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Strategies in International Trade

Journal: International Journal of Science and Research (IJSR) (Vol.9, No. 10)

Publication Date:

Authors : ;

Page : 1451-1463

Keywords : Trade Strategy; Market; Covid 19 Iindustrialization Strategy ?mport; Export;

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Abstract

Every trade company has strategies. Strategies changing according to the conditions of the age are affected by the internal dynamics and external dynamics of companies. Before Covid 19, the first priority of trade companies was innovation, following technological innovations, bringing the highest quality product to the market, while after Covid 19, ensuring the continuity of technological infrastructure in the field of health, education, helping developing countries to eliminate technological inequality was to prevent social inequality. Strategy is a roadmap that determines the path of the company. The strategy determined in accordance with the vision is influenced by economic and social political factors. After the Second World War, there were various political and economic reasons for choosing import substitution when developing countries aimed at industrialization strategy. In 1950, countries tried to survive by exporting export or die became a national slogan. Economic growth in Japan defined a strategy of the government. This essay is dealing about international trade strategies in World. Industrialization and trade strategies were generally applied together and turned into a mixed strategy. Introductory (Import Substitution), Industrial Development Strategies. International trade companies continue to struggle for existence to get rid of the destructive traces of globalization by following certain strategies in the competitive environment. For this reason, it is important to know trade strategies by traders. In the research, it is tried to contribute to the understanding of today's economy by including what trade strategies are, what strategies are determined by developed countries such as America, Japan, and what they have determined. As a result of research though tensions have risen between China and the United States in the South China Sea and the potential for war on the Korean Peninsula casts a long shadow over the region, force is not the Chinese government's first choice to deal with these problems one of the core objectives of the China-Russia strategic partnership of coordination is to develop a new post-Cold War international order that contributes to peace and development. Trade improves labor productivity and boosts economic growth. Economic openness helps the United States indirectly advance a number of foreign policy goals: democratization, human rights, the rule of law, and global development. At the same time, freer trade is blamed for job losses, rising inequality, and career insecurity among working-class Americans. The current U. S. trade strategy for regionalism, called ?competitive liberalization, ? treats regionalism and multilateralism as complementary and mutually reinforcing approaches to trade reform.

Last modified: 2021-06-28 17:13:38