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International Business

Please see attachment for instructions 

Assignment: Reflect on the phenomenon of music as an export and the legal

frameworks involved. Discuss the following points in your essay:

● Overview of Music as an Export: Provide an overview of the global music
industry, focusing on the concept of music as an export commodity. Explore
the significance of music exports in cultural and economic terms, with specific
reference to the K-pop industry highlighted in the article.

● Impact of Globalization on Music: Analyze how globalization has facilitated
the international expansion of music industries, leading to increased
cross-cultural exchanges and market opportunities. Discuss how K-pop’s
success serves as a prime example of this phenomenon, breaking into
markets beyond South Korea’s borders.

● Economic Benefits and Challenges: Evaluate the economic benefits of
music exports for both exporting and importing countries. Consider factors
such as revenue generation, job creation, and cultural diplomacy. Additionally,
discuss the challenges faced by music exporters, including market saturation,
copyright infringement, and cultural adaptation.

● Legal Frameworks and Regulations: Explore the legal frameworks and
regulations governing music exports, including intellectual property laws,
copyright protections, and trade agreements. Assess their role in facilitating
or hindering the international trade of music, with specific reference to how
these laws impact the K-pop industry’s global expansion.

● Cultural Implications: Reflect on the cultural implications of exporting music
to diverse audiences worldwide. Consider how cultural values, norms, and
identities are transmitted through music, and examine the role of music in
shaping perceptions of national and global identity.

● Future Outlook: Finally, speculate on the future outlook for music exports in
an increasingly globalized world. Consider potential trends, challenges, and
opportunities, and propose strategies for stakeholders to navigate the
evolving landscape of international music trade.

In your essay, draw upon relevant examples and insights from the above listed article,
as well as additional research to support your arguments. Consider the
interconnectedness of economic, legal, and cultural factors in shaping the dynamics of
music exports, and provide a well-rounded analysis of the topic.

  • Assignment: Reflect on the phenomenon of music as an export and the legal frameworks involved. Discuss the following points in your essay:

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