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1)      The global market for goods and services is important because it enable each country to enjoy the benefit of certain products which the country have competitive advantages in.

2)      International monetary and financial markets allows people to change currencies and travel around the world without any obstacles.

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1)       The global market is important for goods and services where it is accounts for a good part of a country’s gross domestic product.  Besides, it is also one of the important sources of revenue for a developing country.

2)      Both are important for international monetary and financial markets. This is because international monetary aims was to help stabilize exchange rates and provide loans to countries in need. Whereas, financial markets help to efficiently direct the flow of savings and investment in the economy in ways that facilitate the accumulation of capital and the production of goods and services.

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Question 1

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Q1) Global market is important for goods and services because it is demand for foreign products is increasing in fast-growing economics and globalization and the internet allow every marketer to be an international marketer.

Q2) The suitable design of international monetary and financial arrangements for the global economy is a long-standing issue. A key shortcoming of the existing system is that it tends to heighten the risk of financial imbalances, leading to booms and busts in credit and asset prices with serious macroeconomic consequences. The global use of the dollar and the euro allows monetary conditions to affect borrowers well beyond the respective issuing economies. Many countries also import monetary conditions when setting policy rates to limit interest rate differentials and exchange rate movements against the major currencies. The global integration of financial markets tends to reinforce these dynamics, by allowing common factors to drive capital flows and a common price of risk to move bond and equity prices.

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1.) Meet Guenther and Maria. Guenther is the prime minister of a country that lies in the northern latitudes of the globe with a fairly temperate climate, and Maria is the leader of a nation still in the Northern Hemisphere, but its climate is Mediterranean. Their countries are participants in globalization and global trade, which is creating a truly global market for the first time in history.

Globalization is the process of creating a truly global market and involves an overall increase of international trade, which includes the flow of labor, services, goods and capital across international borders. A true global market is an integrated market for global trade where buyers and sellers 'meet' from all over the globe to trade with little barriers to trading. Of course, a pure global market doesn't exist yet, but globalization is bringing it closer to a reality. Globalization can provide many benefits to Guenther and Maria's countries. Let's see why.
2.) The suitable design of international monetary and financial arrangements for the global economy is a long-standing issue. A key shortcoming of the existing system is that it tends to heighten the risk of financial imbalances, leading to booms and busts in credit and asset prices with serious macroeconomic consequences. These imbalances often occur simultaneously across countries, deriving strength from international spillovers of various types. The global use of the dollar and the euro allows monetary conditions to affect borrowers well beyond the respective issuing economies. Many countries also import monetary conditions when setting policy rates to limit interest rate differentials and exchange rate movements against the major currencies. The global integration of financial markets tends to reinforce these dynamics, by allowing common factors to drive capital flows and a common price of risk to move bond and equity prices. Policies to keep one's own house in order by managing financial cycles would help to reduce such spillovers. In addition, central banks need to better internalise spillovers, not least to avoid the effects of their actions spilling back into their own economies. Moving beyond enlightened self-interest would require international cooperation on rules constraining domestic policies.

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1. The global market for goods and services is important because it enable each country to enjoy the benefit of certain products which the country have competitive advantages in.
2. International monetary and financial markets allows people to change currencies and travel around the world without any obstacles.

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1141327505

Q1.
Global marketing is when a company views all of their markets as one and decisions are no longer limited by borders. Because this level of of marketing is reached through much time, effort and growth, one may wonder why it is important at all.

How important is the global market for good and services is :
For many, the ability to market products and services globally  brings a huge business opportunity. When domestic markets become saturated in developed areas of the world, extending beyond national borders allows a firm to capitalize upon countries experiencing economic and population growth

Q2.
The International Monetary Fund (IMF) is working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world. Financial markets are extremely important to the general health of an economy. With effective markets for credit and capital, borrowing and investment will be limited and the whole macro-economy can suffer. Financial markets often fail to form in command economies and in less developed economies , causing low levels of investment and low growth rates.

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Q1. Global market is important for goods and services because the ability to market products and services globally brings a huge business opportunity . It also work to promote global cooperation .

Q2. The important of international monetary and financial market

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Q1. The global market is important because it effect all of us in any aspect. 

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Q1. The global market is important because it effect all of us in any aspect. 

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1) It is important because it is a stage to trade goods and services of locals globally for the expandable market and economies thus lead to high GDP and nation economy. Other than that, global market has it absolute advantage for specialized skills of people in the country and best resources to produced quality goods to be export globally. Comparative advantage where one country can produce goods and services at lower cost at foreign country using their specialization skills and unique resources at their country.
2) Providing the Machinery for Consultation and Collaboration on International Monetary Problems. To promote exchange stability, to maintain orderly exchange arrangements among members, and to avoid competitive exchange depreciation. To assist in the establishment of a multilateral system of payments in respect of current transactions between members and in the elimination of foreign exchange restrictions which hamper the growth of world trade. To give confidence to members by making the general resources of the Fund temporarily available to them under adequate safeguards, thus providing them with opportunity to correct maladjustments in their balance of payments without resorting to measures destructive of national or international prosperity.

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1.      Global marketing is when a company views all of their markets as one and decisions are no longer limited by borders. Because this level of marketing is reached through much time, effort and growth, one may wonder why it is important at all.  A true global market is an integrated market for global trade where buyers and sellers 'meet' from all over the globe to trade with little barriers to trading. Of course, a pure global market doesn't exist yet, but globalization is bringing it closer to a reality. Globalization can provide many benefits to Guenther and Maria's countries.

2.     The international monetary system is the framework within which countries borrow, lend, buy, sell and make payments across political frontiers. The framework determines how balance of payments disequilibrium is resolved. Numerous frameworks are possible and most have been tried in one form or another. A financial market is a market in which people trade financial securities, commodities, and other fungible items of value at low transaction cost and at prices that reflect supply and demand.  Securities include stocks and bonds, and commodities include precious metals or agricultural products.

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1) Globalization is the process of creating a truly global market and involves an overall increase of international trade, which includes the flow of labor, services, goods and capital across international borders. A true global market is an integrated market for global trade where buyers and sellers 'meet' from all over the globe to trade with little barriers to trading. If import is greater than export, more money is leaving the country than is coming in through export sales. The more a country exports, the more domestic economic activity is occurring. More exports means more production, jobs and revenue. If a country is a net exporter, its gross domestic product increases, which is the total value of the finished goods and services it produces in a given period of time. In other words, net exports increase the wealth of a country.

2) International monetary and financial markets outweigh trade in goods and services. International monetary and financial markets standardized foreign exchange market which is the market for national currencies, exchange rates, and global financial relations. They are important to promote high employment, sustain economic growth, reduce poverty around the world.

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1) The Balance of Payments shows a countries transactions (inflows and outflows) with with the rest of the world

2) Net debtor is a national government that owes  money to international  financial institutions such as the foreign governments, or to foreign lenders. A debtor nation will have a negative balance of trade because the amount of money coming into the country from outside sources is greater than the amount of exports and money that the country sends out.
Net creditor means a nation with a cumulative balance of payment surplus.

3) The current account records exports and imports of goods and services as well as unilateral accounts whereas the capital account records transactions of purchase and sale of foreign assets and liabilities during a particular year.
Capital flows refer to the movement of money for the purpose of investment, trade or business production

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System that measure that measure account of goods

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1) The Balance of Payments shows a countries transactions (inflows and outflows) with with the rest of the world

2) Net debtor is a national government that owes  money to international  financial institutions such as the foreign governments, or to foreign lenders. A debtor nation will have a negative balance of trade because the amount of money coming into the country from outside sources is greater than the amount of exports and money that the country sends out.
Net creditor means a nation with a cumulative balance of payment surplus.

3) The current account records exports and imports of goods and services as well as unilateral accounts whereas the capital account records transactions of purchase and sale of foreign assets and liabilities during a particular year.
Capital flows refer to the movement of money for the purpose of investment, trade or business production

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Issues 1
Global market raises consumer awareness of the goods and services' options available not only domestic but internationally.
Issues 2
International monetary and financial markets govern the exchange rates and enable international trades at low transaction costs.

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1122701581

Q1) Global market is important because it brings opportunity for new sales and profits to an organisation.In addition to new sales opportunities, there may be other reasons for expansion beyond the home market. As for example Clothing companies expand in order to take advantage of low labour costs in some other countries called  efficiency seeking. Moreover with global market companies can take a benefit from having a brand that is recognized throughout the world.
Q2) International monetary is important because its stabilizing the exchange rates thereby facilitating international payment adjustments. financial market also important because its an organizations that facilitate the trade of financial products or it can refer to the interaction between buyers and sellers to trade financial products.

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Q1: The global market is important for goods and services where it is accounts for a good part of a country’s gross domestic product.  Besides, it is also one of the important sources of revenue for a developing country.

Q2: Both are important for international monetary and financial markets. This is because international monetary aims was to help stabilize exchange rates and provide loans to countries in need. Whereas, financial markets help to efficiently direct the flow of savings and investment in the economy in ways that facilitate the accumulation of capital and the production of goods and services.

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Q1 :  It is important because with the international or globally expansion will provide the opportunity for new sales and profits. By doing this expansion,it will lead to lower prices for goods and services because of the economies of scale and scope that will derive from a larger global base.

Q2 : It is important to  provide the transfer of purchasing power,that is money payments to cover transactions. It is also important to providing a stable unit of value and providing a standard for deferred payments.

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1131122458

Q1) Global market for goods and services are important because it brings a huge business opportunity. If the company is not taking advantage of the opportunity out there, the existing competition will. Thus, the company may also experience the threat of foreign competitors entering their domestic market. Besides that, it helps the company minimize their cost and lower the bottom line.

Q2) Important of International Monetary:
1- Promote  exchange rate stability
2- To help deal with Balance of Payment adjustment
3- Help deal with economic crisis by providing international coordination

Important of Financial Markets:
- Important to general health of an economy. With effective markets for credit and capital, borrowing and investment will be limited and the whole macro-economy can suffer.

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Mohd Shah Rafique bin Rosli                            1131119844                                                             1. The global market for goods and services is important. It is an opportunity for the business the platform to trade goods and services around the world and maximizing profits. As the business grew it creates jobs and also to contribute to the gdp of the country.                      2 .International monetary and financial markets is important, it allows the exchange of currencies between different countries. Traders or business may gain by arbitraging when trading with currencies in different markets around the world.3

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Mohd Shah Rafique bin Rosli                            1131119844                                                             1. The global market for goods and services is important. It is an opportunity for the business the platform to trade goods and services around the world and maximizing profits. As the business grew it creates jobs and also to contribute to the gdp of the country.                      2 .International monetary and financial markets is important, it allows the exchange of currencies between different countries. Traders or business may gain by arbitraging when trading with currencies in different markets around the world.3

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1)One of the most  importance of global market is the lower production cost of developing country.Secondly, some global trade is fostered by a specialized industry that has developed due to national talent or tradition,thus may lower the production goods.

2)International Monetary and financial markets working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world.

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LEE LI SHAN 11327019

1. How important is the global market for goods and services?
It is important because it can bring to earn money for the economy. Good and services able to sell in the global market bring economy to earn money. Next , it will increase reputation of the economy. In the global market , economy know each other via transactions of good and services.

2. How important are the international monetary and financial markets?

Foreign exchange keep on growing. The currency is moving all the time , it will affect the foreign exchange rate and the international monetary and financial markets. It act as an important role.
Next , important point will be the bond and equity. The bond and equity will growing by time to time. The higher percentage increase will bring positive effect on financial markets .They act as important role in financial market.

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LEE LI SHAN 1123501911

1. How important is the global market for goods and services?
It is important because it can bring to earn money for the economy. Good and services able to sell in the global market bring economy to earn money. Next , it will increase reputation of the economy. In the global market , economy know each other via transactions of good and services.

2. How important are the international monetary and financial markets?

Foreign exchange keep on growing. The currency is moving all the time , it will affect the foreign exchange rate and the international monetary and financial markets. It act as an important role.
Next , important point will be the bond and equity. The bond and equity will growing by time to time. The higher percentage increase will bring positive effect on financial markets .They act as important role in financial market.

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LEE LI SHAN 11350019111.	How important is the global market for goods and services?It is important because it can bring to earn money for the economy. Good and services able to sell in the global market bring economy to earn money. Next , it will increase reputation of the economy. In the global market , economy know each other via transactions of good and services. 2.	How important are the international monetary and financial markets?Foreign exchange keep on growing. The currency is moving all the time , it will affect the foreign exchange rate and the international monetary and financial markets. It act as an important role. Next , important point will be the bond and equity. The bond and equity will growing by time to time. The higher percentage increase will bring positive effect on financial markets .They act as important role in financial market.

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LEE LI SHAN 11350019111.	How important is the global market for goods and services?It is important because it can bring to earn money for the economy. Good and services able to sell in the global market bring economy to earn money. Next , it will increase reputation of the economy. In the global market , economy know each other via transactions of good and services. 2.	How important are the international monetary and financial markets?Foreign exchange keep on growing. The currency is moving all the time , it will affect the foreign exchange rate and the international monetary and financial markets. It act as an important role. Next , important point will be the bond and equity. The bond and equity will growing by time to time. The higher percentage increase will bring positive effect on financial markets .They act as important role in financial market.

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Issue 1

The ability to market products and services globally also brings a huge business opportunity. Taking advantage of uneven income streams by supplementing domestic sales with international can also serve as another opportunity to balance cash flow and grow your business . Globalization of production and distribution (essential components of the marketing mix) may help your company minimize costs and lower your bottom line.
Issue 2
The suitable design of international monetary and financial arrangements for the global economy is a long-standing issue. A key shortcoming of the existing system is that it tends to heighten the risk of financial imbalances, leading to booms and busts in credit and asset prices with serious macroeconomic consequences. The global integration of financial markets tends to reinforce these dynamics, by allowing common factors to drive capital flows and a common price of risk to move bond and equity prices.

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1. Global market able the market products and services brings a huge business opportunity. Globalization of production and distribution may help the company minimize costs and lower the bottom line.

2. The important in the international monetary structure as it provides assistance and loans to developing nations. Other important institutions in the international monetary structure include private participants, regional trading and national governments.

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Q1:

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1. How important is the global market for goods and services?
- the ability to market goods and services globally which also brings a huge business opportunity.
2. How important are the international monetary and financial markets?
- financial regimes allows fund to move more freely across the currencies and borders.

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Kayeilvili Thamilchelvan
1141327466
1)Global market for goods and services very much important in todays world because it is the place where all of us buy n sell goods and services .Moreover, it is the place to determine the equilibrium price of demand and supply.

2)International monetary and financial market also very much important because there is where exchange rate occurs between different countries .Moreover
,trades like bonds and stocks  are growing day by day and it makes the economy growth effectively.

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Q1:   It is important because globalization can bring economic growth.for example, Globalization of production and distribution may help your company minimize costs, and the ability to market products and services globally also brings a huge business opportunity.  The threat of competition now exists on a worldwide scale, also can the machine can produce a better product.

Q2: International monetary provide currency services, it will affect foreign exchange rate. and financial market affect liquidity to financial assets, and affect saving and investment in the economy.

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Q2
The International Monetary Fund (IMF) is one of the most prominent institutions in the international monetary structure. The IMF oversees the global financial system and offers assistance to states.
Another international institution, the World Bank, is important in the global monetary structure as it provides assistance and loans to developing nations.

Source: Boundless. “The International Monetary Structure.” Boundless Political Science. Boundless, 26 May. 2016. Retrieved 12 Jul. 2016 from https://www.boundless.com/political-science/textbooks/boundless-political-science-textbook/foreign-policy-18/modern-foreign-policy-112/the-international-monetary-structure-601-7113/

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Alarbeid Abdulmoeiz Alseid k alarbeid 1141326303

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Alarbeid Abdulmoeiz Alseid k alarbeid 1141326303

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everyone works at a huge corporation or industry-leading company. This is not to say you shouldn’t pay attention to what key players and countries are up to. Everything they do has an effect on other businesses and consumers at one point or another. It may either help or hurt you, so familiarizing yourself with their strategies can help you to adapt to changes (whether that be from a buying or selling standpoint). If nothing else, being aware of what’s going on globally is never a bad thing

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Q1) How important is the global market for goods and services?

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114132688

1.Global marketing is important for goods and service because it has large demographic audiences, can gain huge profit margins and a better quality of life for consumers in the world. Businesses that use global marketing to reach international audiences experience great potential for prosperous expansion. Many companies take benefit of global marketing excel because consumers all over the planet regularly buy products at local retailers that are imported from foreign countries.

2. Importance of international monetary are fosters among these countries cooperative monetary policies that stabilize the exchange of one national currency for another. It thereby encourages international trade. Importance of financial market are mobilisation of savings and their channelization into more productive use, provide liquidity to financial assets, and reduce the cost of transaction.

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1132702550
Q1
Global market acts as a platform for business and consumers to conduct transaction and operation which involves the exchange of goods and services.With global markets, goods and services are able to access to greater varieties of markets around the globe, which increase its tradability, efficiency and opportunity. This eventually benefited the business operation, like the case of lifting of sanctions on Iran oil production in the market.
Q2

International monetary are important because it secure the financial stability and improves the trading of its members which aim to promote sustainable economic growth. While financial markets exceed any other trade, it act as an important medium for asset and money to flow around the globe, according to demand and supply. Trade like bonds and stocks assists the growth of an economy on a faster and effective pace.

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1. The global market for goods and services is very important to everyone because it affect buyer and seller. global market provided goods and services to buy and sell, set market price worldwide.

2. international monetary  provided the exchange between countries. financial markets is for saving and investment. both international monetary and financial markets are important.

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1) Global market important for goods and services because it developments in international monetary and financial markets outweigh trade in goods and services

2) it important to flow from those who have surplus funds to those who have a shortage of funds, either by direct, market-based financing or by indirect, bank-based finance.

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1132702846

Q1.The global market for goods and services is important because it access to wider profit margins, huge demographic audiences and a better quality of life for consumers worldwide. Businesses that use global marketing to reach international audiences experience massive potential for prosperous expansion. Companies that take advantage of global marketing excel because consumers all over the planet regularly buy products at local retailers that are imported from other countries.

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Q2. International Monetary and financial market are very important because it provide sufficient liquidity for fluctuating levels of trade and to provide means by which global imbalances can be corrected by currencies move around in different countries.

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1. How important is the global market for goods and services?
It is important because it can bring to earn money for the economy. Good and services able to sell in the global market bring economy to earn money. Next , it will increase reputation of the economy. In the global market , economy know each other via transactions of good and services.

2. How important are the international monetary and financial markets?

Foreign exchange keep on growing. The currency is moving all the time , it will affect the foreign exchange rate and the international monetary and financial markets. It act as an important role.
Next , important point will be the bond and equity. The bond and equity will growing by time to time. The higher percentage increase will bring positive effect on financial markets .They act as important role in financial market.

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1132702615

Q1.The global market for goods and services is important because it work to promote global cooperation, greater efforts to communicate and understand one another’s cultures effectively in order to achieve greater business success. Globalization is effecting the interdependence of all nations, which has been argued to promote global cooperation.

Q2. International Monetary and financial market are very important as the currencies to move around in different countries that will solve the problem of financial imbalances. These imbalances often occur across countries. The systems can grow organically as the collective result of numerous individual agreements between international economic factors spread over several decades.

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Q1) How important is the global market for goods and services?
Global market for goods and services important because it is the place where all buying selling process happen. It is also helps to increase level of productivity of all the markets. It is neccessary to have global market so it is easier for determine demand and supply for all goods and services.

Q2f) How important are the international monetary and financial markets?
It is important to rectify all the financial issues in markets. It is important for foreign exchange market because the currency keeps on changing. And it is also important for bond and equity to have a good effects on financial markets.

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Q1. The global market for good and services is important. It create a huge business opportunity since the goods and services are marketed globally. It will improve the economic growth of country as well.

Q2. The international monetary and financial markets are important since they govern exchange rates between different countries and facilitate the accumulation of capital by directing the flow of savings and investments in the economy.

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Q1) Global market is important to allow people to trade on an international basis to expand their target market and customer base. Global market can affect just about anyone from big corporation to labour force.
Q2) International monetary and financial market is important because it maintains and facilitates the liquidity and flow of funds. To ensure that, many institutions like central banks are setup to improve the transparency and enact regulation on international markets and foreign exchange.  : D

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1. The global market for goods and services is important. It is the platform to sell and buy goods and services around the world, and it basically set the market price by having the equilibrium price based on the demand and supply. Therefore, the global market will affect both buyers and sellers with the market price.

2. International monetary and financial markets is important, as it allows the exchange of currency between different countries, and the financial markets provide a platform for savings and investment, while providing a higher liquidity to financial assets.

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Q1. It is important because it can bring profit to the economy. Goods and services are able to sell in the global market bring economy to earn money. It will increase reputation of the economy as well. In the global market , economy know each other via transactions of good and services.

Q2. Foreign exchange keep on growing. The currency is moving all the time , it will affect the foreign exchange rate and the international monetary as well as the financial markets. It acts as an important role in the economy.
Next , important point will be the bond and equity. The bond and equity will growing by time to time. The higher percentage will bring positive effect on financial markets therefore they act as an important role in financial market.

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Q1. Global market is important for good and services because it helps to maximizing the production because each country only need to produce base on their specialization and then they trade with other country that specialize on other product.This will increase the efficiency of production.
Q2. International Monetary and financial market is very importants as it allowed the currencies to move around in different countries that will solve the problem of monetary surplus and shortage. FInancial market also create an open and regulated system for companies to obtain large amounts of financial capital from different country hence different currencies inflow is allowed below the financial system.

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Q1) The global market is very important for goods and services. The global market provides a demand and supply for the goods and services produced, globally not just limited to just local.
Q2) The development in the international monetary and financial markets outweigh trade in goods and services. This shows that the international monetary and financial markets are important or more than the market for goods and services.

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Q1) How important is the global market for goods and services?

Q2f) How important are the international monetary and financial markets?