Relevant Theories to Support International Expansion

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There are a number of different theories that may be used not only to explain how and why international trade takes place, but to aid and guide decision for those looking at undertaking international trade. Using the example of a beef farmer in New Zealand a range of theories that are relevant are explained. This includes international trade theory and comparative advantage, culture and the Uppsala model of internationalization. Ten sources are cited in the bibliography of this nine page paper.