10 questions international business
Chapter 1
Question 3 How can increases in world trade affect the owners of small businesses in your hometown?
Chapter Two The Nature of International Business
Question 4: Which factors should a firm consider before it decides to conduct business internationally?
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Question 5: When might a corporation go international using a joint venture approach rather than a wholly owned subsidiary approach? Give an example.
Question 6: Discuss the methods governments use to protect their domestic business environments.
Chapter Three Theories of Trade and Economic Development
Question 7: What are the fallacies of the theory of mercantilism?
Question 8: Discuss the differences between a free-market economy and a centrally planned economy. What type of economy exists in Japan?
Question 9: Select a country from the first world and the third world and compare the following elements. What do you find similar/different?
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Country xxx |
Country yyy |
Your Findings: Similar or Different? |
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GNP per capita |
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Annual export levels |
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Life expectancy |
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Literacy rates |
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Energy consumption levels |
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Chapter Four International Monetary System and the Balance of Payments
Question 10: What is the difference between a hard currency and a soft currency?
Question 11: Describe the Bretton Woods Agreement. What position did gold hold in this system?
Question 12: Outline the structure of the International Monetary Fund. What are its aims? What is conditionality?
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