CTQ #1

2. Where do merchandise exports come from, and where do they typically go? How and
why has this been changing over time, and do you think these trends are likely to
continue? Why or why not? Why might this information be valuable to marketing
analyst?
a. Merchandise exports come from various countries and continents to any
countries that are importing goods. Export and import have changed over time
because of the technological advancements and discoveries. Today’s world is
more connected than ever before, people all around the world can be connected
in real time, also it takes less than twenty-four hours to go around the world. It is
certain that the way countries export, and import will continue to grow and new
innovations and more advanced, and efficient ways to transport the goods will
help countries to export and import more. Also, this information is valuable to
marketing analyst because by exporting and importing, companies are selling
products in different countries, therefor the market size is considerably
increased. So, in order to maintain or gain competitive advantage over their
competition, businesses must analyze the customer behavior, their preferences,
and overall culture of the countries they are exporting so that they can pursue
new opportunities such as starting a new line of product or re-design of current
products to increase sale.

5. “Sending service jobs to low-cost nations, such as India, is good for America.” What
are the arguments in support of such assertion? Under what circumstances might such
an assertion be viewed as false?
a. Such assertion can be good thing because by outsourcing service jobs like call
centers to low-cost labor countries such as India can help companies to cut costs
because labor force is valued high in America. Also, by outsourcing, U.S can focus
more on their comparative advantages such as innovation, developing software,
and machinery to increase efficiency while the “low-cost” countries can benefit
employment and over-all better living condition. However, if the U.S
unemployment is at a high-rate, and the economy isn’t doing well, it is better to
support the domestic employment and increase the money in circulation and
restrict capital movement in order to better the economy.