Put in your group ID GROUPI

D:_
_
I
NTERNATIONAL
TRADE
FRAMEWORK

I
BM554

PRODUCT
Tr
adi
ti
onalHandi
craf
ts
(Ar
meni
a)

PREPAREDBY:

Rol
andBer iakAnakSemana 2020739495
VanessaMasAnakEdwi n 2020755211
NurdianaNabil
ahBtSari
ff
udi
n 2018440616
NataniaSyafi
qurRahma 2021328097

PREPAREDFOR:
MADAM NURULSALI
ZAWATEEBI
NTIMAHPAR

SUBMI
SSI
ONDATE:
7thMay2021
1
 GROUPI
D:_
_
TABLEOFCONTENT

Tt
it
le Page

1.
0Int
roduct
ion 3

1.
1Count
ry 4

1.
2Pr
oduct 5

1.
3Expor
tMar
ketAnl
ysi
s

1.
3.1Pol
it
icalAnal
ysi
s 6-
7

1.
3.2Economi
cAnal
ysi
s 7

1.
3.3Soci
oCul
tur
alAnal
ysi
s 8-
10

1.
3.4Compet
it
ionAnal
ysi
s 11

1.
4Tr
adeRegul
ati
n 12-̀13

1.
5Concl
usi
on `
14

1.
6Ref
rences 15-
16

1.
7Appendi
ces 17

2
 Get rid of is header on content page GROUPI
D:_
_
1.
0INTRODUCTI
ON Please re-loo a t your statement.
I
nthi
sint
roduct
ionwewi
l
lexpl
aint
heaspect
soft
hest
atebusi
nesswewi
l
lchoose.The
pur
poseofdoi
ngt
hissect
ioni
sforust
olear
n,anal
yzeandal
soanal
yzei
nter
nat
ionalt
rade
i
saf
orm ofi
nter
nat
ionalcooper
ati
onwi
thanycount
ry,
whi
l
eex
por
tsandi
mpor
tsar
ethi
ngs
t
hatmustbedonet
ocont
inuet
obeabl
etosuppl
yfi
nanceandneedsi
nacount
ry.Ourgr
oup
has sel
ect
ed t
he Ar
meni
an count
ri
es we wi
l
lanal
yze,and expor
ted pr
oduct
s wi
l
lbe
t
radi
ti
onalhandcr
aftnamel
yvases.I
nthi
scase,wewi
l
lanal
yzebasedont
hemai
naspect
s
ofbusi
ness,
namel
yPESC(
pol
i
tical
,economi
c,soci
o-cul
tur
alandcompet
it
ion)
.

Part 2 I
tist
hisanal
ysi
sthatwi
l
lpr
ovi
debasi
cinf
ormat
ion on how t
heexpor
tpr
ocessand
document
ati
onwor
ksi
nAr
meni
a.Fort
hef
ir
staspect
,pol
i
ticalanal
ysi
s,wef
ocusonhow
pol
i
ticali
ssuesaf
fectt
heexpor
tpr
ocessi
nAr
meni
a.Then,t
urnt
oeconomi
canal
ysi
s.We
wi
l
llook att
he economi
c sy
stem,Gr
oss Domest
ic Pr
oduct(
GDP)and t
he Ar
meni
an
exchanger
ate.I
naddi
ti
on,
int
hesoci
o-cul
tur
alanal
ysi
s,wewi
l
lanal
yzet
hei
rcul
tur
e,r
eli
gion
andsoci
alst
ruct
ure.Fi
nal
l
y,ont
hecompet
it
ionaspect
,wedet
ailhowbusi
nesscompet
it
ion
i
staki
ngpl
acei
nAr
meni
a.

Some part of your introduction doesn't sounds c rect and contain structural & grammatical
err s. Please make necessary c rection.
Should highlight what you expect to discover from doing is part and describe why it is
imp tant?

3
 GROUPI
D:_
_
1.
1Count
ry

Every pictures, figures,

tables, graphs, etc. must
be label acc dingly &
Label Thef
lagOfTheAr
meni
anRepubl
i
c continuously.
I
nAr
meni
an,
thecount
rywascal
l
edHay
q,andl
aterHay
ast
an,
whi
chmeansl
andoft
heHai
k
peopl
e,t
headdi
ti
onoft
het
erm makest
henameHai
kpar
toft
hepr
efi
x'-
stan'whi
chi
n
Per
sianmeansl
and.Accor
dingt
olegend,t
heHai
kar
edescendedf
rom t
hepr
ophetNoah
whowast
heancest
orofal
lAr
meni
ans(
accor
dingt
oanci
entAr
meni
ant
radi
ti
on)
.

Hai
kset
tl
edatt
hef
ootofMountAr
arat
,andl
eftAr
meni
atohel
pbui
l
dtheTowerofBabel
,
whenher
etur
ned,
hewasdef
eat
edbyBel
,aBaby
loni
anki
ng(
somer
esear
cher
sthi
nkt
hathe
wasdef
eat
edbyNi
mrodon11August2492BCnearLakeVan,sout
hofanci
entAr
meni
a.
Hay
qist
henamegi
vent
oAr
meni
abyt
heot
hercount
ri
est
hatsur
roundi
t.Thi
snamei
s
t
aken f
rom t
hest
rongestt
ri
bewho l
i
ved i
nthel
and ofanci
entAr
meni
a,and named
t
hemsel
ves "
Armens.
"Tr
adi
ti
onal
l
ythi
s name i
s der
ived f
rom Ar
menak orAr
amai
c
(
descendant
s).Hai
k).Accor
dingt
oresear
chconduct
edf
rom t
heJewi
shandChr
ist
iansi
de
t
hename'
Armeni
a'i
stakenf
rom Har
-Mi
nniwhi
chmeansMountMi
nni(
orMannai
).The
expl
anat
iont
akenf
rom t
hepr
e-Chr
ist
ianer
aassumest
hatNai
ri
,whi
chmeansl
andf
lowed
byr
iver
s-r
iver
,ist
heanci
entnamegi
vent
othemount
ainousr
egi
oni
nthecount
ryandt
his
namewasusedbyt
heAssy
riansar
ound1200BC;butt
heBehi
stuni
nscr
ipt
ionwhi
chi
sin
I
ranandi
srepor
tedt
obef
rom 521BCi
srecor
dedaswr
it
ingAr
meni
a.

Wi
thav
eryst
rat
egi
clocat
ioni
nthecount
ry,whi
chi
sbet
weent
hecont
inentofEur
opeand
t
hecont
inentofAsi
a,i
tmakesi
teasi
ert
oexpor
tgoods.Ar
meni
aisal
sooneoft
hecount
ri
es
t
hatj
oinedt
heUN,
thi
siswhycooper
ati
oni
nint
ernat
ional
tradecancont
inue.Thecount
ryof
Ar
meni
aal
so hasa par
tofi
tspopul
ati
on ofpr
oduct
iveage,wi
thal
argenumberof
pr
oduct
iveages,i
tcani
ncr
easet
hecount
ry'
sincomebecauseofi
tswor
kandcr
eat
ivi
ty,so
i
nthi
scount
ryi
tcar
ri
esouthandcr
aftex
por
tact
ivi
ti
es,
namel
yvases.

4
 GROUPI
D:_
_
1.
2Pr
oduct

Thepr
oductt
hatwi
l
lbeexpor
tedt
oAr
meni
aisav
ari
etydesi
gnofv
asewhi
chi
saMal
ay
t
radi
ti
onalcr
aft
.Thev
asesusecl
ayast
hei
rmai
nmat
eri
al.Gener
all
y,t
radi
ti
onalv
asear
e
scul
ptedbyapai
rofex
per
thand,whi
chl
aterwi
l
lbeai
rdr
yandl
ast
lywi
l
lbeheat
edi
na
speci
alov
enf
ort
hehar
deni
ngpur
pose.Thev
asecomeswi
thv
ari
etyofsi
ze,shapeand
mot
ivesdependi
ngont
hei
rpur
posesuchasf
orwat
erst
orage,cooki
ng,pl
ant
ingandal
so
f
ordecor
ati
on.

Desi
gn1 Desi
gn2 Desi
gn3
I
mage

Pr
ice(
RM) RM 50 RM 90 RM 140
Wei
ght 0.
5kg 1kg 2.
5kg
Mat
eri
al Cl
ay Cl
ay Cl
ay
Di
mensi
ons (
hei
ght
, 1f
eet,
5inch 1.
25f
eet,
7inch 1.
5feet,
9inch
di
amet
er)

5
 GROUPI
D:_
_
1.
3 Expor
tMar
ketAnal
ysi
s
Should iefly describe define what is market analysis? Why you n d to do is market
analysis at e first place bef e exp ting?
1.
3.1Pol
it
icalAnal
ysi
s
I
. Pol
i
ticalSy
stem

Ar
meni
aisademocr
ati
c,sov
erei
gn,andsoci
alst
atet
hatoper
atesundert
her
uleofl
aw.I
n
t
heexecut
ivebr
anch,t
hegov
ernmentwi
eldssupr
emepower
.Gov
ernment
'
sfunct
ioni
sto
est
abl
i
shandi
mpl
ementst
atepol
i
ciesaswel
lasov
erseet
hest
ateadmi
nist
rat
ionsy
stem
asawhol
e.Al
lmat
ter
srel
ati
ngt
otheexecut
ivepower
,aswel
lasev
ery
thi
ngnotundert
he
j
uri
sdi
cti
on,ar
egov
ernedbyt
heconst
it
uti
on.Asof2019,t
hei
rgov
ernmenthasbeenl
edby
Pr
ime Mi
nist
erNi
kolPashi
nyan.The Pr
esi
dentappoi
ntst
he Pr
ime Mi
nist
eraf
tert
he
Pr
esi
dentwi
nsapar
li
ament
arymaj
ori
ty.ThePr
imeMi
nist
er'
sjobi
stosett
hekeypol
i
cy
di
rect
ionsf
ort
hegov
ernment
,super
viseoper
ati
ons,andcoor
dinat
ether
esponsi
bil
i
tiesof
t
hemember
soft
hegov
ernment
.ThePr
esi
dentoft
heRepubl
i
cisi
nchar
geoft
hest
ate.
Ar
menSar
gsy
ancur
rent
lyser
vesasAr
meni
a'
spr
esi
dent
.Ev
ery7y
ear
s,anewpr
esi
denti
s
el
ect
ed.ThePr
esi
dentmustbehav
einaccor
dancewi
tht
heConst
it
uti
onwhenex
erci
singhi
s
power
s.ThePr
esi
dentmustmai
ntai
napol
i
ticalneut
ral
i
ty,
andt
heSt
atemustacti
nhi
sbest
i
nter
est
s.TheNat
ionalAssembl
y,whi
chhasl
egi
slat
iveaut
hor
it
y,r
epr
esent
sAr
meni
a'
s
ci
ti
zens.TheNat
ionalAssembl
y'
sresponsi
bil
i
tiesi
ncl
udesuper
visi
ngt
heexecut
ivebr
anch,
i
mpl
ement
ingt
heSt
ateBudget
,andcar
ryi
ngoutot
herr
esponsi
bil
i
tiest
hatt
heConst
it
uti
on
assi
gnst
othem.Should relate/justify why knowing about political system of a country is
imp tant. How could type of political system would likely to affect your
exp t business.
I
I. LegalSy
stem

Ar
meni
a'
slegalst
ruct
urei
sfoundedont
heAr
meni
anConst
it
uti
on,
legi
slat
ionpassedbyt
he
Nat
ionalAssembl
y,pr
esi
dent
ialdecr
ees,gov
ernmentor
der
s,andl
egalpr
onouncement
sby
ot
herst
ate agenci
es and l
ocalmuni
cipalaut
hor
it
ies.I
nter
nat
ionalt
reat
ies si
gned by
Ar
meni
afor
m ani
ntegr
alpar
toft
heRepubl
i
c'sl
egalst
ruct
ure,super
sedi
ngAr
meni
anl
aws
andr
egul
ati
ons.TheRepubl
i
c'sConst
it
uti
onhassupr
emel
egalaut
hor
it
yandenshr
inest
he
pr
inci
pleofdi
vi
sionofpower
sint
hel
egi
sl
ati
ve,ex
ecut
ive,andj
udi
ci
albr
anches.Lawsand
ot
herci
vi
lact
ionst
hatar
econsi
der
edt
obei
nvi
olat
ionoft
heConst
it
uti
onhav
enol
egal
st
andi
ng.Ar
meni
aisanat
iongov
ernedbyci
vi
llaw.Ar
meni
a'
sgov
ernmenthasst
atedt
hati
t
woul
dfol
l
ow mor
ebusi
ness-
fr
iendl
ypol
i
cies.Ar
meni
ahasi
mpl
ement
edsi
gni
fi
cantl
egal
changesi
nrecenty
ear
s,st
rengt
heni
ngt
heenabl
i
ngcl
i
mat
einal
lsect
orsoft
heeconomy
.
Lack in justifying why at indicat is relevant/s ms to be opp tunity to you.
 
Political & legal system f example, you n d to identify whe er e country's system is e
same not wi Malaysia. Justify e advantage/disadvantage of having e same/different
political & legal system when doing exp t in is country.
 
Justify/relate must be done f a indicat s. 6
 GROUPI
D:_
_
I
II
. Pol
i
ticalSt
abi
l
ity

Accor
ding t
othe Wor
ld Bank'
sli
stofdev
elopmenti
ndi
cat
orscol
l
ect
ed f
rom of
fi
ci
all
y
r
ecogni
sedsour
ces,Pol
i
ticalSt
abi
l
ityandAbsenceofVi
olence/
Ter
ror
ism:Per
cent
il
eRank,
LowerBoundof90Per
centConf
idenceI
nter
vali
nAr
meni
awasr
egi
ster
edat15.
71per
cent
n2019. Justify
i e imp tance of knowing e political stability of a country bef e
exp ting your good to at country. How would is inf mation benefits you in
doing exp t activity ere?

1.
3.2Economi
cAnal
ysi
s
I
. Gr
ossDomest
icPr
oduct

Gr
ossDomest
icPr
oducti
stheaccumul
ated v
alueofpr
oductand ser
vicest
hatbei
ng
pr
oducedbyaspeci
fi
ccount
ryi
nay
ear
lybasi
s.Accor
dingt
oof
fi
cialWor
ldBankdat
a,
Ar
meni
a'
sGDPwi
l
lbe$12.
81bi
l
li
oni
n2020.Ar
meni
a'
sGDPaccount
sfor0.
01per
centof
t
hewor
ld'
stot
al.Ar
meni
arepor
ted13.
67bi
l
li
ondol
l
arst
hepr
evi
ousy
ear
,impl
yi
ngt
hat
Ar
meni
anpr
oduct
ivi
tyi
slowert
hant
hepr
evi
ousy
ear
.TheGDPpercapi
tast
andsat$4,
315
USD.Thi
smeanst
hateachAr
meni
ancont
ri
but
esanav
erageof$4,
315USDt
othecount
ry'
s
GDP.Ar
meni
a'
sgr
ossdomest
icpr
oducti
ncr
easedby7.
5per
centt
o$11.
6bi
l
li
oni
n2017,
the
bi
ggestannuali
ncr
easei
nadecadef
oll
owi
ngnear
-zer
ogr
owt
hin2016.Accor
dingt
othe
Wor
ldBankcount
rysnapshot
,gr
owt
hwasboost
edbyasi
gni
fi
cantt
urnar
oundi
ndomest
ic
demandandar
ecov
eryi
ntheext
ernalcl
i
mat
e.Hi
gheri
ncomesandar
ecov
eryi
nov
erseas
r
emi
tt
ancesboost
edconsumpt
ion,whi
chwasai
dedbyamodestr
ecov
eryi
nRussi
aanda
f
ir
mingoff
orei
gnmet
alpr
ices.
Lack in justify why at indicat is relevant/s ms to be opp tunity to you.
F example, what does GDP means? Why inf mation about GDP is imp tant to consider
when exp ting a oad? What was e trend? Increasing decreasing? And what does e
trend mean to ose who wanted to exp t to is country?
I
I. Gr
ossNat
ionalI
ncome

Gr
ossNat
ionalI
ncomei
saccumul
atedv
alueofdomest
icandf
orei
gni
ncomet
hatear
nedby
apeopl
einar
espect
ivecount
ry.Ar
meni
aear
ned14.
16bi
l
li
ondol
l
arsi
n2019.Ar
meni
a'
s
GNPi
ncr
easedi
n2019compar
edt
o2018,
wheni
twas$12.
9bi
l
li
onUSD.
Same goes to GNI, what does is inf mation te s you? How can you benefits from e
GNI inf mation of is country? How youe exp tation would likely to be affected?

I
II
. Unempl
oymentRat
e

Unempl
oymentr
atei
saccumul
atedv
alueofunempl
oyeddi
vi
dedbyt
hev
aluei
ntheci
vi
li
an
l
abor f
orce. Ar
meni
a'
s unempl
oyment r
ate was 22.
3 per
cent i
n 2020. Ar
meni
a'
s
unempl
oymentr
atest
eadi
l
ydecr
easedf
rom 38.
4per
centi
n2001t
o22.
3per
centi
n2020
Highlight e effects of is decreased trend towards your exp t activity in e country?
Wi it benefits your exp t business, wi it not?
Lower unemployment rates shows at people would increasingly getting m e jobs, markets
k p on offer jobs, hence people have income and increases eir buying power. 7
 GROUPI
D:_
_
1.
3.3Soci
o–Cul
tur
alAnal
ysi
s

Soci
o– Cul
tur
alAnal
ysi
sofAr
meni
a.Ar
meni
a count
ryofTr
anscaucasi
a,f
ront
ingt
he
nor
thwest
ernext
remi
tyofAsi
a.Thenor
thandeastAr
meni
aisboundedbyGeor
giaand
Azer
bai
j
an,
andt
henei
ghbour
sfr
om t
hesout
heastar
eIr
anandTur
key
.Ort
heot
herwor
dwe
cansayi
tbei
ngsur
roundedbyAr
abi
cCount
ry.Thecapi
talci
tyofAr
meni
aisYer
evan.Wi
th
henumberofpopul
t ati
on3.
1mi
l
li
on,t
hear
eaoft
hecount
rywas29,
800km squar
e.And
70%oft
hel
andwast
hef
arml
and.Ar
meni
aal
sooneoft
hewor
ldol
destcent
reofci
vi
li
zat
ion.
Themaj
orr
eli
gion ofAr
meni
aisChr
ist
iani
tyand t
he mai
nlanguagebei
ng used was
Ar
meni
an,
Russi
an.Thecur
rencyf
ort
hecount
rywasbei
ngcal
l
edAr
meni
anDr
am exampl
eI
cangi
v .Themai
e(1EUR–563AMD) nexpor
toft
hecount
ryi
s,Di
amond,machi
ner
y,
f
oodst
uff
s.Fort
heagr
icul
tur
alpr
oduct
iononl
y25% ofAr
meni
a’
sGDP.

1.
0MapofAr
meni
a

Et
hni
cGr
oups

Peopl
eort
heet
hni
cgr
oupsofAr
meni
ansnear
lyal
loft
hecount
ry’
spopul
ati
on,maj
ori
ty
speaki
ngl
anguageusi
ngAr
meni
anLanguage,br
anchoft
heI
ndo-
Eur
opeanl
anguagef
ami
l
y.
Ther
emai
nderoft
hepopul
ati
onl
i
keKur
ds,
Russi
anandsmal
lofUkar
aini
ans,
Assy
riansand
ot
her
s.Fr
om t
hewebwer
esear
ch98% ofi
twasAr
meni
an,1.
2% Yezedand0.
7% ot
her
s.
Fr
om t
hel
atestdat
athatwegett
hecur
rentpopul
ati
onofAr
meni
ani
n2021i
s2,
968,
127i
t
i
sa0.
16%i
ncr
easef
rom t
hel
asty .(macr
ear otr
ends.
net,
2021)

8
 GROUPI
D:_
_
Rel
i
gion

Maj
ori
tyofAr
meni
apeopl
ewasconv
ert
edt
oChr
ist
iani
ty.andbecomi
ngt
hef
ir
stki
ngdom t
o
adoptr
eli
gionaf
tert
heAr
saci
dKi
ngTi
ri
dat
esI
II
.Ther
efor
emanyar
emai
ntai
nedananci
ent
andr
ichl
i
tur
gicalandChr
ist
ianst
radi
ti
on.Thei
rbel
i
evi
ngt
odayt
hatAr
meni
ansbel
ongt
o
Ar
meni
anApost
oli
cChur
chort
hecat
hol
i
cchur
cht
hatcommuni
cat
ewi
thRome.

Popul
ati
ons

Thepopul
ati
ondensi
tywast
hehi
ghesti
ntheAr
aratPl
ain,
whi
chi
sthecent
reofAr
meni
an’
s
economyandcul
t e.Ther
ur iverv
all
eysar
ethenex
tmostdensel
ypopul
atedar
eas.Hal
fof
t
hepopul
ati
onconcer
tedi
nthezonebei kedbyupperel
ngmar evat
ion,whi
chmakesonl
y
about1/
10oft
heent
ir
eter
ri
tor
y.Ther
ear
esomel
i
vingi
nfoot
hil
l
s,of3,
300f
eett
o4,
900
f
eetandi
nthemount
ains4,
900–6,
600f
eet
.Thef
urt
hert
hir
dofent
ir
epopul
ati
onr
anges
ar
eli
ght
lypopul
ated,
nor
esi
desabov
e7,
800f
eet
.Becauseoft
hatt
hef
undament
alchanges
i
nthe di
str
ibui
ti
on ofAr
meni
a’
s popul
ati
on t
hatcaused byt
he ur
bani
zat
ion f
rom t
he
economi
cgr
owt
h.

Tr
adi
ti
on

Thei
rnameoft
radi
ti
oni
suni
que,
oneoft
het
radi
ti sSal
oni tyBi
scui
ts.I
tspar
tofsai
ntofl
ove
andy
out
h,t
hepoi
nti
stot
hekeyAr
meni
anhear
tli
esi
nasal
tybi
scui
t.TheAr
meni
an
si
ngl
etonseatspeci
all
ypr
epar
edt
hesal
tybi
scui
tfr
om dr
inki
ngwat
er.Oneoft
hel
egendar
y
t
radi
ti
on.

Anot
heronei
s,get
ti
ngdr
enchedatVar
dav
ar.Wat
erscar
ceAr
meni
aal
l
owi
tsel
fjustf
orone
dayay
eart
owast
ether
esour
ce.Butt
heonl
yreasonofi
tspowert
ocl
eansei
nsi
deandout
.
Var
dav
ardat
esbackt
opagant
imesendur
ingnodt
oAst
ghi
k,t
hegoodnessofwat
erpur
it
y.

Fami
l
yisi
mpor
tantt
otheAr
meni
ans,f
ami
l
iesandext
endedonest
hatwast
hecor
ner
stone
ofAr
meni
anl
i
fe.Don’
tev
enneedt
obet
hei
rrealf
ami
l
ybutt
hei
rwel
comi
ngl
i
keaf
ami
l
y.
Becausef
ami
l
yisl
i
ket
hel
i
ghtoft
hehear
toft
hehome.
Lack in justify why at indicat is relevant/s ms to be opp tunity to you.
 
F example, language. Relate how language s ms to be e opp tunity. if English is eir
main/second language, it would help lower e language barriers as product instructions,
packaging no n d to be translated into eir language, e o erwise?
 
Justify/relate must be done f a indicat s.
 
Your sc ed lower marks f e analysis because you did not relate it wi your exp t.
9
 GROUPI
D:_
_
1.
3.4Compet
it
ionAnal
ysi
s

Thepr
oductt
hatwechoosef
orAr
meni
acount
rywasVasesoneoft
hehandi
craf
tcompany
pr
oducti
nAr
meni
a.Asweknowt
hedef
ini
ti
onofhandi
craf
tsi
samaj
orpr
obl
em r
elat
edt
o
t
raci
ngt
hedev
elopmentoft
hehandi
craf
tindust
ry.I
nindi
rectwayt
hei
ssuemost
lygot
othe
l
i
mit
sdat
acol
l
ect
ionandi
tal
sonoti
dent
if
iedsepar
atel
yint
hesy
stem t
radest
ati
sti
c.
Thusexpor
tert
odaynoti
ndependent
lyt
odef
inear
ti
sanalpr
oductf
orpur
poses.Somet
imes,
t
hei
rdat
atr
adeex
istf
ori
ndi
vi
dualcount
ryi
fthegov
ernmentmakeanef
for
ttot
rackt
hem.
Butt
heychooset
onotbecausei
tsr
eal
l
ycompl
i
cat
ed.Becauset
her
east
epofcol
l
ect
ingt
he
dat
a.

Fort
hei
ndi
r ssue,t
ecti her
emanyopt
ionf
ort
hebuy
ert
ochoosebecauset
her
ear
emany
t
ypeofdesi
gnt
hati
smor
ebeaut
if
ulandar
ti
sti
candal
sot
hepr
iceofsel
l
ingt
hatwi
l
lmake
ei
thert
hepr
oductcangof
urt
herornot
.

Theyal onow t
soneedt hecl
assi
fyi
ngofmar
ketsegment
.Doest
hepr
oductwi
l
lkeepgood
unt
ilcent
ury
,becauset
hist
ypeofpr
oductt
hei
rageofcondi
ti
oncanbei
ncent
uryand
somet
imeswi
thgoodcar
ecanbedecade.Andal
sodi
dthepr
oductf
igur
ecanmakepeopl
e
easyt
ocl
oseandbuyi
t.Asweknowmanyhandi
craf
tcol
l
ect
orwasf
rom hi
ghendpeopl
e.

Fort
hedi
recti
ssue,t
hiski
ndofpr
oductdoesn’
thav
easpeci
fi
ccat
alogt
obei
ngr
evi
ew
bef
orecomeandbuy
.Andal
sot
her
etai
l
erst
hati
nchar
gei
nthi
spr
oductr
eal
l
yneedt
ohav
e
manyknowl
edgeaboutt
hispr
oductsot
hatt
heycancl
oset
hebuy
er.Thedemandoft
he
condi
ti
onal
sooneoft
hei
ssuei
ncompet
it
ionanal
ysi
s,f
rom t
hatwecanseeei
thert
he
suppl
i
ercanf
ull
fil
l
edt
hedemandoft
hepr
oductt
hatbei
ngr
equst
edbybuy
eroutt
her
e.

This is not relevant to what was explained bef e.

Direct competition = you must find product at found to be e same like yours at being
se /offer in Armenia too.
Litera y, traditional, would have e same functions/purposes, etc.
Provide e ands, company, pictures, etc.
While indirect competition supposedly to provide inf mation on e product at could be a
substitute good/product to your.
F example, what people would buy as a replacement if ey could not/not aff d to buy
your traditional handcraft?
S ry, you n d to re-do is part !!!

10
 GROUPI
D:_
_
1.
4Tr
adeRegul
ati
on(t
ari
ffbar
ri
erandnon-
tar
if
fbar
ri
er)

1.
4.1Tar
if
fbar
ri
er

canbedef
inedast
heobst
acl
e,i
nfor
m oft
ax,t
hati
simposedbyacount
ryt
orest
ri
ctt
he
i
mpor
torexpor
t,whi
l
epr
otect
ingt
hei
rlocal
busi
ness.

Si
nceenr
oll
i
ngt
otheRussi
an-
ledEur
asi
anEconomi
cUni
on(
EAEU)i
n2015,
thei
mpor
ttar
if
f
i
n Ar
meni
a hav
e been har
moni
zed wi
tht
he count
ryi
nthei
rregi
on such as Bel
arus,
Kazakhst
an,
Kyr
gyzst
anandRussi
a.Thehar
moni
zat
ionoft
het
ari
ffhav
ecauseasi
gni
fi
cant
r
aiseoft
ari
ffi
nAr
meni
a.

Fort
hisspeci
fi
cpr
oduct
,tr
adi
ti
onalv
ase,whi
chf
all
sundert
hecat
egor
yofpot
ter
ypr
oduct
,
ar
eimposedwi
thacust
om t
ari
ffof10%.Ot
hert
hant
hat
,val
ueaddedt
ax(
VAT)of20%i
s
i
mposedt
oimpor
tedgoodandser
vicesi
nAr
meni
a.Val
ueaddedt
axar
ecompul
sor
ytobe
pai
dwi
thi
n10day
supont
hear
ri
val
oft
hegoods.
Provide e HS code - 6 digit codes f good's identification .

1.
4.2Non-
tar
if
fbar
rerNon-Member of
i e Trade Agr ment

Ont
heot
herhands,
isawayt
orest
ri
ctt
het
radewi
thot
hercount
ry,
byusi
ngamet
hodr
ather
t
hanj
usti
mposi
ngat
ari
fft
othebusi
ness.Nont
ari
ffagr
eementar
eimposedbecauseof
t
radeagr
eement
.Ar
meni
aar
ethememberofRussi
an-
ledEur
asi
anEconomi
cUni
on(
EAEU)
andCommonweal
thofI
ndependentSt
ates.Si
nceMal
aysi
aisnotamemberofanyoft
hose
uni
on,t
hebusi
nesst
hatMal
aysi
aandAr
meni
awi
l
lbemor
ecompl
i
cat
edduet
otheast
he
r
ulesandr
egul
ati
ont
owar
dsMal
aysi
aar
emor
est
ri
ngentcompar
edt
othemember
sof
t
hoseuni
ons.

Oneoft
henon-
tar
if
fbar
ri
ert
hati
simposedt
owar
dst
hei
mpor
tedpr
oducti
nAr
meni
ais
i
mpor
trequi
rement
sanddocument
ati
on.Thei
mpor
ter
sar
erequi
redt
opr
ovi
det
heanda
decl
arat
ionf
orm whi
chneedt
obesuppor
tedbyot
herdocument
ssuchas;

 commer
cial
inv
oicewhi
chent
ail
sthespeci
fi
cat
ion,
val
ueandquant
it
yoft
hegoods

 cont
ract
Documentation
Requirement  t
ranspor
tat
iondocument

 i
mpor
ti
ngl
i
cense

 t
echni
cal
regul
ati
onoft
echni
cal
saf
etycer
ti
fi
cat
e(TRTS)

 cer
ti
fi
cat
eofor
igi
n

11
 GROUPI
D:_
_
 i
mpor
tper
missi
on

 document
scont
aini
ngt
hel
egi
ti
macyofbr
oker
,decl
arantandi
mpor
ter

Ot
hert
hant
hat
,cust
omsf
eesar
echar
gedt
owar
dst
hei
mpor
tedgoodi
nAr
meni
a.The
cust
om f
eesent
ail
s;f
ormal
i
tiesf
ees(
AMD3,
500=RM 27.
80)
,inspect
ionandr
ecor
dingf
ees
f
oreachcar
ryi
ngcar
got
hatwei
ghtl
essert
han1t
on(
AMD1000=RM 7.
94)
.Ift
hei
nspect
ion
ar
edonedur
ingnonwor
kingday
sort
hei
nspect
ionar
ecar
ri
edi
not
herpl
acer
athert
han
pl
acedet
ermi
nedbyt
heaut
hor
it
ies,
thef
eeswoul
dbedoubl
ed.

12
 GROUPI
D:_
_
1.
5Concl
usi
on

Asf
ort
heconl
usi
on,basedont
heobj
ect
ivewement
ionear
li
er,wear
eabl
etol
ear
nand
anal
yzehowt
ohandl
eex
por
tpr
ocessandexper
tdocument
ati
onofourchosencount
ryand
pr
oduct
s.Ther
efor
e,ourgr
oupshassel
ect
edAr
meni
acount
ryandhandi
craf
ttr
adi
ti
onall
i
ke
v
asesasoursel
ect
edpr
oductf
ort
hisr
epor
t.
Thi
susual
l
ychal
l
engesust
ounder
standmor
e
whyweneedt
ogot
hrought
hesepr
ocess.Hence,
wecanpr
act
icet
hisknowl
edgef
orf
utur
e
r
efer
ences. I
not
herwor
ds,wear
ecapabl
einexpl
ajni
ngt
hepr
ocessi
ndet
ail
saswe
under
standt
hei
mpor
tanceofeachpr
ocess.

Re-do your conclusion.

Of course you n d to c rect your introduction first because supposedly conclusion should
answer your introduction.
What you have discovered roughout is part.
Should iefly describe each of e analysis you have done above.

13
 GROUPI
D:_
_
Please re-arrange your references fo owing e alphabetical ders !!
1.
6Ref
erences

 I
nter
nat
ionalTr
ade Admi
nist
rat
ion,(
2020)
.Count
ryCommer
cialGui
de:Ar
meni
a-
Mar
ketOv
erv
iewht
tps:
//www.
tr
ade.
gov
/count
ry-
commer
cial
-gui
des/
armeni
a-mar
ket
-
over
view?
sect
ion-
nav
=11842

 A.
Yeghi
azar
ian,A.
Toumani
an,(
n.d)
.TheLaw ofRepubl
i
cofAr
meni
aonCust
oms
Dut
ies
ht
tps:
//www.
wto.
org/
engl
i
sh/
thewt
o_e/
acc_
e/ar
m_e/
WTACCARM10_
LEG_
1.pdf

 Gl
obal SPC, (
n.d) I
nvest i
n Ar
meni
a: I
mpor
t and Ex
por
t Regi
me
ht
tp:
//www.
inv
est
inar
meni
a.am/
en/
impor
t-
and-
expor
t-
regi
me

 (macr
otr
ends.
net,
2021)

 Rol
and Gr
igon Suny ,A hi
stor
y oft
he Ar
meni
an Genoci
de (Apr2021 ),
ht
tps:
//www.
bri
tanni
ca.
com/
place/
Armeni
a

 Knoema.2021.Ar
meni
a Unempl
oymentr
ate,1980-
2020 -knoema.
com.[
onl
i
ne]
Av
ail
abl
eat
:<ht
tps:
//knoema.
com/
atl
as/
Armeni
a/Unempl
oyment
-r
ate>[
Accessed6
May2021]
.
 Knoema.2021.Ar
meni
a GNI
,1970-
2020 -knoema.
com.[
onl
i
ne]Av
ail
abl
e at
:
<ht
tps:
//knoema.
com/
atl
as/
Armeni
a/t
opi
cs/
Economy
/Nat
ional
-Account
s-Gr
oss-
Nat
ional
-I
ncome/
GNI
>[Accessed6May2021]
.
 Knoema.2021.Ar
meni
a GDP,1980-
2020 -knoema.
com.[
onl
i
ne]Av
ail
abl
e at
:
<ht
tps:
//knoema.
com/
atl
as/
Armeni
a/GDP>[
Accessed6May2021]
.
 Pi ,2021. Ar
ke,J. meni
a - Pol
i
tics. [
onl
i
ne] Gl
obal
secur
it
y.or
g. Av
ail
abl
e at
:
<ht
tps:
//www.
global
secur
it
y.or
g/mi
l
itar
y/wor
ld/
armeni
a/pol
i
tics.
htm> [
Accessed 6
May2021]
.
 User , 2021. Legal Sy
, S. stem. [
onl
i
ne] I
nvest
inar
meni
a.am. Av
ail
abl
e at
:
<ht
tp:
//i
nvest
inar
meni
a.am/
en/
legal
-sy
stem>[
Accessed6May2021]
.

14
 GROUPI
D:_
_

1.
7Appendi
ces

Ar
meni
a'
sGr
ossDomest
icPr
oduct

Ar
meni
a'
sGr
ossNat
ionalI
ncome

15
 GROUPI
D:_
_

Ar
meni
a'
sUnempl
oymentRat
e

16