The international latin language (B.C. 75 – A.D. 1500) was replaced by the more civilized English language in the Middle Ages, though it defeated the Greek language. The latin was at the time barbaric and immoral, compared to the Dark language of English written in the Bible and the narrative and lyric literatures. The International English Language since A.D. 1000 has been developed into
1. Introduction
Recently dollar's price is really volatile. This means credit of dollar is declined. That's why other currencies are trying to become a key currency. Especially some researchers insist that Yuan has a potentiality to become a key currency. So, our group will treat about this subject mainly.
2.Concept and meaning of currency internationalization
1) Conditions of currency int
Internationalization: firms extend products and services in overseas markets, usually from their home country
Globalization: the process by which businesses create value by leveraging their resources and capabilities across borders, and includes the coordination of cross-border manufacturing and marketing strategies
Internationalization is the first stage in the globalization process
Nudie’s Internationalization
First Export order in 2004, worth more than $100,000 in Food & Hotel Asia Trade Fair in Singapore.
Started to export to Hong Kong, New Zealand, Singapore
Why New Zealand & Singapore?
1. Cultural closeness
Similar trade regulation
English speaking
Café & Deli Culture
No packaging restriction
2. Geographic Proximity
Physically Nearby
Low Tra