ï· Define and Identify the Market
ï· How firms make their price and output decision in your assigned market.
ï· Market features and structure
ï· The main determinants in your assigned market
ï· Choose one of the firms in Kingdom of Saudi Aribia, or international firm as an example for your
Sample Solution
two countries. A separate protocol was endorsed between the State Bank of Pakistan and the Central Bank of Turkey finalizing banking arrangements related to the revolving credit (Hassan, 2002). In the start of eighties (1981) Pakistan began to strain fact that the Muslim countries must strengthen their trade relations with each other, so that their economies could growth, the curse of poverty be excluded and they become less dependent on the West. That time of thoughtful owing to the various factors. The Iranian revolution ensured taken the world by storm. It needed crushed the myth that Western help is essential component for progress. Instead the people of the Muslim world had become influenced that great deeds could be realized through the motivation of masses. Islamic revolution needed enthralled the Muslim countries and they were more eager than before to forge strong ties with the brethren. At the same time a procedure for greater economic and technical cooperation was signed between Turkey and Pakistan on November 12, 1981. Thus both sides Pakistan and Turkey noted that the size of trade was motionless low and therefore identified the constraints, inadequate shipping and telecommunications links and lack of contacts between businessmen. It was also noted between the steps taken to recompense the situation was, Ankaraâs restitution of rice agreement with Pakistan and its offers was that to five lac (half million) tons of cement for sale to Pakistan. Turkey was also allowed the opening of a Pakistan bank in Turkey (Hasan, 2002).>
two countries. A separate protocol was endorsed between the State Bank of Pakistan and the Central Bank of Turkey finalizing banking arrangements related to the revolving credit (Hassan, 2002). In the start of eighties (1981) Pakistan began to strain fact that the Muslim countries must strengthen their trade relations with each other, so that their economies could growth, the curse of poverty be excluded and they become less dependent on the West. That time of thoughtful owing to the various factors. The Iranian revolution ensured taken the world by storm. It needed crushed the myth that Western help is essential component for progress. Instead the people of the Muslim world had become influenced that great deeds could be realized through the motivation of masses. Islamic revolution needed enthralled the Muslim countries and they were more eager than before to forge strong ties with the brethren. At the same time a procedure for greater economic and technical cooperation was signed between Turkey and Pakistan on November 12, 1981. Thus both sides Pakistan and Turkey noted that the size of trade was motionless low and therefore identified the constraints, inadequate shipping and telecommunications links and lack of contacts between businessmen. It was also noted between the steps taken to recompense the situation was, Ankaraâs restitution of rice agreement with Pakistan and its offers was that to five lac (half million) tons of cement for sale to Pakistan. Turkey was also allowed the opening of a Pakistan bank in Turkey (Hasan, 2002).>
