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International Trade Final Project Assessment Questions
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The company “Señorío de Begué”, originally from the province of Jaén (Spain), is dedicated to the sale and distribution of olive oil. For the next year, it intends to export its products outside of Spain.
Señorío de Begué (fictitious company), has a high quality product, very prestigious and well known in Spain, as well as a good structure of production and sale for national trade.
Although sales continue to increase in Spain, they have decided to make the leap to the international market to continue this line of growth.
The company needs someone to take charge of this important new phase for Señorío de Begué. In this case, you will be the chosen one to carry out the task.
- In the first place, you will have to carry out a study of the product and the sector in Spain, as well as its compition.
- Choose 3 countries to export and analyze the external situation in each one of them. The countries should be:
– One of Europe.
– One from Latin America
– One from Southeast Asia.
- Conduct a market study of each of these three countries regarding the oil market. Find out what would be the product distribution in the country, taking into account issues such as documents, agents, tariffs, etc.
- From the study carried out, detail the advantages and disadvantages that each of the countries has when marketing the product.
If you had to choose one of these countries to start the adventure towards foreign trade, which would it be? Explain your answer.