Chapter16-What Are The Main
Production Issues For Firms?
International firms must answer five interrelated
1. Where should production activities be located?
2. What should be the long-term strategic role of foreign
3. Should t
Question: What actions can managers
take to compete more effectively in a
Managers must consider
the benefits of expanding into foreign markets
which strategies to pursue in foreign markets
the value of c
Chapter 10-What Is The
International Monetary System?
The international monetary system refers to the
institutional arrangements that countries adopt to
govern exchange rates
A floating exchange rate system exists when a
country allows the foreign excha