Description
1. The seven individual kingdomsthe North (home to Winterfell), the Vale (home to The Eyrie), the Stormlands, the Reach, the Westerlands, the Iron Islands, and Dorneare negotiating a free-trade area (FTA). The countries are negotiating a common tariff of 15% for products entering the FTA. A sticking point in the negotiation is that the Westerlands wants to have the ability to lower tariffs on certain products coming into its country to 5%. Furthermore, Stormland wants the ability to raise the tariffs on certain products coming into its country to 25%. First, discuss the benefits of these seven countries entering a free-trade agreement. Second, discuss the potential issues regarding the different tariffs being requested by Westerland and Stormland.
2. Noriega Automotive Parts (NAP), owned by Marycruz, is one of the largest auto parts manufacturers in the USA. NAP plans to enter Brazil in the next year or two. There is not one large company in Brazil that dominates the market. Instead, there are several small and medium-sized companies; therefore, the competition is high. What method of market entry do you recommend for NAP? What are some of the issues that NAP will have to consider before entering Brazil? Explain your answer in detail.
Answer the questions in PARAGRAPH format. DO NOT write your answers in a bulleted format.
Your response to each question should be at least 225 words.
DO NOT restate the question in your response. DO NOT use a setup or filler words at the beginning of your answer.
The answers you provide are submitted to Turnitin (www.turnitin.com (Links to an external site.)); therefore, DO NOT copy and paste content from the Internet, periodicals, journals, publications, articles, or students papers. Answers that are not your own, will result in a ZERO (0).
