Paper , Order, or Assignment Requirements
At this assignment, you have to find a product from developing country to trade it to a country in EU. And the product MUST NOT be sold in the country in EU before. (e.g. some selfie camera from China or some coco from India)
at the Brief Synopsis: the Summary in this Assignment, what you have done,
Recommendation: which country you trade from and to? why? which product? why? which export strategy? why? direct export or indirect? why? if indirect, which intermediate? why? which back are you using for latter of credit? what is your target market?
Background; how big is the company that you are getting the product from? what do they sell? from which country? the product policy in the country? how the country policy support to trade the product ( funding)?
Research: talk about country in EU that you are trading into. how the industry grow? market in the developing country that you are trading from? show the proof of the relationship between both countries (some trade agreement). are they both part of WTO? what change after they joined WTO? how many trade? is it increased or decreased? talk about the trade protection? and the competitor in the country in EU that you are trading into? and the potential demand. and also talk about the market. how much will it cost? (tax, etc) which intermediate you will use if you use indirect flight. which bank are you using for letter of credit? what other document you will need/. import and export between both country in these few years. how the product transport? air/ ship? what document? cost? how the packaging? which retailer directly to? how to get to end users in EU?
Arguments against the recommendation: the Risk assessment. how political affect the product? will it affect the developing country ( higher risk to use child labour/unfair labour)?
Argument in support of the recommendation: why should import this product to this country? what support are you getting?
implementation: how to implement this trade?
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