Some people believe that the rise of regional trading blocs threatens free trade progress made by
the World Trade organization (WTO).
8-1. What arguments can you present to counter this point of view?
Regional trade has increased international trade s
You overhear your supervisor tell another manager in the company, "I'm fed up with our nation's
companies sending jobs abroad to lower-wage nations. Don't they have any national pride?" The
other manger responds, "I disagree. It's every company's duty to
IKEAs Global Strategy
(11-9) When company founder Kamprad decided to expand into China, he based his decision on his own
intuition, not on market research. Looking at IKEAs current performance in China, did Kamprads decision
IKEA has been a h
Final Exam Review
4 Repsonsibility Philsophies
Worlds Financial Centers
International Capital Markets
Currency Exchange Rate, and Risk Management
Imagine that the nations of the world were to suddenly cut off all trade with one another and the
people in each nation were able to consume only products their own nation produced?
5-1. What products previously imported would no longer be available in yo
The Internet and mobile technologies have penetrated nearly all aspects of life on developed
countries, unlike many developing countries. This leads some people to say that technology
widens the development gap between rich and poor countries.
4-1. Do you
3-1. How might the Internet change, if at all, totalitarian governments such as North Korea?
The internet has brought uncensored mass communication to the world. Specifically, social
media has been instrumental is exposing injustices worldwide. If North K
Today, international businesspeople must think globally about production and sales
opportunities. Many global managers will eventually find themselves living and working in
other cultures and entrepreneurs may find themselves taking flights to places they
Two students are discussing why they are not studying international business. "International
business doesn't affect me," declares the first student. "I'm going to stay here, not work in some
foreign country." "Yeah, me neither," agrees the second. "Besid
Consider this statement: Cultures around the world are becoming increasingly similar, so
companies should standardize both their products and global marketing efforts.
11-1. Do you agree or disagree with this line of reasoning? Explain.
If it is true
The financial booms and busts over recent years cause some people to call for a return to the
gold standard. They point out that the gold standard reduced exchange-rate risk, imposed strict
monetary policies on nations, and helped correct national tra
Global Trade Deficit in Food Safety
(8-16) How do you think countries with a high volume of exports to the United States, such as Mexico,
would respond to stricter food safety rules? Do you think such measures are a good way to stem the tide
First in Asia and the World
(5-16) As the first to setup an international air express business in 1969, DHL had the firstmover advantage over other companies. Is being a first mover as advantageous for service
companies such as DHL as it is for a manu
World Class in the Deep South
(7-19) What are the pros and cons of Mercedes decision to abandon the culture and some of its homecountry practices?
Bringing your own culture and practices to a new country can cause some tension between management
Cuba Comes off its Sugar High
(4-16) Why does the Cuban government require non-Cuban businesses to hire and pay workers only
through the government?
It seems as if the Cuban government is using their socialist government to exploit international
Case Study Chapter 3
Pirates of Globalization
(3-16) What more do you think the international business community could do to protect their
intellectual property right?
International businesses need to take a much firmer stance against counterfeiting and p
(2-14) If you worked for an international firm doing business in Asia, is there anything you would suggest
to ease the tensions these cultures are experiencing? Be specific.
Because their culture differs from what we are use to, it would be a challenge to
MTV Goes Local
(1-16) While some may say that airing US advertisements dilutes the local
culture of a society, others would argue that offering a different culture
allows the audience to broaden their world view. I personally believe that
there is no
Banking on Forgiveness
(10-18) The World Bank and the IMF had once argued that the leniency of debt forgiveness would make
it more difficult for themselves to borrow cheaply on the worlds capital markets. If you were a World
Bank donor, would you supp