what do you think about this? 100 words A firm should start to consider about expanding from a domestic trade to  turning into a international trade whenever the firm sees that an opportunity is offered to them. Any domestic trade firm should also consider turning into international trade whenever they feel responsible and are willing to make changes and adapt to them easily, or when their present domestic present market starts to become saturated with its products. A firm knows they are ready to take the big step of becoming an international trade until the firm reaches and achieves a high level of success and also has  well stability on their current domestic firm. Domestic businesses are businesses that deal with the same currency because the seller and customer are both from the same country, for example like selling something outside on a stand that's domestic since they are in the same place, however when it comes to an international business, they deal more with other type of currencies due to the seller and customers not being in the same country, for example Mc Donalds, you can pretty much find a Mc Donalds anywhere in the world and they don't all have the same currency. However, turing into a international trade can be a huge step that can also bring many risks to your business, for example foreign exchange which is the risk of current value fluctuations.  There can also be many political risks with turning into a international firm. There are also many factors that could potentially affect the firm's decision in each case. Many factors that affect the firm's decision are typically based on the comparative advantage that it has over the foreign firms, also social and cultural differences, and how it attracts markets. In conclusion, a domestic firm should switch into a international trade when it is in a stable place that can support to adapt to any changes that occur in their business.

Question 2: There are a lot of rumors and thoughts that politics have that are confusing. Many politicians think that tariffs can reduce their countries' trade deficits, however that doesn't seem to be the case at all. The reason for this being false is due to the fact that the relationship between domestic savings and domestic investment are determined by foreign capital inflows, not domestic saving preferences. Tariffs can be a bad thing for trading in many countries. First of all, tariffs are a form of tax that the government charges in order for exports or goods to be brought into the country. Tariffs can be good for some reasons, for example it can help with allowing you to make your goods cheaper compared to international goods, which can really help your business a lot. Tariffs also allows production for revenue on goods and services brought into the country.  However, Tariffs also has a lot of disadvantages, for example tariffs can be bad for trading due to it raising the prices for good or services due to the increased taxes, this could potentially lead towards shortages because the tariffs discourage trading due to the high increased taxes. In addition, the definition of trade deficits pretty much means that a country is importing more goods and services than it is importing, pretty much the opposite of what a trade surplus is. Trade deficits aren't necessarily bad but aren't good either, trade deficits are very complicated when it comes towards the economy. In conclusion, tariffs are taxes that are charged by the government for other countries when goods are brought in, tax deficits is when a country imports more services and goods than it is exporting. However Tariffs won't reduce a countries trade deficit even though its a thought that politicians had in mind.