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[solution]: What is the real GDP in year 1 in the Country of Vegetable, with


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Chapter 1

 

1. What is globalization?

 

2. What are the benefits of globalization?

 

3. What drives globalization?

 

Chapter 2

 

4. What is culture?

 

5. Give three examples of subculture.

 

6. Why culture is important to international business?

 

Chapter 3

 

7. List characteristics of totalitarianism.

 

8. List characteristics of representative democracy.

 

9. What are the reasons for centrally planned economies to transit to market economies?

 

10. What are the philosophies of ethics and social responsibility?

 

Chapter 4

 

11. What is purchasing power parity?

 

12. What are the sources of political risk?

 

13. How companies manage political risk?

 

Chapter 5

 

14. What is comparative advantage theory?

 

15. What are the limitations of comparative advantage theory?

 

16. What are the main statements of new trade theory?

 

17. Describe Porter?s Diamond Model.

 

Chapter 6

 

18. Why do governments intervene in trade?

 

19. List instruments of trade promotion.

 


 

20. List instruments of trade restriction.

 


 

 


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