Discuss the below in detail:
Scenario: You work as an analyst in the planning unit of a firm with international operations. From time to time, you might be called to a meeting to discuss certain aspects of international business. As you state your responses to the Discussion Board questions, assume that you are in a formal, management discussion. Your manager has asked that you state your sources when citing facts or important concepts, for good order.
Q1: The United States had a Current Account Deficit of $410,628 million in 2014. Is this bad for the economy?
Scenario: You work as an analyst in the planning unit of a firm with international operations. From time to time, you might be called to a meeting to discuss certain aspects of international business. As you state your responses to the Discussion Board questions, assume that you are in a formal, management discussion. Your manager has asked that you state your sources when citing facts or important concepts, for good order.
Q2: News reports about the garment industry in Bangladesh as well as the pharmaceutical drug industry in India has given management in your firm cause to wonder, why have these countries become major exporters of these products? Figure out why.