What are the primary economic factors driving international migration?5 answersThe primary economic factors driving international migration include income differences, population size, political, geographical, and cultural proximities between countries, and the level of educational attainment. Additionally, the degree of economic integration between countries, as measured by bilateral trade and value chain links, also influences cross-border migration. The offshoring of production to migrant source countries can suppress outmigration, but an expected rise in source country income may eventually promote migration. Socioeconomic variables such as population dynamics, education and health, and openness of a society also significantly affect migration flows. For example, the effect of human capital on migration follows an inverted U-shaped pattern. Overall, these economic factors play a crucial role in shaping international migration patterns and flows.
What are the factors that effect export competitiveness?4 answersFactors that affect export competitiveness include production factor input, high-quality production management, geographical distance of importing countries, GDP per capita, the fisheries industry, the construction industry, APEC membership, fish breeding area, the number of processing enterprises above designated size, the openness of foreign trade, reducing the density of aquaculture, increasing innovation, strengthening the supervision of aquatic products, and improving the supporting facilities of related industries. Labor costs, productivity, market reforms, product innovation, quality, and high-tech products also play a role in export competitiveness. In the case of seafood exporters in the Mekong Delta, factors affecting competitiveness include research and development capacity, brand competitiveness, human resource capacity, production technology capacity, business relationship development capacity, marketing capacity, management capacity, price competitiveness, financial capacity, and commercial dispute handling capacity. Other determinants of export competitiveness include GDP, openness, exchange rate, FDI, and human capital. Additionally, competitor orientation has a positive effect on the relationship between a competitive environment and export performance.
What are the factors that impact economic development?4 answersFactors that impact economic development include political stability, investment, public and private initiatives, civil unrest/military conflict, institutional coherence, initial economic development level, geographic, climatic, demographic, and natural resource potential, historical path of development, sectoral and territorial structure of the economy, institutional environment, political processes, values of economic activity, established business practices, external economic and political factors, and interests of global economic actors. Additionally, economic and non-economic factors such as tax amnesty, exchange rates, inflation, and interest rates can also influence economic development. The transformation of the traditional economy into a digital one is another factor that impacts economic development.
What are the main factors that affect international trade?4 answersThe main factors that affect international trade include factor endowments, trade policies, exchange rate, inflation rate, disposable income, low-cost labor, economic diplomacy, and foreign currency reserves. Other factors include balance of payment, balance of trade, exchange rates, trade quotas, brand name, international payment systems, product specialization, government regulations, social and economic crises, and changes in value and supply and demand. Additionally, the trade of quality differentiated goods is influenced by quality improvement and not by making goods cheaper. Factors affecting foreign trade growth include international regulations, policies, infrastructures, service and support, exchange policies, domestic rules and regulations, trends, and management. Internal and border indicators of competitiveness, such as economic performance, government efficiency, business efficiency, and existing infrastructure, also affect international trade flows.
What are the major factors that influence international trade?3 answersInternational trade is influenced by several factors. These include factor endowments, trade policies, exchange rates, inflation rates, disposable income, and others. Immigration policies and negotiations also play a role in trade, as governments may use costly policies as bargaining chips to reform protectionist policies in exchange for liberalizing reforms by other governments. The impact of balance of payment and balance of trade, as well as government regulations and international market conditions, also influence international trade. Communication costs, particularly language barriers, can affect trade, with trading partners who share the same language reducing communication costs. Additionally, the spatial-temporal changes in trade volumes and sources of parrots, as well as trade restrictions and pandemic zoonosis, have influenced the global parrot trade. Overall, these factors contribute to the dynamics and patterns of international trade.
What are the factors that influence the development of international entrepreneurship?5 answersFactors that influence the development of international entrepreneurship include financial sector development, foreign direct investment (FDI) inflows, trade and financial openness, entrepreneurial intensity, and capabilities at the firm level. The findings suggest that the banking sector and capital market development, FDI inflows, and trade openness have a positive impact on entrepreneurial activity. Additionally, entrepreneurial intensity and capabilities are positively related to internationalization and firm performance. It is recommended that firms foster higher levels of innovativeness, risk-taking, and proactiveness while developing human, social, and technology-related capabilities to enhance their performance and increase their levels of internationalization. These factors play a crucial role in creating an environment that supports and encourages entrepreneurial activity on an international scale.
