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Describe the content of the new trade barrier

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Reference no: EM132994912

News article: https://en.yna.co.kr/view/AEN20210727001500320Questions:

  1. Briefly describe the content of the new trade barrier/agreement, including the countries and industries involved.
  2. Discuss why the government has set up new trade barriers or signed new trade agreements. Can any trade theory explain the government's underlying motives?
  3. What are the characteristics of a company that adopts a global strategy? How do new trade barriers/agreements affect the company's decisions regarding entry mode, location of manufacturing bases, and new markets? Suggest how companies should deal with new trade barriers/agreements. You can use industry examples to illustrate your recommendations.

Use be in report format including a brief introduction and conclusion. The report should include proper citations and references.

Reference no: EM132994912

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