International trade using electronic document transmissions

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Reference no: EM132308520

1. What do you believe are the advantages of conducting international trade using electronic document transmissions, such as EDI, Bolero or Trade Card? Are there any obvious disadvantages?

2. You are the prime minister of a new African nation that is oil rich. Your currency is the Zambia (made up name). Would you choose to let your currency float, be pegged or do something else? Provide reasons for doing so.

3. You are a small company in the auto industry that is trying to get more business with Korean automakers in South Korea. You win a contract and will be shipping transmission components to Hyundai in South Korea on a regular basis. Obviously, you need to stay competitive and provide quality parts. What marine insurance should you choose and why?

Reference no: EM132308520

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