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PublicationsParticipating in international business allows countries to1-WE and IER Participating in international business allows countries to
take full advantage of their country's advantages such as
reasonable land, resources, labor and capital. In other words,
a country will export outstanding, abundant, domestically
abundant products or services to other countries that have no
or rarely, demand outweighs supply. Moreover, companies
with enough capital can look to another country with plenty
of land or cheap labor to develop their products.
Participating in international business allows countries to
make full use of their country's expertise, strengths and
technical factors in production such as land, resources, labor
and capital. In other words, a country will export
outstanding, abundant, domestically abundant products or
services to other countries that have no or rarely, demand
outweighs supply. Moreover, companies with enough
capital can look to another country with plenty of land or
cheap labor to develop their products.
Engaging in international business allows countries to
leverage their expertise, strengths and technical factors in
production to create and supply goods and services to
international markets. Increase the variety of goods and
services available in the market.
International business also increases competition in the
domestic market and introduces new opportunities to foreign
markets. Global competition encourages companies to
become more innovative and efficient in the use of their
resources.
Another advantage of international business is to create
more jobs and jobs for workers in the host country.
For consumers, international businesses introduce to users a
wide variety of goods and services. Help them raise their
standard of living and gain access to new ideas, devices,
products, services and technologies.
Methods of Supplying Services in International Trade Under
Gats
Within the framework of the WTO, GATS was introduced
to regulate issues related to trade in services. In the GATS,
instead of giving a definition of a service, the negotiators
used a description of the service in terms of the modes of
service delivery.
Service delivery modes are one of the pillars of GATS.
These methods are differentiated depending on the legal
status of the service provider, and on the mobility of
consumers or service providers. Accordingly, in Clause 2,
Article 1 of the Agreement, GATS has introduced four
modes of service supply: Cross-border supply of services,
Consumption of services abroad, Commercial presence and
Presence of natural persons.
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