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Briefly describe the public policy process of a foreign country and its implication on the business political activity in that country.
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- Briefly explain the importance of economic system of a country to foreign market.Outline why the culture of a country might influence the costs of doing business in that country.From the book "Power and Plenty: Trade, War, and the World Economy in the Second Millennium" by Ronald Findlay and Kevin H. O'Rourke (2007) and "A History of the Global Economy: From 1500 to the Present" by Joerg Baten (2016). Discuss how does political stability and governance shaped the economic foundations of nations and lead to the varying ability of countries to invest in proximate factors such as physical capital and human capital. (Please include a bibliography)
- In bullet points, outline how the citizens of a foreign country benefit from the direct investment by a foreign Firm in their country's economy, for example how the citizens of a developing county, such as Sierra Leone, would benefit when a large, international corporation would open a new production facilities in their country?From the book "Power and Plenty: Trade, War, and the World Economy in the Second Millennium" by Ronald Findlay and Kevin H. O'Rourke (2007) and "A History of the Global Economy: From 1500 to the Present" by Joerg Baten (2016). Discuss how does financial institutions and access to capital shaped the economic foundations of nations and lead to the varying ability of countries to invest in proximate factors such as physical capital and human capital. (please include a bibliography)Economics Why is international finance desirable to borrowing countries? a. International finance allows capital-abundant societies to fetch higher rates of return on the provision of capital. b. International finance allows capital-starved societies to achieve better bargains than what is available domestically. c. International finance can force borrowing countries to privatize their industries. d. International finance can encourage borrowing countries to liberalize trade, despite domestic pressure. e. International finance is subject to market trends and ebbs and flows with market cycles.
- What are the two economic crisis that challenged a country in Asian region. Briefly explain.You're the CEO of a small company traveling to another country (assume a country of your choice) to complete a business deal with a foreign company. Your plane landed there on time, you're feeling fine, and everything seems to be going well. The cab driver, who doesn't speak much English, understood where you needed to go and started driving. He starts to listen to a Justin Bieber song and asks you in broken English what type of music you like. As your cab enters the hotel, you notice a McDonald's restaurant across the street with familiar golden arches. You check-in with your credit card, call your spouse from your iPhone and exchange some dollars at the money exchange place at the lobby of the hotel. You then get some take-out food from the McDonald's since you'll get plenty of opportunities to dine in local restaurants later on. When returning to your hotel room, you wonder why the instructor at the culture training class asked you to be careful about cultural differences when…Describe the role of information technology in globalization with example.
- From the book "Power and Plenty: Trade, War, and the World Economy in the Second Millennium" by Ronald Findlay and Kevin H. O'Rourke (2007) and "A History of the Global Economy: From 1500 to the Present" by Joerg Baten (2016). Discuss how does culture and social factors shaped the economic foundations of nations and lead to the varying ability of countries to invest in proximate factors such as physical capital and human capital. (please include a bibliography)How is culture like an iceberg? In a short essay, explain the relationship between the iceberg theory and international business relationships.Explain with relevant examples three (3) ways in which a country is likely to benefit as well as three (3) caveats that globalization can inflict upon countries participating in the international business space.
