Introduction Firstly, We Have Given a Little Background of France, in Terms
Introduction Firstly, we have given a little background of France, in terms of its geographic, Demographic, political and economic characteristics and a brief History of France from its old age till the Modern times. Secondly, In order to find the absolute and comparative advantages of France, in terms of its international trade and economic prosperity, we have categorized the imports and exports of France into the following categories: Mineral products, Wood products, Metal products, Stones and glass products, Paper goods, Agriculture products, Animal products, Food stuffs, Weapons, Footwear and headwear, Animal hides, Textiles, Transportations, Machineries, Arts and antiques, Precious metals, Chemical products, instruments, plastics and rubbers. We have kept the imports/exports data of the year 2013 and 2014 under observations and had a relative comparison of France’s imports and exports commodities of these three years. The relative comparison of which are listed in the appendix, in terms of monetary value, percentage value of each categories and the overall imports and exports. Since, the imports and exports were in large numbers, thus we have taken the top 5 imports and exports of each category, as mentioned in the above paragraph, to find out the absolute and comparative advantages of France. Furthermore, we have: revealed the best comparative advantage by applying porter’s diamond model; determined the destination countries, where commodities are exported, by selecting a single company with in the industry that has the best comparative advantage. And finally, we determined the mode expansion using Foreign Direct Investment model. Background Geographically: France, with an Area of 643,801 Sq.
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