global marketing final essays
A marketer must hence not only choose carefully from the various advertising venues available today, but must also carefully factor all the cultural differences of various regions around the world prior to launching a global marketing campaign. Question #3: Carefully explain the differences between tariffs, quotas, and non-tariff barriers. In today’s global economy governments around the world frequently utilize different actions and measures to discourage imports and block market access. A few of these measured used include tariffs, quotas, and non-tariff barriers. Although each of the mentioned measures essentially seeks to limit the inward flow of goods into any particular country, each measure does differ slightly from one another. Tariffs can essentially be thought of as the “three R’s” of global business: rules, regulations of individual countries, and rate schedules or duties. A tariff may also be referred to as a duty imposed on goods when they are moved across a political boundary. Tariffs are also generally monetary in nature. For political reasons tariffs are usually imposed on imported goods, although they may be forced on exported goods as well. The five main types of tariffs include revenue, ad valorem, specific, prohibitive and protective.