Pages in this set

Page 1

Preview of page 1
Harry Bindloss




INTERNATIONAL COMPETITIVENESS


International Competitiveness: Means your exports are attractive to foreigners. You will
then have more exports then imports. The ability for a nation to sell its goods or services to
domestic and international markets.

UK exports in world markets depends on:

Price (most important)
Price of other…

Page 2

Preview of page 2
Harry Bindloss




HOWEVER ­

It could just be that domestic demand is low therefore the only solution is to sell
abroad.
If there was a boom the consumers have more disposable income and this means
that demand increases.
If you are importing components and then exporting the final product then…

Comments

No comments have yet been made

Similar Economics resources:

See all Economics resources »