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Marketing I

Marketing I. Mr. Gallucci Lesson 29. Obj : Categorize trade barriers in the US by researching trade barriers and documenting them as Tariffs, Quotas, or Embargoes, after a teacher-lead discussion on trade barriers. Gov’t Involvement in Int’l Trade.

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Marketing I

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  1. Marketing I Mr. Gallucci Lesson 29 Obj: Categorize trade barriers in the US by researching trade barriers and documenting them as Tariffs, Quotas, or Embargoes, after a teacher-lead discussion on trade barriers.

  2. Gov’t Involvement in Int’l Trade • Balance of Trade – A nations difference in value between exports and imports • Positive Balance – “Trade Surplus,” when exports > imports • Negative Balance – “Trade Deficit,” when imports > exports Obj: Categorize trade barriers in the US by researching trade barriers and documenting them as Tariffs, Quotas, or Embargoes, after a teacher-lead discussion on trade barriers.

  3. Gov’t Involvement in Int’l Trade • Tariff’s (duty) – tax on imports • Revenue-producing Tariff’s – used as a primary source of income before taxes were established • Protective Tariff’s – Increase the price of imported goods so that domestic products can compete with them. Obj: Categorize trade barriers in the US by researching trade barriers and documenting them as Tariffs, Quotas, or Embargoes, after a teacher-lead discussion on trade barriers.

  4. Gov’t Involvement in Int’l Trade • Quotas – Limits either the quantity or monetary value of a product that may be imported • Example – Automobiles Obj: Categorize trade barriers in the US by researching trade barriers and documenting them as Tariffs, Quotas, or Embargoes, after a teacher-lead discussion on trade barriers.

  5. Gov’t Involvement in Int’l Trade • Embargoes – A total ban on specific goods coming into and leaving the country • Can be used for political reasons (countries at war) • Food precautions Obj: Categorize trade barriers in the US by researching trade barriers and documenting them as Tariffs, Quotas, or Embargoes, after a teacher-lead discussion on trade barriers.

  6. Activity • Research 10 US Governmental Trade Barriers and categorize them as tariffs, quotas, or embargoes. You must have a minimum of 2 of each kind of barrier. Obj: Categorize trade barriers in the US by researching trade barriers and documenting them as Tariffs, Quotas, or Embargoes, after a teacher-lead discussion on trade barriers.

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