equipment
229.47
11.92% 47.96
4.76%
Integrated circuits
82.34
4.28% 41.55
4.12%
Transport equipment
118.50
6.16% 166.04
16.47%
Automotive products
43.11
2.24% 131.98
13.93%
Other transport equipment
75.39
3.92% 34.06
3.38%
Other machinery
306.99
15.95% 225.52
22.37%
Power generating machinery
25.01
1.30% 25.09
2.49%
Non-electrical machinery
127.87
6.64% 137.60
13.65%
Electrical machinery
154.11
8.00% 62.82
6..23%
? Office and telecom equipment, Transport equipment and Other machinery are sub-items of Machinery and transport equipment which is also a sub-item of Manufacture.
? EDP and office equipment, Telecommunications equipment and Integrated circuits are sub-items of Office and telecom equipment; Automotive products and Other transport equipment are sub-items of Transport equipment; Power generating machinery, Non-electrical machinery and Electrical machinery are sub-items of Other machinery
? The Ratio represents the export of each item account for the percentage of total export of Manufacture.
? The unit of the value of export is billion dollars.
Questions:
(a) what if any are the major differences between the product composition of exports China and US (about 150 words)
Answering this question, you should focus on the comparison of the ratios of each main items as well as its sub-item between China and United States. Tell whether there is any similarity and them mainly shows the difference between the product compositions of exports.
(b) By reading some articles can you say why these differences might exist? (about 3000 words )
Answering this question, you should read related articles, news and references to explain the main differences existing in the product composition of exports in China and United States. You can focus on some items with significant difference.
To explain the differences, first you can slightly tell about the development of globalization (eg. Changes in all types of Tariff barriers and non-tariff barriers). Then, you should put more effect in discussing the differences in the industry of these items which have huge difference between China and United States. For example, you can explain are the exporting goods of these items the same between the two countries. If not the same, what are the differences; if the same thing, like their exporting goods are all similar cars, then tell about the differences in manufacturing circumstance like labor, technologic equipment, supply chain and other resources. Show their differences to support your points of explanation.
( Notes of this course is updated followed, you can find related resources in it).
PLACE THIS ORDER OR A SIMILAR ORDER WITH US TODAY AND GET AN AMAZING DISCOUNT ?
Our Service Charter
-
Excellent Quality / 100% Plagiarism-Free
We employ a number of measures to ensure top quality essays. The papers go through a system of quality control prior to delivery. We run plagiarism checks on each paper to ensure that they will be 100% plagiarism-free. So, only clean copies hit customers’ emails. We also never resell the papers completed by our writers. So, once it is checked using a plagiarism checker, the paper will be unique. Speaking of the academic writing standards, we will stick to the assignment brief given by the customer and assign the perfect writer. By saying “the perfect writer” we mean the one having an academic degree in the customer’s study field and positive feedback from other customers. -
Free Revisions
We keep the quality bar of all papers high. But in case you need some extra brilliance to the paper, here’s what to do. First of all, you can choose a top writer. It means that we will assign an expert with a degree in your subject. And secondly, you can rely on our editing services. Our editors will revise your papers, checking whether or not they comply with high standards of academic writing. In addition, editing entails adjusting content if it’s off the topic, adding more sources, refining the language style, and making sure the referencing style is followed. -
Confidentiality / 100% No Disclosure
We make sure that clients’ personal data remains confidential and is not exploited for any purposes beyond those related to our services. We only ask you to provide us with the information that is required to produce the paper according to your writing needs. Please note that the payment info is protected as well. Feel free to refer to the support team for more information about our payment methods. The fact that you used our service is kept secret due to the advanced security standards. So, you can be sure that no one will find out that you got a paper from our writing service. -
Money Back Guarantee
If the writer doesn’t address all the questions on your assignment brief or the delivered paper appears to be off the topic, you can ask for a refund. Or, if it is applicable, you can opt in for free revision within 14-30 days, depending on your paper’s length. The revision or refund request should be sent within 14 days after delivery. The customer gets 100% money-back in case they haven't downloaded the paper. All approved refunds will be returned to the customer’s credit card or Bonus Balance in a form of store credit. Take a note that we will send an extra compensation if the customers goes with a store credit. -
24/7 Customer Support
We have a support team working 24/7 ready to give your issue concerning the order their immediate attention. If you have any questions about the ordering process, communication with the writer, payment options, feel free to join live chat. Be sure to get a fast response. They can also give you the exact price quote, taking into account the timing, desired academic level of the paper, and the number of pages.